I just sold a bunch of shares, about $22,000 worth (which for me is a lot) not because I wanted to trim my position, but because I was trying to move the shares from one account to another (moving it into a tax-free account)
I was planning to immediately re-invest the money back in again via my second account, but I've been wondering if I should just take the profit and stay out for the time being or put it elsewhere.
On the one hand, betting against a company like Microsoft and "waiting for a dip" is rarely a smart move. However, the share growth has been enormous this year to an extent that seems unsustainable and unjustified, I can't shake the feeling that it's being pumped by the current buzzword of AI. Their growth is seemingly showing signs of slowing, though it is still good.
I readily admit I'm not knowledgeable about how to assess "fair valuation" for a company. I am wondering what sentiment here is on Microsoft...
[link] [comments] https://www.reddit.com/r/stocks/comments/14jk3mk/is_it_a_bad_time_to_buy_microsoft_shares/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate