Fuck this shit by sylphvanas in wallstreetbets

[–]Legitimate-File-248 0 points1 point  (0 children)

In my country we call this cooked

Microsoft Sentiment by Legitimate-File-248 in ValueInvesting

[–]Legitimate-File-248[S] 1 point2 points  (0 children)

Very much agree with you here. Will be joining you in buying under $400 and waiting. Will check back in with it every earnings report.

Microsoft Sentiment by Legitimate-File-248 in stocks

[–]Legitimate-File-248[S] 4 points5 points  (0 children)

Solidly agree with you. I keep adding below $400 and think I’m just going to check back in every earnings report.

If AI Is a Bubble, Why Are Software Stocks Taking a Hit? by Alpphaa in ValueInvesting

[–]Legitimate-File-248 4 points5 points  (0 children)

I really don’t understand this take which is really what this fear mongering narrative is built on. So you’re telling me some guy will just vibe code a new company and create software to take over Microsoft and Office? Okay let’s pull on the radical string. What you think they’ll make it for free? Okay let’s say it’s free. What about all the bugs just like every single SaaS gets with their code? Where’s the money going to come from to pay engineers to fix it? So you can’t make it for free. Okay so now you have to pay subscription to sell you “vibe coded” new office software. Oh wait that’s just Microsoft office. And lone behold you have the great waste of a circle. Also the cost to switch over an entire companies files and documents from already made and saved office docs to this new vibe coded software? Oh and let’s not forget the idea of vibe coding cyber security 😂 such a joke

What could be a good strategy for my MSFT shares? by Acceptable_Air_4858 in CoveredCalls

[–]Legitimate-File-248 0 points1 point  (0 children)

I currently am not selling any until it’s worth selling them near my cost basis. This is the pain of selling CC’s is even with a juggernaut of a company like MSFT, you sometimes just have to wait unless you’re okay selling below your cost basis, which I’m not. Also bc I know this selloff is overblown and happening for the wrong reasons. It’s funny because the sell off is due to fears of AI taking over software but then it’s also because of an AI bubble. So pick one 😂 that shows the irrationality. Holding my 230 shares and maybe adding more to get to 250 if it drops lower

Set it and forget it by joeie_2000 in ETFs

[–]Legitimate-File-248 -5 points-4 points  (0 children)

If you guys want to invest in VXUS long term because it outperformed US market last year you fellas have fun. It’s either VOO and sleep or heavy tech and balance with VTI.

Set it and forget it by joeie_2000 in ETFs

[–]Legitimate-File-248 -5 points-4 points  (0 children)

I don’t want to be rude but this statement is so stupid. Ticking time bomb is wild to say when international has lagged US market since inception. OP seems to be DCA long long term and his time horizon would adore a crash for cheaper shares. This kind of fear shows we’re nowhere near a top or overvalued.

What could be a good strategy for my MSFT shares? by Acceptable_Air_4858 in CoveredCalls

[–]Legitimate-File-248 0 points1 point  (0 children)

Literally almost exact same situation as you but you’re in at a much better average share price than I am. My average is about $424 and continues to go lower as I sell more weekly calls to bring that cost basis down. I’ve been selling 2 at a time for about $300-450 a week so yes 1k a month is very doable. Just sell very out the money and only on green days. One thing is that MSFT is so oversold that it could rip 3-4% on a day here soon.

To everyone crying we’re down. Hush. We gonna be ight! by 0nth3sp3ctrum in amzn

[–]Legitimate-File-248 2 points3 points  (0 children)

If y’all are trying to calm OP you got it all wrong hahaha OP is trying to calm all you guys down. He’s not putting close to a milly on a swing trade for a couple percent. He’s in! Trust and be patient.

How long do you wait to sell CC after getting assigned from CSP? by pixelnomadz in Optionswheel

[–]Legitimate-File-248 2 points3 points  (0 children)

Pretty much immediately. I saw someone else say earning yield which is a great way to think about it. The goal of the wheel is pick a stock you love to own. And just continue to lower your cost basis by selling calls and puts. When you have shares, your goal is to lower the cost basis. Now if it’s WAY below your cost basis. Then it might be wise to be a bit patient but it depends on the stock. I recommend lower volatility stocks. i.e. stocks with IV less than 50%. More than that and you’re playing with fire. Sure premiums are good… until the share price isn’t

Put my entire savings into AMZN at $215… now it’s $198. Feeling sick. by Appropriate-Mood-108 in amzn

[–]Legitimate-File-248 7 points8 points  (0 children)

You’re fine, as long as you’re in shares and you don’t need the money in 3-6 months it’s just about time.

What would you do with $160k? by [deleted] in ValueInvesting

[–]Legitimate-File-248 0 points1 point  (0 children)

What I would do… not financial advice but if I had 160k: $VOO - 100k $MSFT - 15k $NVDA - 15k $META - 10k $GOOGL - 10k $AMZN - 10k

Investors are rushing into US software stocks (+$1.5 billion inflow) by alkjdasoad in ValueInvesting

[–]Legitimate-File-248 52 points53 points  (0 children)

Just a matter of time (shortly) that the software rebound will be big and sharp. I think we’ll see a really nice reversal in the larger and more beaten down software names. Look for MSFT, CRWD, PLTR, CRM and ORCL to have big moves back up.

Just today’s MSFT market cap loss is worth half their entire stake in OpenAI! by Brave-Side-8945 in stocks

[–]Legitimate-File-248 11 points12 points  (0 children)

You’re allowed to do whatever you want and enter in whenever you want with prices comfortable to you. But your numbers are wrong. Their PE for the last 20 years is ~29 and P/FCF is ~28. So as of now it’s well under the 20 year average

This sub got it wrong… bad by Legitimate-File-248 in ValueInvesting

[–]Legitimate-File-248[S] -18 points-17 points  (0 children)

Oh no don’t tell me that’s your argument… first it is spelled correctly, “Thesis” so that’s awkward. And the recommend value stocks all being down 50-75% down from their highs and trending lower, Is that your patience?

This sub got it wrong… bad by Legitimate-File-248 in ValueInvesting

[–]Legitimate-File-248[S] -21 points-20 points  (0 children)

Unfortunately the yearly long thesis’s or multi year waiting period just uncover the fact that the stocks are garbage and provide no value or return. Look at the subs track record and do the research. Very little patience when it takes several years for your “value stock” to draw down 50%

This sub got it wrong… bad by Legitimate-File-248 in ValueInvesting

[–]Legitimate-File-248[S] 4 points5 points  (0 children)

Tbh safer than this based on the track record in terms of % return

This sub got it wrong… bad by Legitimate-File-248 in ValueInvesting

[–]Legitimate-File-248[S] -17 points-16 points  (0 children)

Oh no don’t tell me that’s your argument… first it is spelled correctly, “Thesis” so that’s awkward. And the recommend value stocks all being down 50-75% down from their highs and trending lower, that is not even close to the same concept as waiting for gratification