Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: macbolan who wrote (7337)	8/2/2024 6:18:35 PM
From: SeeksQuality	2 Recommendations Recommended By OneDonatoOne suncoaster Read Replies (2) \| Respond to of 22035

I'm not a fan of "selling when they come back". If they don't make sense for your portfolio, then sell now and eat the losses. If they do make sense for your portfolio, then give them a chance to make you some money on their rebound. I was very quickly down 12% on yesterday's purchases of AMZN, but that means nothing to me. Their results met/exceeded my expectations so I took advantage of the dip to add more, maxing out the position. Now I get to hold for a while, until that 12% dip turns into a 15% gain. (My position rules will start triggering trims if/when that happens.) If I'm wrong then I'm wrong, my exposure to the ticker won't kill me, and I'm still broadly underweight tech.

To: macbolan who wrote (7337)	8/2/2024 7:13:43 PM
From: Max2.0	Read Replies (2) \| Respond to of 22035

These last few days were bad for tech. AVGO is my largest stock position and it is still up like 520% on cost. NVDA is a smaller position purchased earlier this year and is up something like 83% today. For me those 2 are really good bets. long term. Not telling you what to do but short term experience may not be the best to react to. You have a lot of securities in your portfolio and these two are small positions, correct? Why not just let them run for the next few years and see what happens?