Stock Market picks???

Discussion in 'Economics & Trade' started by wgabrie, Nov 25, 2018.

  1. wgabrie

    wgabrie Well-Known Member Past Donor

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    I'm really bad at investing in stocks. I only lost money on the stock market. So, I haven't done anything with the stock market for years, almost a decade now.

    But I was thinking maybe a good investment strategy would involve buying stock of companies who are working on Quantum Computers. This would, I think, be the next big revolution in tech. Microsoft, D-Wave, Intel, ect. all make good choices for a long-term investment. One of these companies is going to be a breakaway success.
     
  2. The Don

    The Don Well-Known Member

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    In my opinion there's a difference between investment and speculation.

    Investment involves putting money into the market on a regular basis in a diversified portfolio to spread the risk across time and across stocks.

    Speculation involves picking individual stocks that your reckon and going to do well and making a one-off investment.

    My view is that while investment can reasonably be expected to yield results in the long term, speculation is the equivalent of betting on the horses.
     
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  3. Hotdogr

    Hotdogr Well-Known Member Past Donor

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    Look up FCNTX, and look at it's performance history. It's heavily invested in tech.

    Now is a good time to jump in, tech took a beating last week.
     
    Last edited: Nov 26, 2018
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  4. Kode

    Kode Well-Known Member

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  5. Market Junkie

    Market Junkie Well-Known Member

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    I still love Microsoft.

    Nadella has done a great job at the top after taking over for dead-weight Ballmer.

    Over the past five years tech and health care have been the best-performing sectors in the S&P 500.

    I'm betting heavily that they'll continue to be the top performers over the next decade.

    My health care allocation is evenly split between VHCIX and FHCIX, both terrific funds.

    About 75% of my tech money is in VITAX, with the rest in FSCSX.
     
    Last edited: Dec 2, 2018
  6. Distraff

    Distraff Well-Known Member

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    What I do is invest in a general market ETF like one that follows the S&P 500. You don't even have to follow the S&P 500 or Nasdaq specifically, because these just follow a group of companies that that group is a bit arbitrary.

    Another thought is that if you have settled down somewhere, then a great investment is a house, and get one that is cheaper so you can pay it down quickly with little interest.
     

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