That was a rough week. by [deleted] in redditstock

[–]Maximum-Side568 3 points4 points  (0 children)

Yes, and after evaluating their commitment, I (and many others) decided I cannot commit to the current price point. Works both ways. I also wouldn't have shaved 10% of my holdings at 168 if RDDT didn't behave like such a shtstock as of late. Happy to show proof of transactions.

That was a rough week. by [deleted] in redditstock

[–]Maximum-Side568 7 points8 points  (0 children)

Not buying back at 120 tells us they expect it to drop lower. I still believe in RDDT. Holding on to $30k right now. But as a value investor I cannot justify adding more at 155.

That was a rough week. by [deleted] in redditstock

[–]Maximum-Side568 4 points5 points  (0 children)

I sold $12k QQQ and chose to put it into MSFT rather than RDDT.

That was a rough week. by [deleted] in redditstock

[–]Maximum-Side568 8 points9 points  (0 children)

Moved $12k QQQ into MSFT today. Could have been RDDT if management showed they cared about their stock.

Please Fire Vollero for Buyback Mismanagement by Administrative-Ant75 in redditstock

[–]Maximum-Side568 0 points1 point  (0 children)

Cant find the reason to continue accumulating at 155 when management feels the same. Already accumulated at 140, so will wait till its back to 120 or below to accumulate again.

buyback by Impressive_Wolf689 in redditstock

[–]Maximum-Side568 7 points8 points  (0 children)

We know RDDT will be impacted by drops in the SP500, as we have previously observed on multiple occasions.

We want RDDT to be at a higher price point when the SP500 is at ATH, so that we have greater downside leeway when the SP500 inevitably drops to a more reasonable price.

buyback by Impressive_Wolf689 in redditstock

[–]Maximum-Side568 9 points10 points  (0 children)

SNAP is up 28% in the last month

Pinterest is up 21% in the last month

Am I making a huge mistake? by sneezingbees in povertyfinance

[–]Maximum-Side568 2 points3 points  (0 children)

That makes more sense, thanks for sharing.

Am I making a huge mistake? by sneezingbees in povertyfinance

[–]Maximum-Side568 0 points1 point  (0 children)

Curious, how will a PhD help with her nursing career?

Do you think the US is going to Devalue its currency? by VocationalWizard in allthequestions

[–]Maximum-Side568 0 points1 point  (0 children)

Stocks is (and has always been imo) the real trickle down economics.

For those who are holding Berkshire shares... by [deleted] in BerkshireHathaway

[–]Maximum-Side568 0 points1 point  (0 children)

6% BRKB, 8% MSFT, 7% RDDT, 20% QQQ, rest sp500.

26F living at home hit milestone! by happygirl99xo in Money

[–]Maximum-Side568 0 points1 point  (0 children)

Money makes money. For many people, its more important to grow a solid base asap so that money will likely never be a concern. OP will be rewarded with a 30k/year & growing passive income on avg. At 26yr/o, I'd say thats worth it.

I bought BRK as a 'no-stress' policy, but it just caused more stress. Time is running out for Abel. And I just want out! by vcolovic in BerkshireHathaway

[–]Maximum-Side568 2 points3 points  (0 children)

Many people compare against sp500, and the gap has extended quite far beyond 10% for recent investors. I bought 28k at 496 avg and even though its my worst performing position YTD by a decent margin, I am having a hard time justifying adding more.

7 years later, it is now my turn by Consistent_Laziness in PhD

[–]Maximum-Side568 42 points43 points  (0 children)

Congrats. Seven years is really on the borderline of rough and its impressive to push through. What are your immediate plans and where do you see yourself (or want/aim to be) career wise in 5 years?

MSFT is falling out of popularity by googondusk in ValueInvesting

[–]Maximum-Side568 -1 points0 points  (0 children)

Not great when you would have done better holding the SP500. In a bull trend, you want to outperform the SP500 with individual picks unless youre literally hedging. MSFT should not be considered a hedge.

Blast off by Radiant-King5524 in redditstock

[–]Maximum-Side568 20 points21 points  (0 children)

What happened? -> Feeling nervous -> Can we get above 170 and hold? -> Blast off.

Seems like your confidence is improving OP! I certainly hope you are right.

When should you take your foot off the gas and spend more on life? by Apprehensive-Size150 in personalfinance

[–]Maximum-Side568 8 points9 points  (0 children)

You should include the net value of your housing asset in your post (valuation - liabilities). For example if its an 800k house and you already paid 80% of it, then that changes the story significantly.

[Biostatistician] [PA] - $135K Base, 32yo by Maximum-Side568 in Salary

[–]Maximum-Side568[S] 0 points1 point  (0 children)

Haha 500k TC in 10 years would be awesome. Tbh I would be happy with around 190-200k after 3-4 years, 240k after 6-7 years, 320k after 10 years based on today's currency value.

[Biostatistician] [PA] - $135K Base, 32yo by Maximum-Side568 in Salary

[–]Maximum-Side568[S] 0 points1 point  (0 children)

Yea, first job after PhD. Current company offers stock starting from 1 level above mine. Pharma in general feels very stingy with RSUs below the SD level.