Why would you buy something like that?
Exactly my question too. Why would she wants to avoid tech?
Reason for tech is wild because if average tech profit margin is high above 20% , next to banking industry which is higher than tech industry.
If she expects recession or bear market, and prefers less volatile stocks, better to choose strong dividend aristocrats.
Search google for dividend aristocrats and its ETFs.
Because we are heavily invested in Tech already and want something to balance it out.
If you were an Amzn or Aapl or FB employee with more than 50% of income as stock, you would want to balance it out with something that doesn’t have your company’s stock.
We went ahead and did SPY, but in the future, I think I’d like to spread it out into other sectors.
To buy everything but tech, you can buy an s&p index fund and short a tech ETF. Sort of a roll your own non-tech etf.
As I said previously, buy dividend aristocrats at low price, make sure the payout ratio is less than 60%, lower the payout better they are on growth.
The simple idea is dividends are coming out of company financials, but growth normally we see from market pricing. Between Sep 2018 and now, AAPL is priced from $232 to $145, a lot of dependency on market pricing (supposed to be inline with company financials), but dividend is maintained.
I have 50% in ABBV, VZ, T, JNJ, GIS, BA,SYF and AAPL for dividend returns. if I happen to hold them longer term (who knows !), they may provide ever lasting dividend, keeping my original amount intact.
I gave the list for information purpose, but please search google for dividend aristocrats.
Look out this site too https://www.suredividend.com/archives/
Since Aug 28, 2017,
F10 +2.16% WB’s focussed strategy is not that great
Just like FED not concerned about market volatility, WB’s focus is on real company ROIC. You will know by Feb 15, 2019 how much WB plunged his billions into this Down market in recent days.
BRK/B is still lowest P/E above 200 Bilion companies
See here how he is !
He bought See’s Candies for $25 Million in 1972 and now it gives 100 Millions/year profit (just like your AAPL).
BTW: I added BRK/B today $201 (somehow missed buying 12/26th) !
No dividends. What is the purpose of accumulating? Is not much different from VOO. I bought some BRK/B long ago, just for discount in GEICO auto insurance. VOO distributes dividends Surprisingly positive gain Guess is because I use GTC set at possible supports (bottoms ) , auto-triggered to buy in increasing quantity at lower prices so my cost basis drops drastically, lowest is $219, miss the $214 low, didn’t expect it to go that low.
Some blogger made the case that alphabet is the new Berkshire.
Berkshire buys things that generate cash flow. Alphabet invests in things that burn cash.
I missed $187 price, my bad, I did not allocate on 12/24 for BRK ! Any way, I added only 100 shares as this was the only amount left !
Berkshire has 1/3rd investment in public companies like AAPL, JPM, WFC…etc, but they have 2/3rd investment in privately held companies like See’s candies.
The cash flow generation is too good, daily 400 Millions cash flow, and that can be realized when you hold BRK/B.
Berkshire holding won’t normally jump daily like TSLA, but they will once the results are announced.
See the recent quarterly report, how BRK/B came up ! Of the 200B+ club, there are 12 stocks below P/E<15 and only one stock below P/E<10 that is BRK/B.
Over the last 10 years, BRK is matching S&P500, but over 20 years BRK exceeds S&P. The only index that can beat both BRK & S&P is nasdaq.
Operating profit in the third quarter doubled to $6.88 billion from $3.44 billion a year earlier, and higher than the $6.11 billion expected by Wall Street, according to IBES data from Refinitiv
Anyway, these are good for investors like you, but I am trying to see whether I can become like you someday.
Since Aug 28, 2017,
F10 +5.7% Up 3.5% over last week
AAPL -17.45% Down 15% from last week
GOOG +17.17% Up 3.5% over last week
NFLX +78.06% Up 25% over last week
AMZN +66.53% Up 10% over last week
DimSum -9.67% Up 2.5% over last week
Holding onto too much AAPL. Time to switch strategy?
hanera missed many times TSLA at $300, even for trading he could have gained lot of money with TSLA !
He need not sell AAPL, but could have made use of TSLA volatility !
No where near for been in this super place that you guys love. Singapore has zero capital gain tax. Trade as much as you want. Please advise me how to get out of this prison
US is structured this way =>
You have talent, we have money, come and explore, let us share each other, your partner is government, pay taxes.
You have money, we have talent, come and explore, let us share each other, your partner is government, pay taxes.
US welcomes every top talents from the world, let us work together, make money and share it with government.
Start enjoying this world, never consider this as prison.
I want to see it blast thru the small double tops with decent volume. Somewhere around $147 I will succumb to my FOMO and buy FB again.