IBM

Dull_Cranberry_5139

Yall notice the market is pinned to the $0.25 +/- in prep for FOMC tomorrow? SPY: 660.00 MSFT: 509.04 AMZN: 234.05 GOOG: 253.42 WMT: 103.42 AAPL: 238.15 TSM: 262.06 IBM 257.52

No2reddituser

No, ... No, the transistor replaced tubes. Have you ever used an IBM 360? The only word processing you're doing is making the punch cards. Why this matters? Your time frame from the first tube computer (ENIAC) to large mainframes using integrated circuits is about right. Much of this was driven by the motivation to use transistor technology and integrated circuits for other application. You seem to think the passage of time will solve all technical problems, make any idea technologically viable and useable. Not always the case. I am somewhat familiar with the company IONQ mentioned in the OP. They were claiming to have the fastest quantum computer back in 2018. Yet, they are still searching for a market and investment capital and have a big turnover.

Extra_Progress_7449

CPU replaced Tubes....in essence, IBM System/360 Model 30

Intelligent_Lemon685

Fokin’ IBM

Thisispaartaaa

IBM

ghostalker4742

> Who is going to buy the services they're producing with AI... They're trying to get AI to manage B2B transactions, and you can bet that IBM and Oracle are at the frontline of this effort. That will cause a significant portion of white collar workers to end up unemployed. Nobody needed to manage logistics, intake/outflow, QC, etc. The capital expense to implement this will be offset by the payroll savings from laying people off.

BudTugglie

3 articles in the Yahoo business RSS feed yesterday. 2 were on IBM!

glyptometa

Wow, given the strength in markets over the last 13 years, it would take dedication to choose 10 mutual funds and end up with losses. You'd think a monkey throwing darts would be up. Surprised a margin loan wouldn't have been called Up to you whether you want to support him if he loses it all. You're 27 and projecting a life of leisure after early 40s, so it sounds like you have the headroom to support him if it comes to that, and you care to do so. I trust inheritance is not part of that plan Anyway, aside from answering questions or providing advice when/if he asks for it, let it go. My dad had massive conviction on silver, and believe it or not, preferred physical. We had to dig up his yard, crawl around the attic, and use a stud finder to find it. The references to hiding places in his will were a bit cryptic almost like riddles, but fun in a very strange way for my brother and I. No doubt we missed some. We also found his records on an IBM PC which included an 18-page Craps strategy, and a record of how much bankroll he would take to Vegas and how much he came home with each time. He mostly paid for those road trips, so good for him! He was an engineer and loved mathematics. People are weird. Hopefully you have enjoyable topics and activities aside from finance and gambling

BudTugglie

One article on IBM out of less than a dozen total articles each day for a month is fishy.

visiblePixel

\>Nvidia is trading at 50x earnings, even though we can clearly see big tech pivoting away from Nvidia into custom chips from Broadcom. Nvidia was a temporary solution for big tech to quickly pivot and scale quickly, not a company they will depend on long term. Where did you get this info ? this is not true at all... inference and training are not the same thing. There is almost no competition to cuda. And training is not one time thing. \>Broadcom, while they have a lot of potential, trades at 92x earnings. check forward PE. As I am saying earnings they are keeping up with the valuations. but they are ofc slower. Why? check money supply again. Where do you think the money goes ? \>Oracle trades at 67x earnings based on speculation of a $300 Billion contract that depends on their customer's ability to raise capital. Additionally, no guarantee that said contract provides high margins. in the bull market there are always that kind of speculations. it is normal. \>Workday trades at a P/E of 87, ServiceNow at a P/E of 117, Applovin a P/E of 83. The products these companies offer are really nothing special. as I said.. highly valued. if the earnings don't keep up they will come down. for sure. \>AMD trades at a P/E of 91 even though they are struggling to compete with Nvidia. again check forward PE (35 ish). And this was one time spending or sth I don't remember what it was currently. \>IBM, known as a dinosaur tech stock, trades at a P/E of 41 obviously you are stuck in the history. they don't sell computers anymore they sell IP , involved in quantum computers, AI and cloud computing. they are keeping up. \>A normal P/E is in the range of 10-20, historically. It is worth noting that P/E can be converted to earnings yield. For example, a 50 PE is an earnings yield of 2%. I doubt you will ever see 15 PE again for any big tech in near future under normal circumstances. Again money supply + inflation + number of investors via HOOD like apps etc .... -> 25 PE is the new 15 PE \>When you factor in the costs, AI has made companies LESS efficient. The cost of paying for huge compensation packages to top researchers, huge capex costs for datacenters, greatly exceed the potential labor costs savings from automation. This is the investment phase. It is totally normal. Everything is new and when something is new it is always inefficient. What I was talking about they are efficient in terms of they need less human power for same job so it is working. More than 30% of googles code written by AI today according to them. And it is just the beginning \>This is based on the flawed assumption that it's necessary to have hundreds of thousands of GPUs to train a competitive ML model. Plenty of researchers have found you can train models for much cheaper. Look at what is coming out of China, where they are forced to make due with less due to export bans. They are building models that trade blows with American products with less than 1% of the compute capacity. I would be very sceptical about the infos coming from china. They were saying deep seek costs only 5M or sth and They did not need many Nvidia GPU. It was ofc bullshit. Believe me they are working with Nvidia GPUs :) They have no other choice.

ahmetahaydemir

I would prefer Ionq over IBM; but LAES definitely a buy and hold

East-Description-243

I’m banking on something scary happening with quantum soon, like some type of security breach or something… just a gut feeling. The nefarious always find a way! IBM and LAES are my bets.

AlexanderK1987

Ahh, this remindes me of IBM's watson 4-5 years ago. Their sales f\*cked up and crashed their reputation.

skilliard7

> I totally agree with you. Stocks are pricy BUT, currently there is no bubble. (other than 2-3 meme Stocks.) It's not just meme stocks like Tesla and Palantir with P/E of 230 and 570. Even quality companies are trading at valuations that greatly exceed their intrinsic value: - Nvidia is trading at 50x earnings, even though we can clearly see big tech pivoting away from Nvidia into custom chips from Broadcom. Nvidia was a temporary solution for big tech to quickly pivot and scale quickly, not a company they will depend on long term. - Broadcom, while they have a lot of potential, trades at 92x earnings. - Oracle trades at 67x earnings based on speculation of a $300 Billion contract that depends on their customer's ability to raise capital. Additionally, no guarantee that said contract provides high margins. - Workday trades at a P/E of 87, ServiceNow at a P/E of 117, Applovin a P/E of 83. The products these companies offer are really nothing special. - IBM, known as a dinosaur tech stock, trades at a P/E of 41 - MSFT trades at 37x earnings. They have given up a lot of their AI growth opportunities by giving up exclusivity agreements with openAI and agreeing to a smaller rev share. A normal P/E is in the range of 10-20, historically. It is worth noting that P/E can be converted to earnings yield. For example, a 50 PE is an earnings yield of 2%. You can get 4.7% on US treasuries risk free. Real estate offers cap rates of 5-7%, with long term capital appreciation as well. **The biggest problem with this is most of big tech is not positioned to produce the high level of earnings growth they have historically:** - Tech historically traded at a P/E of 10-15. Therefore, they could buy back 7-8% of their shares each year, boosting EPS even without boosting profits. With a P/E of 50-100%, that's only 1-2% growth. - Historically tech companies could be scaled and deploy their services to Billions at very little cost, allowing for very high earnings growth without capital investment. However, in today's industry, AI is very expensive. It requires $50+ billion a year in capex to train models that are competitive, and also operates at a loss when providing inference for consumers. - Big tech has laid off most of their top engineers in favor of stock buybacks and AI capex. As a result, there will be a lot less innovation at big tech, which will become evident over the next few years. >On the otherside, earnings and stock prices are aligned in the big tech, they are much more efficient than ever thanks to AI. And they are monetizing it well. When you factor in the costs, AI has made companies LESS efficient. >There is not enough computation capacity for all those companies all around the world, not enough datacenters not enough power to feed them. Thats why, I think it is just the beginning. This is based on the flawed assumption that it's necessary to have hundreds of thousands of GPUs to train a competitive ML model. Plenty of researchers have found you can train models for much cheaper. Look at what is coming out of China, where they are forced to make due with less due to export bans. They are building models that trade blows with American products with less than 1% of the compute capacity.

Redcoat_Trader

You can get a double whammy on IBM…I hadn’t thought of AI, but they’re a sleeper quantum play too.

East-Description-243

More IBM leaps. More LAES shares. Mark my words, quantum encryption is going to be very important soon.

East-Description-243

More IBM leaps. More LAES shares. Mark my words, quantum encryption is going to be very important soon.

Creative_Ad_8338

Intel Nana about to become IBM Nana.

greytoc

Why fishy? IBM is a DJIA component, and there has been a lot of ups and downs with quantum computing which IBM seems to have a good lead on. It seems like just the overly indulgent news about other large caps like Nvidia, Tesla, Intel, etc.

BudTugglie

I’d never let any articles influence my investing. I just find it interesting that out of a dozen or less RSS feed articles each day from Yahoo, at least one has been on IBM for the last month or so. Smells funny...

Hot-Prune-2391

Nvidia, Microsoft and google should be on the list I think. But I agree their valuation won't be all down to their Quantum activities. Love IBM btw you can already access their quantum service on the cloud.

Acceptable-Tax3886

He is not wrong, IMO they are a mini Microsoft. Similar business but IBM is more stable

Sea-peoples_2013

I owned IBM for yrs but sold at 280 because… it was over valued I do not think it has hit truly undervalued status yet

greytoc

What makes you think that these are actual Yahoo Finance articles. I just took a quick look at the IBM news section on Yahoo. It looks like the usual dribble that is distributed on a media news aggregator like Yahoo. It's the usual articles that gets distributed primarily for ad revenue.

_csharp

IBM ai (Watsonx) is shit

AlGAdams

I know about IBM, my wife works for them. I don't believe in the value of quantum computing over classic bucket transistor models.

EngRookie

The AI today is still fake AI buddy. Its just a continuation of the machine learning field that was pioneered by companies like IBM. Who is also leading research on quantum and investing in universities to do so.

No_Storm_7686

IBM is trading at a PE of 40 and their average growth the past 5 years is litterly negative…

pfire777

IBM is for boomers with IBS

Smok3dSalmon

IBM CEO isn’t white, IBM moved plenty of jobs to India, IBM abused H1B, IBM’s past 2 CEOs were dumb as fuck and made terrible decisions, IBM has low/no products that office employees use daily(Msft and Salesforce do), I can’t even remember what IBMs cloud offering is named… is it still BlueMix? Or is that my dogfood brand? Good luck pal. My projection is +420%

inputwtf

IBM was dogshit 10 years ago, I lost money on that stock, I don't understand what has changed to justify it booming like this. They have had Watson for two decades and couldn't get anyone to care, they chased blockchaim like a bunch of morons, and keep promising that their Quantum computer is almost ready, for nearly two decades. I just can't believe people are falling for it

PaperHandsTheDip

is IBM ceo gonna throw insanely outrageous numbers during their next ER's??? ORCL already legged back down 15% from their peak fomo in like 2 days

Frikgeek

>Nobody ever got fired for buying IBM This was supposed to refer to their computers, not their shares. And you can't even buy IBM workstations anymore. And if you really want to gamble on AI before the bubble bursts you're better off getting into highly leveraged positions on big movers, not a ""safe"" blue chip stock that will get hurt by the AI bubble bursting but gets almost no benefits from the bubble still being inflated.

Natural-Antelope8328

Definitely. IBM was nothing but good to me. Solid long term stock. Not to mention the quantum computing part. Initially I bought it as some kind of a hedge for a sudden technological breakthrough scenario.

Richard587

Yes if you actually buy IBM the company instead of stock

LaughAccomplished409

Bill Gates Mom worked at IBM —> Bill Gates smart and make money —> I buy IBM in 2025 make big money too?

SingerOk6470

Isn't IBM a boomer stock? I thought Watson was like the fake AI from 1990s.

Ok-Albatross-3804

$DVLT Small caps are rising now to fed cuts.. made solid money on $OPI and $AIRE..Datavault holds more than 70 issued and pending patents across AI, blockchain, tokenization, and acoustic science, including nine new patent allowances secured in 2025. The company is actively commercializing its stablecoin and tokenization technologies through new digital asset exchanges focused on carbon credits and political advertising. Its partnership network — including IBM WatsonX, NYIAX, Burke Products, Turner Global Media, and LifeGenix Institute — supports market access across defense, healthcare, digital media, and data licensing. The company’s patented audio platforms, including ADIO(R) and SyncIN(TM), enable secure ultrasonic transactions and mobile triggers across broadcast, retail, and streaming environments. With a vertically integrated technology stack and high-margin licensing model, Datavault AI is positioned to scale within the emerging Web 3.0 data economy. GL. Please DD. Blessing and good vibes to all.

EnthusiasmClassic182

IBM next week 🚀🚀

wolf_of_rapestreet

Are you saying IBM might announce massive increases in projected revenue?

Gambler_Addict_Pro

ORCL popped recently. Previous quarter was "weak". IBM had around 6% increase. This quarter might be much better.

Gambler_Addict_Pro

I'm at work and I don't have time to find best price for calls. I think IBM will catch up the AI craze and might pop like ORCL. The only call (LEAP) that seemed similar was DEC-2027 $155.

Richard587

Ikr? IBM is where Bill Gate's mom used to work

wolf_of_rapestreet

Like...the market did not notice IBM?

martinki11

LULU is NOT the next UA. UA became a former shell of itself due to many things such as failed marketing, poor quality, lagging trends, and poor decisions on not to sign athletes. I may be bearish on LULU however to call them the next UA is like calling Microsoft the next IBM.

Smart-Customer7503

P/E 40+ for an "undervalued AI stock" Idk man, this one feels like a good play, but I just can't in good conscience jump into IBM for an AI play when NVDA has much higher potential for the same value.

Richard587

IBM shares? sir here we don't invest, we gamble

Business_Raisin_541

Too expensive. As far as I remember, both IBM and Apple is purchased at PE ratio 10 something. ASML never drop that low

SignificanceNo3295

IBM

narrowant341

AMD and IBM made an announcement on quantum today.

Snorlaxative9

I’ve been at IBM and Cisco. Tried goog and they rejected me early rounds.  That’s all the DD I need to know they’re solid long term

ponziacs

Berkshire bought IBM, AMZN, TSMC, HP and other tech companies before.

mutlipleshots

They’re definitely a big player with long term strength, wether you like them or not (and usually everyone hates them because they are expensive) they still have a huge team of consultants that will support companies reliably, as the saying goes nobody ever got fired for using Oracle, so the bigger the projects the more likely you’d want to work with them or other experienced player like IBM

East-Description-243

Cramer prefers IBM to Dwave… that’s just great cause I bought IBM calls yesterday.

HiTechSoldierplus

!banbet IBM 275 2w

HiTechSoldierplus

!banbet IBM 270 2w

HiTechSoldierplus

!banbet IBM 265 2w

Dull_Cranberry_5139

Thinking of getting my FFL 7 with some IBM tendies.

0K-go

IBM is a treasure.

EvolvingDior

Everything in my port ended green today -- except IBM. !p IBM

ChoiceRadiant6381

The dividend yield is like 1.1% on VTI and the taxes would be minimal. In regards to your question on NVDA, AMZN, etc. you own a good chunk of these. NVDA is 7% of VTI and 9% of qqq. Pretty much got you covered. Now the beauty is, do you know which one will be next? I don’t but it is already in the ETF and as it increases in value more gets added. Look GE used to be worth a lot more, IBM, Polaroid, Kodak, Sears, etc. over the years the most valued companies change. The index fund accounts for all that. In 50-years will NVDA or AMZN still be the most valued companies? I don’t know not care as the index fund will cycle into the new growing g companies and out of the decreasing ones.

pogkaku96

Remember when open AI and Microsoft were best buddies in town. See what happened. No serious cloud provider would make a deal with open AI because they burn a lot of cash and $20 subscription ain't gonna cut it. Microsoft is developing its own models, Amazon has anthropic and Google has Gemini. The ones with a cloud service that don't have a proprietary model are oracle and IBM. So no wonder they picked Oracle. Not even sure what oracle brings to the table here. They have a decent database line up but they suck at inference compute. TBH, I've never heard of anyone using Oracle cloud infra if not for their DB. So oracle will basically buy tons and tons of GPUs from NVIDIA, put it in the data centers and allocate it specifically for Open AI. So they are just a middleman who will host NVDA GPUs in the cloud for Open AI. This doesn't make any sense to me

Try_finger-but_hole

Don’t get me wrong I like oracle, but there is a thing called “ an elephant that can’t dance” just like IBM in the 80s. Having all these services is nice and all, but if you want steak, you go to a steakhouse, and not in the all you can eat buffet. Nevertheless, I’m bullish but I can see the big names turning to NBIS and Coreweave and maybe even Iren, because they will want specific things and most importantly, they have more control over pricing with smaller companies. And as far as the numbers they guided, I call that BS. With this numbers they are able to acquire any of the above names and run the more efficiently, and with a nice “goodwill” they can bake their financials nicely.

Effective_Ad_2797

Larry’s Botox is what is fueling Oracle. They are a useless company with nothing of value to speak of, just like IBM

Effective_Ad_2797

What do they even make or sell that anyone remotely wants? They are another IBM.

JakeTappersCat

Oracle isn't even a 3rd tier cloud company. It's like IBM-class, 5th rate at best. Mag 7 will steal their lunch in 10 seconds

Visible-Mastodon-277

Oracle makes me think I should buy IBM bc we are getting real dumb now.

Nefarious_AI_Agent

Cramer killed IBM again, bruh

Emotional-Zombie-810

Don’t invest then. I’m not here to sell you on anything. This is a documented YOLO position I have conviction for. In the time you’ve spent analyzing LinkedIn (wtf?) and IBM HR (not even the right sector), RZLV has appreciated another 30%. Being a contrarian for contrarian’s sake is a sad bit to play.

Dull_Cranberry_5139

!Banbet IBM 280 7weeks Brtbrtbrtbrtbrtbrt

Dull_Cranberry_5139

IBM money machine go brrrrrt

Dull_Cranberry_5139

Don't let this distract you from the fact Ive been averaging down IBM 280 calls, 10/17, from 236 three weeks ago at 70 cents on the dollar. And I just won $2,000 on an 8 leg parlay from Sunday Night Football and picked up 8 more 275 IBM calls @.60 three weeks out. Already up 175%

I_Am_A_Door_Knob

Can we add IBM to that list? I usually only see people hating on it, but from an investing standpoint it has done really well for me.

EvilHRCatbert

If you don't mind a bit of fair but honest discourse. If you had to sell me on buying/sticking with this stock with the noted red flags people mentioned earlier in this thread what would you say? I bought and sold some of it earlier today for a quick flip, it had some good momentum this morning but I'm not entirely sold that this is a hold based on what I see. Market analysis says Stock price of $6 is about right and it's about to creep up to that point soon. Company is currently not profitable yet and while I do like underdog companies, I invest in quite a few myself the product isn't super compelling to me. One of their products will compete with IBM's new HR AI which they felt so strongly about that they laid off their HR department to implement it.

CertainMiddle2382

Looked is priced like IBM when is was actually the source of the actual AI boom. In a sentence they could bring the mighty NVDA down, as Google own AI chips are even better than the Green Giant’s. But for some reason they keep them for themselves. Google is the leader, light years in front, in the coming race: AI led biotechnology. They own Deepmind, the best AI research group in the world. They own the future, all of it. For barely 25 P/E ratio now.

CommonRemarkable7633

Where does IBM fit

L-GuapoPeligroso

IBM. Not a sexy stock, but pays a decent dividend, varied tech irons in the fire, and a steady winner.

type_error

companies with the most AI patents: 1. Tencent 2. Baidu 3. Alibaba 4. IBM (stale?) 5. Microsoft (mostly clippy) 6. Google Now, since China doesn’t respect IP, will it even matter what patents they have? IBM Watson is stale AF I think Google has the most valuable patents even though they are #6. Plus they got chad god Demis Hassabis

Tab1143

Apple, Coca Cola, IBM.

TheBooneyBunes

That’s what normies are doing…you know IBM has been working on a fully capable AI doctor for years right?

Kemilio

IBM and UNH. Oversold dividend giants for the win.

jovi_1986

IBM = Intracate bean measurements Confirms if your beans are small or not .. good service

Thisispaartaaa

I like IBM....on top of all the shit they do, their quantum arm seems to be top notch

EvolvingDior

Meanwhile, IBM is having another +1% day.

Kemilio

IBM

bornagy

He was very deep in IBM in the 2010s and sold his position in 2017. 5 years later IBM prices started to soar. Not sure what is the lesson in this…

db_deuce

Because solid tech stocks hardly enter into value territory. Besides Apple, Berkshire owned and then sold IBM at the worst time. I will never buy a company (or consider the manager as anything other than above average, much less legendary) that hoards 300B in cash and put it into treasury bills, that is treating shareholder like regards.

EvolvingDior

I don't know how many noticed, but IBM is up over 3% today.

dimdada

Sometimes you just need to take a leap of faith. I always liked the business model. I believed back then the internet would explode. Plus, I learned to buy and hold from my parents who got in on IBM in the early 70s and held into the 90s with the divvy always reinvested. I saw just how much that compounding did for them. Even though AMZN doesn’t pay a dividend, I thought at one time they would. But the growth was so explosive it made up for that shortcoming.

siddsp

>All knowledge is backwards looking then projected forward. Unless you have a magic 8 Ball that's all we got. That's fine, but it doesn't prove that your insight is meaningful or accurate. >Large companies simple cannot grow forever at a rate a small company can grow. The market for any product is only so big. The planet is finite. This doesn't really refute the idea that the companies that are large today can't remain large in the future. It also doesn't refute the possibility of acquisition. Large cap stocks don't need to have the highest growth rate in order to remain the largest. They only need to have the highest market cap, which doesn't really rely on having a high growth rate, but rather just having reliable cash generation, high margins, and a reasonably high total addressable market. >Large companies also have difficulty transitioning to new technology due to focus on legacy business. Not if they are at the forefront of innovation itself. >Intel missed the boat on smartphones and AI. IBM missed the boat on personal computers. GE failed simply because of financial mismanagement. Microsoft was able to hang on by adapting to cloud computing. But that's the exception to the rule of history, which you seem to think is totally irrelevant for some reason. Never really argued that Microsoft being the exception is irrelevant. I simply pointed out that your argument of what will happen on the future based on what has happened in the past is weak given that the future isn't the past.

joepierson123

All knowledge is backwards looking then projected forward. Unless you have a magic 8 Ball that's all we got. Large companies simple cannot grow forever at a rate a small company can grow. The market for any product is only so big. Large companies also have difficulty transitioning to new technology due to focus on legacy business. Intel missed the boat on smartphones and AI. IBM missed the boat on personal computers. GE failed simply because of financial mismanagement. Microsoft was able to hang on by adapting to cloud computing. But that's the exception to the rule of history, which you seem to think is totally irrelevant for some reason. The MAG7 20 years from now are unknown but I guarantee that they will be in the S&P 500.

East-Description-243

Man… my limit order on IBM leaps didn’t happen this morning😭

geooooorge

Any IBM news???

ThrowawayAl2018

Well historically Yahoo! and AOL was once at the top. So was IBM and Blackberry. Hence current AI companies (pure hype for now) might overtake some of these Mag7. Or something better comes along to topple everything.

joepierson123

Yeah there's hard data to show that investing in the current highest market capitalization stocks underperforms the General market in the future 10 years https://www.forbes.com/sites/kristinmckenna/2021/06/07/is-bigger-better-stocks-tend-to-underperform-after-joining-top-10/ Remember in the 1990s highest market capitalization stocks were Intel, General Electric, Cisco systems, Exxon, Microsoft, IBM, Walmart, Philip Morris. Most likely the MAG 7 will not be the MAG7 7 in the future. 

Mother-Chipmunk2778

The random Nov IBM calls I got for no reason are up 61 percent

EnthusiasmClassic182

IBM 🫡❤️

Broad-Count-729

IBM

Diffidente

At those valuations I' m not touching anything myself and sticking to ETFs. Especially NVIDIA, given that their ASICs for AI are not so unique in respect to other vendors ASICs, AMD and Broadcom mostly but also Intel, Apple, IBM, Samsung and Amazon have their hands on custom chips. Currently memory-bandwidth and memory capacity are the major limitations Certainly not touching Intel, the PC enthusiasts community follows it closely and they are in the process of massive layoffs in R&D and closing of fabs, current processor sales are miserable, and none in the pipeline. Google is a sleepy giant, sitting on data, data-center capabilities, quantum computing research, Autonomous Driving research, AI research like no other and Monopolies in Ads, Android and Chrome. Certainly one of the most R&D heavy but it's a decade that it's unable to turn it into products. Currently I' m watching ARM, ASML, Broadcom, AMD, Micron, Google and IBM. of the big ones at least. Btw don't take suggestions from strangers on the internet. Good luck man.

slashinvestor

Tech has been on a rip for decades... SSUUURREEE.... Let me give you some historical context. In the last dot com bubble there was Netscape, Sun, SGI, HP, and IBM. Tell me how many exist today? Tell me how many have great stock returns? The biggest mistake you are making is that you assume tech going up implies it is all tech. Right now the companies are Google, Facebook, and Microsoft. The darlings of the last bubble are for all intensive purposes gone. I have not even talked about Nortel. Cisco has just barely managed to hit the highs of the dot com bubble. Cisco was the darling of the dot com era. Bitcoin and crypto IMO is not investable. Just like Gold is not investable. They are not growing assets. They are shiny toys. Sure people like shiny toys, but that is not an investment thesis. Search why Buffett things of Gold.