USA Stocks discussion

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IronMac

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Perisher said:
What are you holding?
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The usual suspects. I decided to diversify a lot more out of AAPL which I am still holding some. Off the top of my head I went into Facebook, Amazon, GOOGL, MSFT, V (more of), SBUX (more of). Got a bit more consumer with a huge whack of Snap-On which has done well considering it was paid for with some AAPL. Bought a few more just for fun such as Heico which should do well as they are into air fleet maintenance. I would like to buy more in this area.

I got rid of DIS and NFLX as I consider the former's business model to be in danger and NFLX to have too little upside considering the increasing competition. NFLX was harder to justify than DIS to be honest.
 
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IronMac said:
The usual suspects. I decided to diversify a lot more out of AAPL which I am still holding some. Off the top of my head I went into Facebook, Amazon, GOOGL, MSFT, V (more of), SBUX (more of). Got a bit more consumer with a huge whack of Snap-On which has done well considering it was paid for with some AAPL. Bought a few more just for fun such as Heico which should do well as they are into air fleet maintenance. I would like to buy more in this area.

I got rid of DIS and NFLX as I consider the former's business model to be in danger and NFLX to have too little upside considering the increasing competition. NFLX was harder to justify than DIS to be honest.
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cant help but feel you are getting more tech-heavy in your portfolio? or is this just part of your greater portfolio?
 
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IronMac

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EvilPaladin said:
cant help but feel you are getting more tech-heavy in your portfolio? or is this just part of your greater portfolio?
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LOL! I've always been top heavy with tech. AAPL used to make up 85% of my portfolio, now it's about 40-45%.

I'm very familiar with IT and technology so I stick with them.
 
Perisher

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IronMac said:
LOL! I've always been top heavy with tech. AAPL used to make up 85% of my portfolio, now it's about 40-45%.

I'm very familiar with IT and technology so I stick with them.
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Good leh, 2015 was a big year for Nasdaq as compared to the other 2 indices. :s12:
 
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IronMac

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Perisher said:
Good leh, 2015 was a big year for Nasdaq as compared to the other 2 indices. :s12:
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It was not very good for me. AAPL only did about 16% for me and would have pulled down my entire average return if it wasn't for a multi-bagger that I had in the Canadian market.

If you had Amazon and Netflix in 2015 you were on easy street.
 
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IronMac

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Perisher said:
Below $60 is 1st entry for me. Below $55 maybe another.
They are like the McDonalds of cafe... a tad bit more class only.
Plenty of room for expansion.
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SBUX is the only sure thing I can think of right now as a long term investment. As I've said before, what other business is out there right now legally selling addictive substances? Frankly, if I had the cash I would DCA my way down on it.
 
Genosis

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IronMac said:
SBUX is the only sure thing I can think of right now as a long term investment. As I've said before, what other business is out there right now legally selling addictive substances? Frankly, if I had the cash I would DCA my way down on it.
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There are other companies selling coffee too. So, besides selling an addictive product, I think Starbucks has done an excellent job selling an unique 'experience'.

When I suggest going to the cheaper toast box store to my colleagues and friends, they will say " huh? Toast box....dun want la. Is there a Starbucks nearby? More relaxed and cosy.'

My response 'ya, more expensive too!'

We usually end up at Starbucks and we did enjoy and destress ourselves over there.
 
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