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CecilShortsHisPants

Favorite team:New Orleans Pelicans 
Location:One Foty Fo uh uh Magnolia Screet
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Number of Posts:3879
Registered on:10/8/2012
Online Status:Not Online

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quote:

About 15% of my 401k is in small/mid cap. Is it time to transfer out of that into large cap?


That’s entirely a personal question. Small/mids offer more upside with greater risk.

FWIW, I’m 37, and 100% of my 401k is an S&P fund
quote:

Small to mid cap (SMID) is for stock picking


This

Most small caps get absoultely wrecked when things turn sour, which is due any moment now
quote:

I don’t know how to do this


Google it. “How to sell covered calls” on whatever brokerage you use. It’s not as complicated as it seems.
The hook for me was years ago, some guy on youtube described selling options as being the casino for option gamblers. And he was right.
It works especially well with index options because the S&P isn’t going to run 20% up on you in a month, it just doesn’t happen. (Granted, the premiums are slim, but that’s what you’re going for, just a little extra juice) I’ve been collecting modest premiums on top for years and never got my shares called away.

If you have enough for 100 shares of VOO, consolidate and sell conservative covered calls. Just enough to get you S&P return plus 1-3% annualized.
That’s what I do anyway

re: Salesforce (CRM)

Posted by CecilShortsHisPants on 6/17/26 at 8:58 pm to
quote:

You can vibe code a solid CRM in about an hour. Once its coded, you don't have to worry about token costs.


I’ll admit, I’m not experienced in that area. I just keep going back to if it’s really that easy to disrupt Salesforce, why are they still growing and guiding for 10% annual? It feels like Salesforce has a higher value proposition than AI can offer their customers.

I just see a strong business that is extremely oversold, given the metrics. Could it turn like the market is betting? Sure

re: Salesforce (CRM)

Posted by CecilShortsHisPants on 6/17/26 at 7:47 pm to
Using AI for CRM sounds great, but it will come with a price. (It might be free, or relatively cheap now, but these LLM providers will eventually need to make money too, LOTS of it)

The biggest question to me is this: Will there be more value in paying for AI or just paying for Salesforce?

I’m betting on Salesforce. Maybe I’m wrong, but the profits and guidance are still strong today, that’s a fact.

re: Admins please delete

Posted by CecilShortsHisPants on 6/16/26 at 2:11 pm to
quote:

Do the class I want to learn


1st homework assignment is free on page 1 :cheers:

re: Software Stocks Plunge

Posted by CecilShortsHisPants on 6/11/26 at 6:36 pm to
It’s hard to double down on Adobe again, but I feel like I have to. It’s just math at this point, that’s it
Crazy thing is if Spurs didn’t choke 3 games, it could easily be a series sweep

re: Space X IPO question

Posted by CecilShortsHisPants on 6/9/26 at 8:41 pm to
IPOs are for suckers. There are plenty of them out there, don’t be one
quote:

Why?
. Because I’m 37 and 100% of my 401k is an S&P index fund :dunno:
My entire retirement relies on the strength of the S&P. Good on them
quote:

The interest rates are also insane. What you considered credit card levels of interest just a few years ago are student loan rates today.


I found this interesting, so I did a quick search. Turns out student loan rates are around 6-8% (similar to an auto loan, which is fair) while CC rates generally exceed 15%.

Not suggesting taking on debt early is ever a good idea, but am I missing something?
Like most huge IPOs, this will likely be a major flop. I’m also perfectly fine missing out if not
I have pretty nice positions in all 3. These always seem to take turns based on nothing more than what’s hot. Google was left for dead before this rally, I’ve been told Microsoft is trash many times over the years. Amazon is the one that kinda lurks in the back, but always has a foot in everything. Over the next 5 years, each of these 3 will probably be “the best company in the world” at some point

re: Sell MGM?

Posted by CecilShortsHisPants on 6/1/26 at 8:27 pm to
Ah, well excuse my ignorance. I don’t follow the entertainment industry too closely

re: Sell MGM?

Posted by CecilShortsHisPants on 6/1/26 at 7:48 pm to
Is it bad that I’ve owned Amazon for about a decade and had no idea they owned MGM? :lol:
quote:

Sell covered calls for a strike price that brings a smile to your face currently.


Bingo. I’ve got 2 AMD 500s that I will happily part with. Then I’ll sell puts on Meta or Microsoft
When I no longer see the value, I’m out. Could be weeks, months, years or decades. There’s no science