by Anura Guruge
on April 19, 204
I am an Options TRADER, but a stock INVESTOR.
Huge difference. I don’t trade stock. I buy and hold … & hold … & hold.
I am very selective about what stock I buy. I have a theme. Yes, it is MAINLY TECH (and SEMIs within that).
Yes, it is POSSIBLE that ALL of TECH could go down another 20% in the next month. I appreciate that. That is OK with I. SMILE.
I know that they will ALL be up 20% in a year. SMILE. If, not … then in two years. Joys of long term investing.
by Anura Guruge
on June 21, 2023
Click images to ENLARGE.
It was totally serendipitous. We went to ‘Fort McClary‘, one of our frequent ‘not-too-far‘, destinations for “Father’s Day” (this last Sunday).
We saw the sign even as we were driving to park. I was excited & I had good reason to be. I HAD A BALL. My kind of people. Great. Great. Great — even the French! {Smile}
They were super friendly & informative. I learnt, to my delight, that clogs were NOT restricted to the Dutch. Fancy that. All my time in Europe & I never knew that. I even learnt that they are called ‘Sabot’ in French & that is how we get the word ‘sabotage’! During the Industrial Revolution displaced, disgruntled peasants threw sabots at the machinery hoping to clog them up. Sabotage! Neat.
The couple playing the fife & drum were excellent.
I really enjoyed interacting with them. Quite the Father’s Day present. Thank YOU.
by Anura Guruge
on June 19, 2023
It is NOT great BUT at least we have made a BIT of money. Always, BUT always, better than losing money.
I set this fund up for her, at ‘Fidelity‘, in 2015 when she was 9. After scrimping & saving I was able to give her (a mere) $13,500.
I was too poor then (& I still am) to hire a Financial Advisor. Plus they charge …. WOW_wee. Paying those kind of commissions, fees, etc. etc. etc. are FINE when you are rich. But, rich is only a word I read about.
I had NO idea as to what I was doing.
All I knew was that I would ONLY invest in things I KNEW & maybe used.
In 2006, a then 80(+) year old neighbor told me to buy AT LEAST 1 share of ‘Apple‘ (AAPL). I bought a ‘couple’. I had done OK with them by 2015. So, I bought some for my daughter.
I do 95% of my shopping on ‘Amazon‘. I had bought a ‘few’ AMZN shares in 2012 & was doing OK. So, I bought her a few.
‘Google’, ‘Microsoft’ & ‘Netflix‘ were no brainers. We used them. So, I bought her a few.
I have been in computers since 1969. I know a few things about computers. I was aware of ‘Nvidia’ (NVDA) & ‘BroadCom’ (AVGO). I had been using NVDA video cards in my PC for at least a decade. I bought her some.
Then I forgot about it. Yep, that is something else about my investing. I AM LAZY. Plus, I have never understood how to ‘SELL HIGH, BUY LOW‘. I just BUY, HOLD & FORGET.
Hence why we are not doing that GREAT. But, we are OK. We haven’t lost any money. So, I am happy.
Oh, to be able to AFFORD a good Financial Advisor. Well, that is like wishing I could afford silk underwear.
by Anura Guruge
on July 18, 2022
Follow Anura Guruge on WordPress.com
I was not surprised since this was also what happened post AMZN split in June — option trading had to wait until Tuesday. So, ditto GOOG. I had told you that this will most likely be the case. Anywho, the options are now repriced, if not activates. You can see they grayed out. They look good. I can’t wait.
I already trade AMZN, TSLA, NVDA, ROKU, AAPL, NIO, JD, PLUG etc. etc. options. Now I can add GOOG to this august list. SMILE. My addiction. Option trading makes me happy.
So, here is to tomorrow. Let GOOG, post-split, option trading begin. Enjoy.
by Anura Guruge
on October 28, 2021
As ever I could be dead wrong. C’est la vie. But, from what I can see both FANG titans Amazon & Apple disappointed. Those shares were down, big time, in ‘After Hours‘ trading. I am sure that will spill over to tomorrow. (Well, I am OK. SMILE. I kind of banked (& that really is the right word) on this. Remember, I am an option trader. Huge price swings is what folks like us dream of.)
AMZN & AAPL can — & should — drag all the markets down, at least for a few hours. (Yes, there could be a dull, bounce late in the day as we head for the weekend.)
IF the Volvo IPO goes live in the U.S., Friday morning, as planned, its IPO price could drop below the initial asking. So, we could see it below $6. Just speculating. I will, when I get back from my 2-hour daily morning amble, have a look. It is unlikely that it will stay below $6 come 2022. But, make up your own mind.