$92 a share with a PE of 16.5
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Anyone buying GOOG for long term at these levels
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Last: 3 yr ago by jamey
It's already below that aftermarket.
Wait till this drop finds a bottom. Then buy it on the way back up.
I'm not touching it for a bit till the dust settles.
Wait till this drop finds a bottom. Then buy it on the way back up.
I'm not touching it for a bit till the dust settles.
been buying it every week the last 6 monthsjamey said:
$92 a share with a PE of 16.5
added more today
will buy some Amazon tomorrow
Ah, makes me feel better LM! At least I am not the only one in this boat. Purchased 65, 76, and 71 shares of each AMZN, GOOGL, and AAPL, respectively, last week. Looks like I was a week too premature! I am long on all three of them because they are through my SEP but Ugh. Time in the market better than timing the market, lol.LMCane said:been buying it every week the last 6 monthsjamey said:
$92 a share with a PE of 16.5
added more today
will buy some Amazon tomorrow
Bought Googl, META, AMZN all after hours today.
Aggie09Derek said:
Bought Googl, META, AMZN all after hours today.
I haven't wanted to buy Appl for a while and still don't. If it's trading the same the end of this year I may get in pretty big.
My main plays are Twitter, Tesla, Sonos and Nextflix
May put the Twitter share on Meta and Appl - and although I have an iPhone and am all in with it, these two companies such as far as ESG…. I think esg is going to be the downfall of many companies.
Honestly, I'd be very wary of buying Google. I think anti-trust is shifting considerably and they might be forced to split ads off. Ads is the money maker.
There's already a bipartisan bill in the Senate to force the issue with Mike Lee (R), Cruz (R), Klobuchar (D), and Blumenthal (D) co-sponsoring. That's an odd set of bedfellows and I don't think the tide is going to turn anytime soon against "monopolies."
There's already a bipartisan bill in the Senate to force the issue with Mike Lee (R), Cruz (R), Klobuchar (D), and Blumenthal (D) co-sponsoring. That's an odd set of bedfellows and I don't think the tide is going to turn anytime soon against "monopolies."
I was in a rush to buy GOOG at $120 at the beginning of the year. Shifted a significant portion of my portfolio towards it. I am down 20% so far.
Beginners Learning lesson there. Diversify more and don't get excited.
Beginners Learning lesson there. Diversify more and don't get excited.
You'll be fine in 2-3 years.
You don’t trade for money, you trade for freedom.
LMCane said:been buying it every week the last 6 monthsjamey said:
$92 a share with a PE of 16.5
added more today
will buy some Amazon tomorrow
LM, you still been adding/added to your GOOG position? And picked up Amazon?
Bought $50k of GOOG a month or so ago. Dropped a little. Hopefully got in close to the bottom. Expect to hold it at least a few years and see what happens.
this is my thinking as well.MS08 said:Ah, makes me feel better LM! At least I am not the only one in this boat. Purchased 65, 76, and 71 shares of each AMZN, GOOGL, and AAPL, respectively, last week. Looks like I was a week too premature! I am long on all three of them because they are through my SEP but Ugh. Time in the market better than timing the market, lol.LMCane said:been buying it every week the last 6 monthsjamey said:
$92 a share with a PE of 16.5
added more today
will buy some Amazon tomorrow
yes, I am not buying at the ABSOLUTE BOTTOM, or maybe I am. who knows?
no one knows until years later. but in the meantime, buying a great company when it is very low and consistently buying it for a hold of over 20 years will pay off. it's literally the way most great investors made their fortunes.
EVERY great stock titan admits and writes in their books that it is nearly impossible for anyone to accurately pick the BOTTOM, and that is with math PHDs, computers and AI helping them. much less you as a normal human being.
better to DCA all the time, you can't go wrong.
I have been buying both Google and Amazon for the last year. Buy low and sell high at some point in the distance future. Good companies so there should be value there in the future. Nvidia is another one I have but I may sell at tax loss.
I've noticed Cane loves to catch that falling knife. he had the same strategy with ARKK.
absolutely but I am hardly a whale.MS08 said:LMCane said:been buying it every week the last 6 monthsjamey said:
$92 a share with a PE of 16.5
added more today
will buy some Amazon tomorrow
LM, you still been adding/added to your GOOG position? And picked up Amazon?
something like 68 shares.
I rebalanced a bit by making my DIA, SPY, IWM, ONEQ sector ETF the largest part of the portfolio (I am discussing now my own personal brokerage not my corporate 401Ks which are all ETF and funds)
but AAPL is my largest company holding, GOOGLE second, TESLA third all about the same amount of the portfolio as the entire market funds listed above.
you can't win with everything- I only have about 10 shares of ARKKDiggity said:
I've noticed Cane loves to catch that falling knife. he had the same strategy with ARKK.
and ARKQ.
if it collapses to zero it's not a huge loss, if they come back to previous ATH over the next ten years then I just made a few thousand dollars
Aggie09Derek said:
Bought Googl, META, AMZN all after hours today.
You long on these as well? Increased your position at all this week?
Increased on initial post
Haven't added this week
Haven't added this week
MS08
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LMCane said:you can't win with everything- I only have about 10 shares of ARKKDiggity said:
I've noticed Cane loves to catch that falling knife. he had the same strategy with ARKK.
and ARKQ.
if it collapses to zero it's not a huge loss, if they come back to previous ATH over the next ten years then I just made a few thousand dollars
I'm going to get some ARKG eventually if it falls more. I think genetics will be a good very long term hold.
Especially as AI and medicine merge
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