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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: y2kate who wrote (17558)	12/9/2023 11:21:37 AM
From: Elroy	Read Replies (1) \| Respond to of 26845

Hence my recent obsession over SMCI. That sounds hard to swallow. I think SMCI is the number five server maker in terms of market share, behind HP Enterprises, Oracle (bought Sun Micro) and two others, not exactly sure who they are, perhaps a Japanese company, perhaps IBM. Why would the number five market share server maker be a long term buy and hold, like for years and years and years? What is it that makes them special compared to say - HP Enterprises?

To: y2kate who wrote (17558)	12/9/2023 11:34:54 AM
From: Kirk ©	2 Recommendations Recommended By Return to Sender y2kate Read Replies (1) \| Respond to of 26845

It depends.... were you an investor or trader in the mid 90s through the ultimate bottom in 2002 and 2003? My biggest winner, LRCX bought for 20% of my explore portfolio in 1998 at $3.33, would make look like a genius if I hadn't taken profits in my newsletter as it soared but I wouldn't have had many subscribers by the time it bottomed with a ~90% loss from the top over 20 years ago. . I think Amazon and a few other great LT investments, like Apple, were even worse with more downside volatility. The tax treatment for taking SOME LT capital gains every year makes sense. Even more sense if you have the shares in IRAs. IF you read a free sample of my newsletter, you'd learn that I trade around core positions and seldom more than 5% to 15% of the position unless I'm buying after a big drop... where I might add 30% or even more. IF you are young and just looking to add good stocks, then dollar cost averaging makes a ton of sense with accelerated DCA when the market is down... then near tops perhaps let the contributions sit in cash for the next buying opportunity.