Fang, ant, bat


#925

Do you keep a record of your networth every year? I guess most people don’t even know their networth in 2012, not to mention 2002


#926

Top 1 percent is top 1 percent for a reason. How do you know where you are going if you didn’t know where you were?


#927

Men play rough is a good thing. Train us to deal with any future real issues. Something that many female teachers don’t understand, often call boys naughty and don’t behave. IMHO, we should reduce the number of female teachers in K-12.


#928

If $1M, then $9.3X M :slight_smile:


#929

You too envious over TEVA? We have a sync back every 2 years.

Now, I am convinced, everyone including wuqijun, envies about AAPL holding and TEVA holding asking us to get rid of it !


#930

TEVA is a death trap.

Signed,

@manch


#931

Here I am talking only taxable account.

In short, you are expecting stocks to return 10% over the S&P500 every year. The easier part is that you can gain better than S&P500 or QQQ index funds consistently every year. It is doable over a long period,say 20 to 30 years, but not every year consistently, say one year 5% and another year 40%, but over all 10%.

The toughest part is identifying right stocks, at the early period and hang on to it. Needs practice to pick right stocks.

We can have two accounts each with same amount, one with index funds (Say SP500 or Nasdaq) and another stock picking account. If we are able to beat few years, say next five years (both bullish and bearish period), it is nice and good.


#932

It is always wuqijun vs Others and not any other way :rofl:


#933

Two tough decisions, identify and hold on :slight_smile:


#934

Not really. It’s just me vs. you. But you know you’ve already lost.


#935

Lost where or how?


#936

Stocks.


#937

Explain more quantitatively?


#938

Already did. Many times.


#939

If you do not explain quantitatively means you are not telling the truth, but just trying say “You won”.


#940

VGT is a pretty decent fund, but I am not a fan of its weighting. Maybe I just know enough to be dangerous but not well enough to be a genius… :thinking:

Where the heck is Amazon? Facebook only 4.7%? Intel? Cisco? ORACLE?? :man_facepalming:


#941

How old are you and how old do you think I am?
What percentage of your net worth is in stocks and what percentage do you think my net worth is in stocks?
What is the value of your stock portfolio and what do you think the value of my portfolio is?
What kind of stock is Teva and what kind of stock do you think Tsla is?

Try to answer these questions yourself and draw your own conclusion.


#942

All are irrelevant questions, except highlighted one.

Your EGO does not accept when others are doing fine, for that you just trying to say “You won” without any valid quantitative proof.


#943

All are relevant. You just refused to listen.


#944

Yeah. VGT is not that good that way. It was available as commission free etf, and hence pullled it. To compensate, I bought AMZN individually. The troublesome part is that they are removing Google and Faceboook and moving it to Tele-communications etf next month making the etf less useful. I will likely have to buy qqq going forward.