My tech Stocks Just won't quit

[Anonymous]

Anonymous wrote:Did you tech stocks quit today?

Heh.

[Anonymous]

Anonymous wrote:Did you tech stocks quit today?

Nope. Still going strong.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:That's right, OP. The won't quit. They'll never quit. It can only go up, up, up! YOU'RE GOING TO BE SOO RICH!!!!

I already am

Realized gains or on paper?

I was at AWS for a long time, I'll let you conjecture from there.

So on paper.

NP here and pretty amused here. I'm thinking you don't know much about wealthy people. They don't sit on cash. They stay wealthy by making their money work. I'm a commercial lender and often my clients are wealthy individuals and there is a reason they borrow money to start their various business ventures. It's because their cash is invested and working and making much more than the interest rate I offer.

Kind of surprised you don't know this.

So I'm assuming PP has had a lot of AMZN stock options vested and/or stock grants issues. Question is if she's sitting on them (on paper) or has diversified to other investments (realized gains).

I have worked at start-ups and Fortune 50s with all sorts of equity. Speaking from experience, you don't really have the money until the stock is sold. You can invest in something else, but if you're just sitting on a crapload of AMZN stock then don't count your chickens.

I always diversified so I'm fine, but my old boss used to boast how "rich" he was (in ONE stock) until he lost it all. MFer is old and still working because he needs to rebuild his nest egg.

I had to exercise some upon leaving, which was no small sum. I have some real estate (commercial with 2 other investors) and some "play money" where I invest in individual stocks. So far my individual stocks have been out performing the indexes. I don't own the usual suspects, like Google and Facebook. I've since worked for another tech company that went IPO. Once you are in tech it's not hard to follow the money. I know people that jump from IPO to IPO, that's what they do.

And no, of course I do not keep cash laying around. Who even does that?

[Anonymous]

Anonymous wrote:Did you tech stocks quit today?

Say what?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Did you tech stocks quit today?

Nope. Still going strong.

Today?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you tech stocks quit today?

Nope. Still going strong.

Today?

Guess they did.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did you tech stocks quit today?

Nope. Still going strong.

Today?

YOu can't take DCUM posts seriously. PP probably doesn't even own stocks.

[Anonymous]

How’s it going, OP?

[Anonymous]

Anonymous wrote:How’s it going, OP?

NP here with tech stocks and going well! Up for the month and, way up since Jan 1...and we all know the deal for the last 3 years.

[Anonymous]

Anonymous wrote:How’s it going, OP?

Considering the OP says her biggers performer is NOW. As of today that stock has doubled in the last year. I'd guess, it's going pretty well. I wish I had gotten some NOW a year ago. If OP has real money in the stock and if she's like any other person who's been in this market for a few years, shes in a enviable spot.

[Anonymous]

https://www.axios.com/big-techs-big-loss-e72e149d-bc84-4e02-bc9c-4d92c3f4c454.html
"Big Tech loses 1/4 trillion
Big Tech has lost $278 billion in stock-market value since the Facebook data-harvesting revelations two weekends ago, per the Financial Times (subscription):

By the numbers: Facebook: $75 billion ... Amazon: $61 billion ... Apple: $54 billion ... Alphabet, parent of Google: $62 billion ... Microsoft $26 billion."

[Anonymous]

Anonymous wrote:https://www.axios.com/big-techs-big-loss-e72e149d-bc84-4e02-bc9c-4d92c3f4c454.html
"Big Tech loses 1/4 trillion
Big Tech has lost $278 billion in stock-market value since the Facebook data-harvesting revelations two weekends ago, per the Financial Times (subscription):

By the numbers: Facebook: $75 billion ... Amazon: $61 billion ... Apple: $54 billion ... Alphabet, parent of Google: $62 billion ... Microsoft $26 billion."

Crazy as that is over the past couple of years they have made people Quadrillions yes not just trillions quadrillions. Still too many people wait until something is hot lose some and then get out. The worst timing on both sides.

[Anonymous]

It's brutal in the market today, even if you are "up".

[Anonymous]

Anonymous wrote:It's brutal in the market today, even if you are "up".

+1

Any updates, OP?

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's brutal in the market today, even if you are "up".

+1

Any updates, OP?

What stocks do you all think are so tanked? I too have heavy tech stocks and this week has been up and down, but I'm going to leave the last year out of it. Heck, I'll go back only 2 months and I'm up. If I look back a year, its ridiculous how much they are up.