$24k in Roth IRAs – mostly in cash currently. If $GOOG drops under $2000, I'm thinking of picking up 10 shares. Then sitting on my hands for 18-24 months while it hopefully doubles. Seems better than DCA'ing into VOO or something for 60-80% over 5 years.
I chose Google because they have decent P/E and cash flow and are less dependent on hardware than Apple. I don't trust China to supply goods/materials currently.
Sidenote: We own a business and have plenty of cash, property, equity, etc. This isn't a retirement plan – it's just a hobby mostly, and some tax-free gains hopefully.
Terrible plan? Feel free to shit all over it – I'm here to learn.
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