Ghost of Igloi wrote:
https://twitter.com/jessefelder/status/1327646989262184449Of the 2000 leaders only MSFT and WMT achieved new highs in this cycle. GE, INTC, and CSCO delivering negative returns from their 2000 highs. I assume an equal weight basket of those five would be negative since 3/31/2000. I could see a similar scenario play out for a basket of the current fab-five over a 20 year period starting 9/30/2020.
Look at the charts of INTC and CSCO. What one comes away with is a an generally upward projection with a very unusual spike around 1998 to 2000. The years of "irrational exuberance" and that is reflected in the chart. But overall the stocks have done well and an investor would have been rewarded handsomely on most any purchase since 2000.
WHat i gather from this is this: don't place all your eggs in one basket. Build your positions, whether it be by dollar cost averaging or whatever works for you.
Iggy, you lose credibility simply because you cherry pick dates on which to support your very biased views. That is not representative of how hardly anyone invests in real life. If that's the rep. you want to be known by, bludgeon on. But if you want to be taken seriously, how about using more widely accepted standards like 5 year reutrns, 10 year returns, 20 year returns, or performance relative to a standard like an index or total stock market.