You guys seem to think the world has no conspiracies. Just like the people have conspired to make you think.
Ha ha, you're funny.
Of course there are conspiracies out there. But not everything that happens differently than you expect is a result of a conspiracy. Many processes are chaotic and unpredictable. Could there be big players behind the curtain making TSLA, MSFT, NFLX, FB, GME and the like dance for us all? Well, I guess... and if it helps you sleep better to think so, I encourage you to carry on with your beliefs.
There is no accounting for personal beliefs, mine, yours nor anybody's...
well tomorrow tech will give back much of what it made back today. Unless apple does really really well.
I'm starting to think I'll dump my 5% position in tech funds...and buy value and dividend stuff with that money. I'll still own tech via other funds but man the market just does not want to support stocks with high valuations. Why not buy a bunch of high quality cash cows that pay dividends?
well tomorrow tech will give back much of what it made back today. Unless apple does really really well.
I'm starting to think I'll dump my 5% position in tech funds...and buy value and dividend stuff with that money. I'll still own tech via other funds but man the market just does not want to support stocks with high valuations. Why not buy a bunch of high quality cash cows that pay dividends?
i would tend to agree with that attitude and strategy up to now but there is always the possibility that tech sell off has bottomed and perhaps even over sold. That is my long term view.
What has happened since 4/25, when it was at over $1,000 per share, and today, 3 days later, where it is heading for $800?
Just a coincidence that Musk got Twitter on 4/25?
What has happened since Dec 2019 when Tesla was $83 vs now at $877 besides hype? It has no business being a trillion dollar company. LoL. They sold like 930k cars in 2021? Toyota sells 10mil per year and has a market cap of 241bil. TSLA is worth more than the top 6 car companies combined based on what? Because they have solar? Is solar even profitable? LG makes top of the line panels and they are leaving the business because it's not profitable for them. My in laws owned 2 Model Ys but they sold one because they took a road trip to Canada. It was a nightmare to plan their route based on where to charge, and a pain to stop and charge all the time. The battery technology is just not there yet. They traded it for a Toyota hybrid.
well tomorrow tech will give back much of what it made back today. Unless apple does really really well.
I'm starting to think I'll dump my 5% position in tech funds...and buy value and dividend stuff with that money. I'll still own tech via other funds but man the market just does not want to support stocks with high valuations. Why not buy a bunch of high quality cash cows that pay dividends?
i would tend to agree with that attitude and strategy up to now but there is always the possibility that tech sell off has bottomed and perhaps even over sold. That is my long term view.
yeah the problem is that for a decade or two - at least since 2009 - owning tech is the only way to beat the market. It has done phenomenally well. 13% per year for ten years. So not overweighting tech means you are saying that period is over. And that you don't want to overweight America's best companies.
It's a conundrum, esp because value investing has been so bad for those ten years. Hate to reallocate and just lag again.
Always hard to know if you are fighting the last war or in a new environment. That's probably why just owning the SP500 works.
I've been buying ticker COWZ - seems a successful strategy of buying high free cash flow companies. The good part is that it's not a deep value fund - it owns some fast growers too. But ones that are established and making lots of cash. Seems like a middle ground between growth and value.
i would tend to agree with that attitude and strategy up to now but there is always the possibility that tech sell off has bottomed and perhaps even over sold. That is my long term view.
yeah the problem is that for a decade or two - at least since 2009 - owning tech is the only way to beat the market. It has done phenomenally well. 13% per year for ten years. So not overweighting tech means you are saying that period is over. And that you don't want to overweight America's best companies.
It's a conundrum, esp because value investing has been so bad for those ten years. Hate to reallocate and just lag again.
Always hard to know if you are fighting the last war or in a new environment. That's probably why just owning the SP500 works.
I've been buying ticker COWZ - seems a successful strategy of buying high free cash flow companies. The good part is that it's not a deep value fund - it owns some fast growers too. But ones that are established and making lots of cash. Seems like a middle ground between growth and value.
Owning tech is NOT the only way to beat the market. Flagpole has proved that even conservative investing can beat the market on a regular basis. Witness him beating the market 32 out of 33 years in a row.
Definitely not a buy. A stock that is not cheap, rising labor and logistic costs ($6 Billion this quarter). Increasing competition in Cloud. Just another story stock from the last decade. SARK, EMD, and HSGFX are much better places.
What has happened since 4/25, when it was at over $1,000 per share, and today, 3 days later, where it is heading for $800?
Just a coincidence that Musk got Twitter on 4/25?
What has happened since Dec 2019 when Tesla was $83 vs now at $877 besides hype? It has no business being a trillion dollar company. LoL. They sold like 930k cars in 2021? Toyota sells 10mil per year and has a market cap of 241bil. TSLA is worth more than the top 6 car companies combined based on what? Because they have solar? Is solar even profitable? LG makes top of the line panels and they are leaving the business because it's not profitable for them. My in laws owned 2 Model Ys but they sold one because they took a road trip to Canada. It was a nightmare to plan their route based on where to charge, and a pain to stop and charge all the time. The battery technology is just not there yet. They traded it for a Toyota hybrid.
Doesn't it get like 350 miles on a charge? That's plenty to drive in a single day and then charge it overnight no? Curious.
Definitely not a buy. A stock that is not cheap, rising labor and logistic costs ($6 Billion this quarter). Increasing competition in Cloud. Just another story stock from the last decade. SARK, EMD, and HSGFX are much better places.
Prob agree. Don't see what they have that's the secret sauce after the obvious killer story during the covid period. Actually, I have walmart+ through a credit card and their app is so simple, even easier to order something and quick delivery too. Maybe amazon has that logistical moat though, if the costs are rising for competitors too as they must.
i would tend to agree with that attitude and strategy up to now but there is always the possibility that tech sell off has bottomed and perhaps even over sold. That is my long term view.
yeah the problem is that for a decade or two - at least since 2009 - owning tech is the only way to beat the market. It has done phenomenally well. 13% per year for ten years. So not overweighting tech means you are saying that period is over. And that you don't want to overweight America's best companies.
It's a conundrum, esp because value investing has been so bad for those ten years. Hate to reallocate and just lag again.
Always hard to know if you are fighting the last war or in a new environment. That's probably why just owning the SP500 works.
I've been buying ticker COWZ - seems a successful strategy of buying high free cash flow companies. The good part is that it's not a deep value fund - it owns some fast growers too. But ones that are established and making lots of cash. Seems like a middle ground between growth and value.
COOWZ looks interesting. And pays a decent dividend, to boot.
Definitely get the cause for concern with tech going forward. All things considered, I would be more prone to changing course and abandoning tech if it were not for the basic economy still being on solid footing. Which is just my way of saying that the inflation fears and rising interest rates are a definite concern, esp. in the short term, but the fundamental economy shows signs of withstanding these downward pressures and persisting on a good run once it corrects for them and prices it in.
Which is not to say that I haven't adjusted my exposure. But even so, I'm still vastly overweighed in tech.
What has happened since Dec 2019 when Tesla was $83 vs now at $877 besides hype? It has no business being a trillion dollar company. LoL. They sold like 930k cars in 2021? Toyota sells 10mil per year and has a market cap of 241bil. TSLA is worth more than the top 6 car companies combined based on what? Because they have solar? Is solar even profitable? LG makes top of the line panels and they are leaving the business because it's not profitable for them. My in laws owned 2 Model Ys but they sold one because they took a road trip to Canada. It was a nightmare to plan their route based on where to charge, and a pain to stop and charge all the time. The battery technology is just not there yet. They traded it for a Toyota hybrid.
Doesn't it get like 350 miles on a charge? That's plenty to drive in a single day and then charge it overnight no? Curious.
I think it's rated 303 but that's maybe if you're by yourself and don't turn on the heat/temp fan. Heat cuts down the range by 30%. And no one drives it until empty, they get range anxiety when there's around 1/4 battery left. Even a super charger takes 45min for a full charge. Their relatives were in Toronto which is 550+ miles away from Boston so yeah. Tons of going out of the way to stop and waiting around to charge. I don't think the relatives had a home charger for them to use either.
Also if it's cold outside, EV range drops significantly even if you don't turn on the heat. Driving at the highway speeds drops range a lot. Driving with passengers drops the range a lot. Basically whatever it is rated for is only based on ideal conditions which we know rarely happens.
yeah the problem is that for a decade or two - at least since 2009 - owning tech is the only way to beat the market. It has done phenomenally well. 13% per year for ten years. So not overweighting tech means you are saying that period is over. And that you don't want to overweight America's best companies.
It's a conundrum, esp because value investing has been so bad for those ten years. Hate to reallocate and just lag again.
Always hard to know if you are fighting the last war or in a new environment. That's probably why just owning the SP500 works.
I've been buying ticker COWZ - seems a successful strategy of buying high free cash flow companies. The good part is that it's not a deep value fund - it owns some fast growers too. But ones that are established and making lots of cash. Seems like a middle ground between growth and value.
Owning tech is NOT the only way to beat the market. Flagpole has proved that even conservative investing can beat the market on a regular basis. Witness him beating the market 32 out of 33 years in a row.
You only got part of that right.
1) I'm not a "conservative" investor...I lean aggressive.
2) I haven't beaten the "market" 32 of 33 years. I have beaten The Dow. I have lost to other indices more often.
3) Let's do a YTD update!
Dow YTD: -6.66% Flagpole YTD: -15.60%
Man...getting killed this year. Would be a big surprise if I can pull this one out, especially since I'm not planning to pick something mid year to throw a ton of money into as I have done in the past in big down years...just no need for me to do that kind of thing anymore.
Only thing that was carrying the day for me was a Tesla bounce-back this morning that saw the price go to to over $930 for $878 (nearly 6%).
Now that has settle back to just above 0% while S+P 500 is down another 2.5%.
S+P 500 down 12% for the year.
You guys shouldn't be distressing over the market so much. The S&P is down 12% for the year? In 2008 the S&P was down 48%. THAT is something to fret about.
Owning tech is NOT the only way to beat the market. Flagpole has proved that even conservative investing can beat the market on a regular basis. Witness him beating the market 32 out of 33 years in a row.
You only got part of that right.
1) I'm not a "conservative" investor...I lean aggressive.
2) I haven't beaten the "market" 32 of 33 years. I have beaten The Dow. I have lost to other indices more often.
3) Let's do a YTD update!
Dow YTD: -6.66% Flagpole YTD: -15.60%
Man...getting killed this year. Would be a big surprise if I can pull this one out, especially since I'm not planning to pick something mid year to throw a ton of money into as I have done in the past in big down years...just no need for me to do that kind of thing anymore.
Not much posting on the stock market today, for some reason. Your numbers are likely to get much worse. If you choose to use your brain, you may want to hedge you stock exposure. Just in case we see another 2000-2013 market.