What percentage do you normally allocate to individual stock position size? You could sell off some of NVDA to get it down to your normal range if it's taken over a large percentage of your total individual stock percentage.
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I've historically had only a mostly hypothetical dollar amount limit on any individual stock holding, and I'm really diversified, so that limit is only about 2 percent of my total investments. I say 'hypothetical' because until the past couple of years I'd never had a stock reach that dollar amount. Now, though, I have five that are above the limit - NVDA, GOOG, MSFT, AAPL, and AMZN - because they all shot up so much last year. The last four are not too far above my limit, but NVDA shot up so much that it's now about 4 percent of my total holdings. That's making me nervous, but it's also letting me dress like that guy on the Monopoly money right now.

I'm going to keep selling off tiny amounts of NVDA if it keeps going up, but at the same time it feels like I'm voluntarily pulling my head out of one of those neverending chocolate fountains at Golden Corral. Every time I sell, the stock is 10 percent higher the next time I look. I sold my first defensive share last year at $438 and now it's pushing $800. At some point it's got to slow down, but maybe that won't happen until I'm doing two chicks at the same time. The stock may be high, but at the same time all I'm hearing is that they can't make those chips fast enough to meet the sales that are pouring in. From an investing perspective, it's tough to land a plane like that when I've been wanting a ride on it my whole life.
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Is your NVDA in a Roth or other tax protected account or do you take a pretty big tax hit each time you sell?
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About 80 percent is in an after-tax brokerage. That's what I've been selling because if it keeps growing I want to keep the part that's in the IRA. So I'm paying taxes any time I sell.
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I've never done any type of hedging or options, but that's actually kind of intriguing in this particular case.
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LOL. You should have told me and I’d have bought some. :-)
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Opinion on the cheapest per share stock to buy at the moment?
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even a CD or high yield savings is 5%

better than 0
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my 2 cents on cheapest 'per share' is that it doesnt really say anything about value or not.


What you have to do is multiply the 'per share' cost by the total # of shares (the float) to get the market cap (market value) of the company.


Then you have to take a hard look as to whether that market cap is a 'good deal' , or 'about right' , or 'over priced'


I think what you are looking for (if I am understanding you correctly) is a stock with a low 'per share' price that also is a good VALUE and has the potential to go up in price... as opposed to just random penny stocks that will probably go down or maybe aren't a great value.


Is that right?


I personally think Ford (F) is a fairly safe stock. Picking it up at the 9$ - 12$ per share range is always a good idea. Its on the high end of that range right now but at times pays about 5% dividends on top of possible gains. Put it on a watch and start picking it up if it drops towards 11 or 10. (imo)


SoFi (SOFI) is a good one in the 7$ range. They are new , a banking company, and could be explosive growth in a few years. Buying some sofi in little chunks here and there if it stays around 7-10 could be a good long term plan. Its risky but could grow a lot.


Vacasa (VCSA) is a kind of vacation rental company similar to air-bnb (but different). They are extremely risky and extremely volatile, but in the 7's i think its a good deal.


Newegg (NEGG) the computer online store that you order hard drives and pre builts from is trading at a dollar a share. Theyre in trouble but you could try and buy some for a dollar and hope it goes up to a buck fiddy and sell.. LOL


just a few random thoughts this AM
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I just got a 3-month CD at 5.4 percent the other day. It's not going to make me rich, but it's a darn good place to park money while these rates last. Then I can figure out where to put it long-term at my leisure.
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Yeah, but that kind of thing is for men who dive off cliffs and hunt with crossbows and flirt with women. I'm a humble gatherer who never travels far from my financial village.
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Take stupid shit like TSLY off the list.

It's -11% year to date in total return, -22% in 6M return. A fucking dog. Dividends do not matter if your capital is being sunk by a stock moving in the wrong direction!
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It's a little ironic you use that Warren Buffett quote referencing some funds that are not actual companies.

I have nothing against TSLY and similar investment funds, I just don't really understand them and the risk. Buying stocks, options, shorting stocks all make sense in terms of what could go wrong that would cause one to lose a lot of money. I Have no idea on what scenario would result in TSLY completely tanking? Does the fund manager basically bet on the stock going one direction and if it goes the other direction that would be worst case scenario?
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I was hoping you might answer the questions on the risk of TSLY. If you are talking about Tesla itself booming over the next 5 years, why not just invest in TSLA? How does TSLY share price or dividend payout grow or diminish? As long as Tesla grows is TSLY guaranteed to have more success? If Tesla tanks, does TSLY tank worse or does TSLY still make money because maybe they might be betting on TSLA to tank at that point in time?
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From the looks of it, they also sometimes dive into water that's 3' deep and then brag about how great the food is at the hospital.
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