AI
Moderator: Global Moderator
AI
I love the PP/GB and 95% of my money goes there. But I am also a big believer in AI. AI will rule the world. And because in AI there is a known fact that the party who is in front will stay in front (and increase the lead) the obvious pick would be $GOOG.
So my strategy is: wait for the NASDAQ to drop like 20% and buy GOOG.
What do you think?
So my strategy is: wait for the NASDAQ to drop like 20% and buy GOOG.
What do you think?
- dualstow
- Executive Member
- Posts: 14292
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
- Contact:
Re: AI
Well, I am heavily into GOOG and GOOGL in that these shares constitute more than 11% of my individual stocks. I didn't intend to hold so much, but after selling once or twice, I decided to hold on.
The shares have really taken off and in this age of letting the share price "Berkshire Hathaway" its way up to US$200 or $1000 instead of doing stock splits, it's harder to trim a stock like Alphabet (GOOGL).
As anyone can tell you, I have held on for the most horrible of reasons.
But I also believe in the company and see no reason to sell unless one day I want to roll it into the total stock market.
Nvidia is also a good way to invest in AI (and in Bitcoin, without actually buying bitcoin).
When I saw your subject title, I thought this was going to be about roboAdvisors.
The shares have really taken off and in this age of letting the share price "Berkshire Hathaway" its way up to US$200 or $1000 instead of doing stock splits, it's harder to trim a stock like Alphabet (GOOGL).
As anyone can tell you, I have held on for the most horrible of reasons.
But I also believe in the company and see no reason to sell unless one day I want to roll it into the total stock market.
Nvidia is also a good way to invest in AI (and in Bitcoin, without actually buying bitcoin).
When I saw your subject title, I thought this was going to be about roboAdvisors.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
- europeanwizard
- Executive Member
- Posts: 171
- Joined: Sun Jun 04, 2017 4:06 am
- Location: The Netherlands, Europe
Re: AI
Well done, I need to buy a few shares as well. But since this is the variable portfolio I wait for a dip :-)dualstow wrote: ↑Sat Jan 11, 2020 1:54 pm Well, I am heavily into GOOG and GOOGL in that these shares constitute more than 11% of my individual stocks. I didn't intend to hold so much, but after selling once or twice, I decided to hold on.
The shares have really taken off and in this age of letting the share price "Berkshire Hathaway" its way up to US$200 or $1000 instead of doing stock splits, it's harder to trim a stock like Alphabet (GOOGL).
As anyone can tell you, I have held on for the most horrible of reasons.
But I also believe in the company and see no reason to sell unless one day I want to roll it into the total stock market.
Nvidia is also a good way to invest in AI (and in Bitcoin, without actually buying bitcoin).
When I saw your subject title, I thought this was going to be about roboAdvisors.
Re: AI
Yeah, Tesla is another potential wins-it-all.europeanwizard wrote: ↑Sun Jan 12, 2020 1:24 amIf you believe in AI, then what about Tesla?
I, for one, welcome our new self-driving overlords.
Re: AI
I think Tesla will do or not do well based on how good its cars are. I don't see them as having any particular advantage vs. the other large auto manufactures, particularly now. Pretty much all these companies are all in on electric...of course like any sector some are better than others
Re: AI
Tesla is a software company that makes cars. That might make a difference.
Re: AI
What's funny is that by investing in a total market fund, you have huge meta exposure to AI thanks to all the algorithmic trading.
That aside, you can always hold the tech heavy NASDAQ index. It's not specifically AI targeted, but it's probably the lowest cost way of getting strong exposure.
Also, I hate to be "that guy", but there's probably nothing anybody on this forum can surmise about AI that isn't already priced into the market.
That aside, you can always hold the tech heavy NASDAQ index. It's not specifically AI targeted, but it's probably the lowest cost way of getting strong exposure.
Also, I hate to be "that guy", but there's probably nothing anybody on this forum can surmise about AI that isn't already priced into the market.
DITM
www.allterraininvesting.com
www.allterraininvesting.com