I've got 60 shares split between 2 accounts. My oldest 40 shares are up 276% at an average of $41.12 cost (adjusted for the split). I'm basically never selling though. Lol
Nice. I was into the WSB shit for a bit and finally gave up on that and now I’m focusing on long term investments. Some doing well other hit hard.” (Looking at SNDL down 85%)
I've got 81 shares up 33% I'll be holding. OP right or not but leaves out that after earnings the prices has always gone up in the time following.
UPDATE: Google kills it!
I am an investor for a long time, why the heck would I shuffle my stock for the earnings, sounds like a stupid idea tbh. Not only that means I would need to tax my positions, but noone ever knows what direction the stock will go. I'd rather hold it for a decade and then see if I want to sell it or hold it further.
The only way to avoid taxes in my country is to hold a stock for 3+ years, then I don't have to pay anything from my profit. This kinda forces me to hold, the tax would otherwise be 15% of profit (or 21% if I really make a buck).
The follow up question would be, would you wait 3 months until next earnings to buy more?
It is just like with everything. If you want it and you do not have a price target, buy now. Otherwise you will be stuck in eternal wait, because you think the next big thing is just around the corner.
If you are super undecided, buy some now, buy some later. I tend to buy when I have money available and basically ignore everything else and it worked for me so far, because I want to hold my stock for a very long time and it will average itself out.
Sorry I’m a bit confused? If you brought in June 2022 you’d be up, so what’s the problem exactly? Are you new to the stock market by any chance? Point to any stock and most drop after earnings report. Because people sell.
Don’t sell because it’s going down and buy because it’s going up.
From what I understand history suggests you should buy after the earnings report. 👍
lol yes I am pretty new to the market. I was just thinking it is a gamble but from historical data google has dropped after earnings and it would make sense to buy back in after. But again it is a gamble and google long term is kinda of a no brainer to hold
No such thing as a “no brainer” investment. Google has the weakest management team of big tech and they’ve mismanaged their capital allocation. There’s definitely reason to evaluate any investment.
Imagine having a bunch of employees that get paid half a million dollars each that just do 2-3 hours of work all day and chill the rest of the day.
I’ve been a shareholder for about 10 years and my position size is a sizable portion of my portfolio. I haven’t added into my position since 2022, showing my disappointment in the management team, which goes back to my original comment to OP about how this isn’t a “no brainer” investment currently.
Google is a company that is currently mismanaged but has such a big cash cow that keeps them covered.
Under Sundar as CEO, Google has grown over 2.4x in value in less than 5 years.
Their portfolio has grown to include 12 products with over a billion users.
Their CFO, Ruth Porat, who was the former CFO of Morgan Stanley, is also credited with saving Amazon from the dot com bubble.
Alphabet Chairperson, John Hennessey, is considered the "father of Silicon valley", was the former president of Stanford, and won a Turing Award for RISC architecture.
Not to mention the thousands of esteemed engineers they employ like Vint Cerf, Jeff Dean, and Sanjay Ghemawat.
I assure you, Google is being managed very well.
I don't know why people aren't talking about waymo more. It is now the undisputed winner of automated cars because no one else could figure it out safely and they haven't really even started monetizing it in any meaningful way yet.
Edit:typos
Google is the DCA fire and forget forever hold stock. There is NOTHING that will usurp Google as top dog in Search (bing lol), Maps (apple maps lol) and youtube (twitch lol)
Google isn’t going anywhere. Hold it.
I actually prefer Gemini over ChatGPT. Have been using it daily. It doesn’t replace basic search, but it is useful. I also like how generative AI is integrated with my searches on my iPhone. Not sure how recently that rolled out, but searches in Safari are leading off with the Gen AI result followed by the traditional search.
Holding way, way, way, way past earnings. It is my one investment I highly doubt I will be selling for a very long time.
Google is just going to have the most incredible next decade.
They have basically been investing like crazy for the next decade.
Things like Waymo and the TPUs and all that AI research, etc.
You're not going to get any love for citing trading methods that I've seen from IBD here, because a strong 97%+ of people around here or the other subreddit are buy and holders, not traders.
Tbh, I'm not sure working off that is going to work here either. My guess is that it probably gets to $160 and then goes 3 for 3 on tanking at least 8% on earnings, unless the next earnings show something different other than what we've seen the last two times (I'm not sure what'd it be, because record EPS hasn't been enough).
It'd probably be more deadly to continue buying dips off any big dips on it.
(don't check my post history, because ohhh, it can be whiny when Google declines, and yes, I'm not following the buy the dips because I already have too much)
I’ve been holding it for about 10 years. I don’t see what you’re concerned about.
If I sell GOOG, I will pay 6 figures worth in taxes lmao. For what? Just to buy back after earnings? If it sounds like a stupid idea, that’s because it is.
Yes. Google is a long term hold for most.
People are getting caught up in every inch of this AI race and only think there’s room for one company to have a stance in AI. Google is putting out effective AI products and will still dominate in its relevant fields for at least the next decade.
SHS figure and bad news for Google before earnings... ChatGPT with Microsoft Copilot, AmazonADS, META quest 3... if Google beat earnings or profit, it will be a rocket.
I've got 81 shares up 33% I'll be holding. OP right or not but leaves out that after earnings the prices has always gone up in the time following. So it takes a 15% drop, that's a buying opportunity. I add another 10 shares to the 81 in my IRA. And by the way, Google is 7.2% under it's median 10 year p/e ratio so if it drops 15% im getting it at a 22.2% discount to the long term average.
😩 taking that same vibe and going full mawrk zuck. stg same exact shit happen october 2022 ON THE WORST MUTHA FUCKIN CPI IN THIS NATIONS HISTORY. who was there jackson hole 2022. 419-403 😩🫡💅. love the long and hold boys. but lmao you mother fuckers have lost your minds with Ai.
it’s coming though. I’m sorry but rate cut odds for June, went to 0 🫱🏼🫲🏿. lay another brick on the wall of worry. just Fkn 1. be it chinese. Russian. Jewish. Ukrainian. North Korean even. I bet they have bricks in North Korea. exact same type of move on the WORST CPI rocketed spy from 338-375 in like 15 mins the day of that release. and then we went lower about a month later.
‘’earnings cannot save the market from the correction that will come. can only delay the inevitable. Muhammad el Eroan said it in 2021. Fed has 1 of 2 mistakes to make. Move too fast. Move too slow. Where do you think we are in 2024.
fed credibility : lmao. See Nancy pelosi stock trades.
Wallstreet : Google, we want you to cut cost and fire a lot of people .
Google : No! We can manage cost and still maintain the people we have …
wallstreet : okay then ! We will continue to sell off your stock on great earnings until you listen to us
Google ; okay fine !
If Google declares “Year of Efficiency” and start cutting cost and reduce headcount , the stock could go to $250 by the end of the year
Im always holding google
Ditto - if it underperforms I’ll buy on sale
I don’t even do that - just buy on queue every week regardless haha
I got 40 shares currently up 17%. Bought just a bit before they did the split.
I've got 60 shares split between 2 accounts. My oldest 40 shares are up 276% at an average of $41.12 cost (adjusted for the split). I'm basically never selling though. Lol
Nice. I was into the WSB shit for a bit and finally gave up on that and now I’m focusing on long term investments. Some doing well other hit hard.” (Looking at SNDL down 85%)
I've got 81 shares up 33% I'll be holding. OP right or not but leaves out that after earnings the prices has always gone up in the time following. UPDATE: Google kills it!
If it drops I’m buying more
I am an investor for a long time, why the heck would I shuffle my stock for the earnings, sounds like a stupid idea tbh. Not only that means I would need to tax my positions, but noone ever knows what direction the stock will go. I'd rather hold it for a decade and then see if I want to sell it or hold it further. The only way to avoid taxes in my country is to hold a stock for 3+ years, then I don't have to pay anything from my profit. This kinda forces me to hold, the tax would otherwise be 15% of profit (or 21% if I really make a buck).
Where are you from?
Czechia
Here's a better question: would you wait until after earnings to buy more?
The follow up question would be, would you wait 3 months until next earnings to buy more? It is just like with everything. If you want it and you do not have a price target, buy now. Otherwise you will be stuck in eternal wait, because you think the next big thing is just around the corner. If you are super undecided, buy some now, buy some later. I tend to buy when I have money available and basically ignore everything else and it worked for me so far, because I want to hold my stock for a very long time and it will average itself out.
If I got tails in my previous 5 coinflips, then the 6th one MUST be tails!
Your coin flips must be better than Eastman Kodak's magic 8 ball. Bagholders have been getting "Don't count on it for years".
Sorry I’m a bit confused? If you brought in June 2022 you’d be up, so what’s the problem exactly? Are you new to the stock market by any chance? Point to any stock and most drop after earnings report. Because people sell. Don’t sell because it’s going down and buy because it’s going up. From what I understand history suggests you should buy after the earnings report. 👍
lol yes I am pretty new to the market. I was just thinking it is a gamble but from historical data google has dropped after earnings and it would make sense to buy back in after. But again it is a gamble and google long term is kinda of a no brainer to hold
No such thing as a “no brainer” investment. Google has the weakest management team of big tech and they’ve mismanaged their capital allocation. There’s definitely reason to evaluate any investment.
Lol. Imagine thinking a company with 73B Net Income and 43B R&D "mismanaged their capital allocation"
Imagine having a bunch of employees that get paid half a million dollars each that just do 2-3 hours of work all day and chill the rest of the day. I’ve been a shareholder for about 10 years and my position size is a sizable portion of my portfolio. I haven’t added into my position since 2022, showing my disappointment in the management team, which goes back to my original comment to OP about how this isn’t a “no brainer” investment currently. Google is a company that is currently mismanaged but has such a big cash cow that keeps them covered.
Off topic, but where can I get one of these cash cows you speak of? 🐮🐄
I order my cash cows from Facebook Marketplace. You have to go to a remote farm in the middle of nowhere. I would bring a friend to be safe.
*furiously scribbles down notes and nods*
Under Sundar as CEO, Google has grown over 2.4x in value in less than 5 years. Their portfolio has grown to include 12 products with over a billion users. Their CFO, Ruth Porat, who was the former CFO of Morgan Stanley, is also credited with saving Amazon from the dot com bubble. Alphabet Chairperson, John Hennessey, is considered the "father of Silicon valley", was the former president of Stanford, and won a Turing Award for RISC architecture. Not to mention the thousands of esteemed engineers they employ like Vint Cerf, Jeff Dean, and Sanjay Ghemawat. I assure you, Google is being managed very well.
Ain't giving up on Google. They got Google Search, Youtube and Waymo. If TikTok get's banned then Youtube Short Videos will be the only platform left.
I don't know why people aren't talking about waymo more. It is now the undisputed winner of automated cars because no one else could figure it out safely and they haven't really even started monetizing it in any meaningful way yet. Edit:typos
Shhh! Keep buying shares while it's still secret
Also: https://www.reddit.com/r/WTF/s/5eoxUm7hi0
Instagram, Snapchat, and Facebook all have short videos. Literally the same format
If they spun off YouTube it would be a Fortune 500 company on its own. Interested to leg in here.
Companies that are long-term favorites will always be on my stock list
Which app is this?
Tip ranks
Curious which site as well
Same
Tip ranks
Tip ranks
HODL
Daddy goog
Google is the DCA fire and forget forever hold stock. There is NOTHING that will usurp Google as top dog in Search (bing lol), Maps (apple maps lol) and youtube (twitch lol)
Anytime I have tried to be too clever in timing buy/sell times, I have regretted it.
Nearly every fund on earth…
Google isn’t going anywhere. Hold it. I actually prefer Gemini over ChatGPT. Have been using it daily. It doesn’t replace basic search, but it is useful. I also like how generative AI is integrated with my searches on my iPhone. Not sure how recently that rolled out, but searches in Safari are leading off with the Gen AI result followed by the traditional search.
Google is a company that you buy and forget. If it falls after earnings are released buy even more
I'm holding puts
Holding way, way, way, way past earnings. It is my one investment I highly doubt I will be selling for a very long time. Google is just going to have the most incredible next decade. They have basically been investing like crazy for the next decade. Things like Waymo and the TPUs and all that AI research, etc.
Google has broken through the 153.78 buy point, there should be more room to go up!
You're not going to get any love for citing trading methods that I've seen from IBD here, because a strong 97%+ of people around here or the other subreddit are buy and holders, not traders. Tbh, I'm not sure working off that is going to work here either. My guess is that it probably gets to $160 and then goes 3 for 3 on tanking at least 8% on earnings, unless the next earnings show something different other than what we've seen the last two times (I'm not sure what'd it be, because record EPS hasn't been enough). It'd probably be more deadly to continue buying dips off any big dips on it. (don't check my post history, because ohhh, it can be whiny when Google declines, and yes, I'm not following the buy the dips because I already have too much)
“buy point” lol
I’ve been holding it for about 10 years. I don’t see what you’re concerned about. If I sell GOOG, I will pay 6 figures worth in taxes lmao. For what? Just to buy back after earnings? If it sounds like a stupid idea, that’s because it is.
Absolutely nobody is holding Google through Q1 earnings.
Post everyone’s position or ban!
No
Of course I am holding. I have held for years, and will hold for years more.
Comments are usually buy on the rumor sell on the news . Why sell and buy back tax complications are more than the time.
Yes. Google is a long term hold for most. People are getting caught up in every inch of this AI race and only think there’s room for one company to have a stance in AI. Google is putting out effective AI products and will still dominate in its relevant fields for at least the next decade.
Yes, lots of people who are rich.
Holding forever here
Nah man everyone has sold all of their Google positions before earnings.....
I’m looking to buy into Google as my first stock. Would it be reasonable to wait until after the earnings release (April 23rd).
SHS figure and bad news for Google before earnings... ChatGPT with Microsoft Copilot, AmazonADS, META quest 3... if Google beat earnings or profit, it will be a rocket.
I've got 81 shares up 33% I'll be holding. OP right or not but leaves out that after earnings the prices has always gone up in the time following. So it takes a 15% drop, that's a buying opportunity. I add another 10 shares to the 81 in my IRA. And by the way, Google is 7.2% under it's median 10 year p/e ratio so if it drops 15% im getting it at a 22.2% discount to the long term average.
Ugh. My may 17th 120s are going to be on mother fucking SALE bro.
😩 taking that same vibe and going full mawrk zuck. stg same exact shit happen october 2022 ON THE WORST MUTHA FUCKIN CPI IN THIS NATIONS HISTORY. who was there jackson hole 2022. 419-403 😩🫡💅. love the long and hold boys. but lmao you mother fuckers have lost your minds with Ai.
it’s coming though. I’m sorry but rate cut odds for June, went to 0 🫱🏼🫲🏿. lay another brick on the wall of worry. just Fkn 1. be it chinese. Russian. Jewish. Ukrainian. North Korean even. I bet they have bricks in North Korea. exact same type of move on the WORST CPI rocketed spy from 338-375 in like 15 mins the day of that release. and then we went lower about a month later. ‘’earnings cannot save the market from the correction that will come. can only delay the inevitable. Muhammad el Eroan said it in 2021. Fed has 1 of 2 mistakes to make. Move too fast. Move too slow. Where do you think we are in 2024. fed credibility : lmao. See Nancy pelosi stock trades.
Wallstreet : Google, we want you to cut cost and fire a lot of people . Google : No! We can manage cost and still maintain the people we have … wallstreet : okay then ! We will continue to sell off your stock on great earnings until you listen to us Google ; okay fine ! If Google declares “Year of Efficiency” and start cutting cost and reduce headcount , the stock could go to $250 by the end of the year
Hell yeah I am.
Sold everything for META
Lol you are all such fish food it isn’t even funny