Let me know your plans working at this dump.
14 replies (most recent on top)
Sell some, LFG! and over-rotating on CCC, going to hurt. Brace for impact, don't blame me afterwards.
S. warned approx 4.5 months ago.
Sell. Sell. Sell.
Invest and don’t touch for 5 years !! That’s what I meant !
Yeah, like buying Cisco in October 1997 for the Internet bo-m to see it rise to $82 then drop to just over $8. Many of Cisco's competitors did far worse. Since its peak of $82 the company itself has actually lost significant value even though the share price after nearly a quarter century appears higher due to stock buybacks. If you bought it in the 14 year window where it flapped around $25 you might have ended up losing money.
It was even worse for Cisco employees who bought and held options at $82 where the AMT taxed you immediately so if you held it down to $8 you still owed taxes on the millions leading up to $82/share.
Don't use folk advise from the Internet on how to invest. Do the research and even then realize there is no such thing as a sure thing.
Rocket ship! Hold.
Invest and don’t touch for 5 years !! That’s what I meant !
ETFS:
SMH
QQQM
VUG
Or
Individual stocks:
NVDA
MU
GOOG
AVGO
META
TSM
IREN
CRWD
Good ETFs:
SMH —- > best for semiconductor industry. Just 25 stocks in it. With majority in NVDA(20%), TSM(9.8%), AVGO, MU, applied materials& few more
VUG
QQQM
Don’t touch for 5-10 years !!
@ed not "now"; meant "not" re: Tesla / BMW. Who cares about status? In ten years, the cars are all old pieces of sh-t anyways.
I come back to this board to catch up on the cr-p, sounds like most of the same as it was years ago. But mostly - to pay it back. My boss told me to do this, years ago. She left like 2009. Seemed like a great idea. She was right.
There are plenty of people that retired from Cisco once they are LR'd. This is how we do it. If you look hard enough, you will realize who they are.
I turned RSUs and ESPP into a current 2026 $875,000 nest egg using one simple rule: systematic diversification.
This was plan from 2003 to 2017.
Don't sell all, sell say half. Put it in VTI.
RSUs: Sold the exact moment they became available. No timing the market. No waiting.
ESPPs: Sold the second they hit long-term status to optimize for capital gains taxes.
Sales swept into VTI (Vanguard Total Stock Market ETF). 14 years total.
Today, those transfers have compounded into ~$875,000, fully insulated and diversified across the entire U.S. economy.
Don't treat your company stock like a lottery ticket.
I was LR'd and still have additional ESPP and RSUs, left after LR in addition to above.
Also: don't spend like a drunken sailor. Buy a damn used Toyota, now a Tesla or a BMW.
I look back at the fall after March 2000 where the price dropped through $50 in May 2000 and didn't get back there until 2019. Stock buybacks dropped the number of shares from over 7B to below 4B artificially increasing the value of each share. Note that none of this accounts for inflation. It suggests coming out of a bubble burst as the market leader can still leave your stock battered for decades.
Accounting for the Splunk acquisition Cisco's stock has essentially doubled in a bit over three years while the revenue and earnings have just kept up with inflation. Even if that bump is an AI bump when that bubble bursts I can't see why Cisco is more than a $50 stock.
I look at the list @bx provided and many of those stocks are at the same price they were at some point 3-5 months prior and with so much of the LLM API work being OpenAI and Anthropic with both having very low quality debt I see more risk than short term reward.
Always remember the market can remain irrational longer than you can remain solvent.
@bv I think your autocorrect went haywire. You meant to type, “bust”.
Sell and invest in these companies involved in Cloud and AI:
NVDA
MU
GOOG
AVGO
META
TSM
IREN
CRWD
Hold it for two more years !! AI bo-m has just started !!
I'm holding until we approach the Nov. 12 earnings report. Last quarter we hit $122/share just before the earnings report and then it plummeted after the earnings (despite reporting record earnings.)
SELL SELL SELL