rickradian_IHB
New member
I respect the opinions of the members on this board and have found a lot of you as very intelligent individuals. If any of you would care to participate I am curious to know what some of your stock portfolios look like and the reasoning behind the ownership. I usually brainstorm with my friends and family on the market and we usually give each other very good pointers. I work in the tech industry so my expertise usually runs through that field. With that in mind my stock purchases usually lean towards tech, but I try to stay diversified.
All I can say is thank god I was never on margin. I would have panicked and sold off at huge losses. I just stayed calm and road the downturn out. Recommendations I give people, stay away from margin and invest with what you can afford to lose.
I will start it off. Your opinions on some of my portfolio is also appreciated.
Current Stock portfolio.
INTC - Owned for 2+ years. I've averaged down so many times I lost count. This is a very long term investment for me. I think the dividend is safe and this is a very strong innovative company. Their current product offering and tech road map blows all of their competitors away. Long term I view this as a 2-3X bagger.
GE - Another one I have averaged down quite a bit on. Still in the red but I think this is rediculously under valued. The Capitol Group is still troublesome but I still feel confident. Once I am in the black I will probably sell.
RHT - Future growth story. Best Linux provider and a cash cow. Averaged down at the low and made a great call. Will hold long term. I forsee a buyout from IBM or Oracle in the future.
WFMI - I just like the food and my family has a member with special diet needs (Bad allergies). Really a sentimental buy
VZ - Huge growth with FIOS, solid dividend
APPL - Iphone will make Apple the next MSFT. Very long term buy
MRK - Wanted a pharma/Health stock. Bought on advice from a friend plus solid dividend
USO - Oil ETF, no comment
FAS - Pure speculation play. Mark to Market rule change in April was a game changer. Bought this at a great price. Will get out very soon.
Yhoo - Waiting for MSFT to buy them out. Unfortunatly I was wrong. Will be selling very soon.
The Company that I work for - Golden Shackles.
All I can say is thank god I was never on margin. I would have panicked and sold off at huge losses. I just stayed calm and road the downturn out. Recommendations I give people, stay away from margin and invest with what you can afford to lose.
I will start it off. Your opinions on some of my portfolio is also appreciated.
Current Stock portfolio.
INTC - Owned for 2+ years. I've averaged down so many times I lost count. This is a very long term investment for me. I think the dividend is safe and this is a very strong innovative company. Their current product offering and tech road map blows all of their competitors away. Long term I view this as a 2-3X bagger.
GE - Another one I have averaged down quite a bit on. Still in the red but I think this is rediculously under valued. The Capitol Group is still troublesome but I still feel confident. Once I am in the black I will probably sell.
RHT - Future growth story. Best Linux provider and a cash cow. Averaged down at the low and made a great call. Will hold long term. I forsee a buyout from IBM or Oracle in the future.
WFMI - I just like the food and my family has a member with special diet needs (Bad allergies). Really a sentimental buy
VZ - Huge growth with FIOS, solid dividend
APPL - Iphone will make Apple the next MSFT. Very long term buy
MRK - Wanted a pharma/Health stock. Bought on advice from a friend plus solid dividend
USO - Oil ETF, no comment
FAS - Pure speculation play. Mark to Market rule change in April was a game changer. Bought this at a great price. Will get out very soon.
Yhoo - Waiting for MSFT to buy them out. Unfortunatly I was wrong. Will be selling very soon.
The Company that I work for - Golden Shackles.