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Anyone taking (tech) gains?

Posted on 6/12/24 at 11:40 am
Posted by 632627
LA
Member since Dec 2011
13870 posts
Posted on 6/12/24 at 11:40 am
Tempted to liquidate some of my apple position, not sure where I'd put it though and I already have too much cash on hand.

What's everyone else doing?
Posted by ItzMe1972
Member since Dec 2013
11554 posts
Posted on 6/12/24 at 11:57 am to
Not me.
Posted by BabyTac
Austin, TX
Member since Jun 2008
14577 posts
Posted on 6/12/24 at 12:06 pm to
The entire economy as we know it has and will continue to tech. I feel it’s all overvalued but it’s not going anywhere either. Long hold.
Posted by ItzMe1972
Member since Dec 2013
11554 posts
Posted on 6/12/24 at 12:13 pm to
." I feel it’s all overvalued but it’s not going anywhere either. Long hold."
--

Long hold is right. But it is going places.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38830 posts
Posted on 6/12/24 at 12:22 pm to
Gonna let it ride the next 20-40 years
Posted by VolSquatch
First Coast
Member since Sep 2023
5553 posts
Posted on 6/12/24 at 12:58 pm to
i like tech because it insulates from the coming commercial RE bubble and if you diversity with something like QQQ you can get some of the AI gains that will undoubtedly happen.
Posted by HagaDaga
Member since Oct 2020
3508 posts
Posted on 6/12/24 at 1:15 pm to
APPL finally broke the $200 mark after sitting in the $170-195 range for a long time. I would think it could go up more until it teases that $300 mark, then it may sit there for a while like it did. Who knows with their AI news, though not many are liking it. Thats just my basic newb idea from someone that has a couple shekels in APPL.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
18513 posts
Posted on 6/12/24 at 1:19 pm to
It depends on what you do with it. I had like 65% returns on Google and sold it. I took that and moved it into SP 500 ETF.
Posted by 632627
LA
Member since Dec 2011
13870 posts
Posted on 6/12/24 at 1:26 pm to
quote:


It depends on what you do with it. I had like 65% returns on Google and sold it. I took that and moved it into SP 500 ETF


Yeah only thing I'm thinking is moving it to VOO, a big cap tech etf such as FTEC or big growth (VUG)
Posted by kaaj24
Dallas
Member since Jan 2010
808 posts
Posted on 6/12/24 at 1:39 pm to
Holding steady.

As many of said before time in the market. Get an index fund VGT or something if you to diversify
Posted by ItzMe1972
Member since Dec 2013
11554 posts
Posted on 6/12/24 at 1:49 pm to
QQQ has been a good long term investment for me.

Up 1,500% in 15 years.
---

The Invesco QQQ ETF, which tracks the Nasdaq-100 Index, has delivered exceptional 15-year performance as of March 31, 2024. According to the sources provided:
Invesco QQQ ranked #1 (1 of 351) in the Lipper Large-Cap Growth category for the past 15 years based on total return.
Over the 15-year period, Invesco QQQ achieved a compound annual growth rate of around 18-19%, significantly outperforming broad market benchmarks like the S&P 500 Index.
This post was edited on 6/12/24 at 2:16 pm
Posted by anc
Member since Nov 2012
19703 posts
Posted on 6/12/24 at 2:59 pm to
60% of my portfolio is QQQ.

It started at 20% and I never rebalanced.

I truly think we'll see tech on the rise for another 20 years. The only thing that is going to replace it is more tech. There isn't a cotton gin in someone's head that will just replace tech.

My family tree has been forever changed because of QQQ.

Posted by BabyTac
Austin, TX
Member since Jun 2008
14577 posts
Posted on 6/12/24 at 3:34 pm to
Been riding VOO, VUG, and QQQ for two years, dumping in savings every month. Continuing.
Posted by MikelArteta
Your mother's
Member since Apr 2024
73 posts
Posted on 6/12/24 at 3:41 pm to
I recently took gains and moved most into VOO and FTEC. Bought some NVDA last week for the first time ever before the split. Holding and adding for a long long time going forward.
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8128 posts
Posted on 6/12/24 at 4:06 pm to
I've put a small portion of my non-retirement assets into NVDY.

Up 93.1% YTD.

The YieldMax™ NVDA Option Income Strategy ETF (NVDY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on NVDA. NVDY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of NVDA.


Strategy

Obviously since this strategy is focused on NVDA, it is quite specific and involves a higher degree of risk than other Income type ETFs. Depends on what you think NVDA is going to do.

Posted by Naked Bootleg
Premium Plus® Member
Member since Jul 2021
2733 posts
Posted on 6/12/24 at 4:13 pm to
Couple ideas:

Buy MSTR on the dip. It goes up & down in chunks. Get in, get out.

LLY just gains steadily. Up 95% for the past 12 months, 676% over 5 years.
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