Godawgst what do you like?

EwaDawg said:

@Baseman or @GoDawgSt what are you buying?

DIA up .5% in less than a week when DPZ is up almost 3% and QQQM is up nearly 2% in the same time period.

What say you? Either one.

I own QQQM and want to buy more but not at the current price.

I opened a position in Dominos Pizza and went heavy went it dropped to $325. Love the long term prospects but not adding at $395 before digesting earnings or a pullback.

I rarely sell, especially in my taxable accounts except for occasional tax loss harvesting. I did, however trim 1/3 of my Bank of America position at $40 and 10% of Citi in my IRAs

Currently Eying the following:
QQQM
Google (concentrated over QQQM)
Dominos

I want to increase my Starbucks and Union Pacific positions. Current valuations too pricy

EwaDawg said:

Baseman said:

EwaDawg said:

@Baseman or @GoDawgSt what are you buying?

DIA up .5% in less than a week when DPZ is up almost 3% and QQQM is up nearly 2% in the same time period.

What say you? Either one.

I own QQQM and want to buy more but not at the current price.

I opened a position in Dominos Pizza and went heavy went it dropped to $325. Love the long term prospects but not adding at $395 before digesting earnings or a pullback.

I rarely sell, especially in my taxable accounts except for occasional tax loss harvesting. I did, however trim 1/3 of my Bank of America position at $40 and 10% of Citi in my IRAs

Currently Eying the following:
QQQM
Google (concentrated over QQQM)
Dominos

I want to increase my Starbucks and Union Pacific positions. Current valuations too pricy

Ya. Bought the DPZ and QQQM based upon your previous post and my subsequent research.

Should have read your previous post better. I've always liked UNP but, it is pricey. Will buy next dip. I've always thought SBUX was too pricey but will follow more closely.

Thanks,

Sure. Starbucks is a core never sell position.Historically it's been a buy at 21-22x cash flow, 20% lower than the current valuation

Iconic growth cash generators can capitalize on downturns and buyback a higher percentage of stock at lower prices.

Google has $120 Billion in cash and about $8 billion in long term debt. You won't find a better balance sheet anywhere. Apologies to the Oracle of Omaha. Estimated 17% YOY EPS growth. Massive cash flow generator. New CEO clamped down on low probability Bets, focusing on ROE

USMChawk said:

Curious what you think of FKDNX? I’ve owned it for a couple of years and it’s been a solid performer. I’m trying to convince my girls to buy it in their Roth IRAs and just hold it for 40 years.

QQQ has outperformed FKDNX over the past 10 years and has a lower fee % (.15 vs. .86) You’re paying almost a 3/4 if a percentage which doesn’t sound like a lot but multiply it over your holding period and it adds up quick

Then there is the raw performance. QQQ 10 year average yearly return of 20.37% vs. FKNDX at 17.38%

In short, after fees, over the past 10 years you would have earned a 50% higher total return with QQQ than FKNDX.

A higher fee fund better deliver at least twice the difference over the term or your getting screwed. I didn’t dig into the 5.25% sale fee. What’s that?

Past performance doesn’t equate to future results. Any fund can look sexy over 1-3 years.

On top of everything above, you’ll notice the similarities between the portfolios.




Performance



Prohibitive fees for poor performance


QQQ


FDNX


Did a broker recommend FDNX? Also QQQM is made up of the same portfolio as QQQ but the shares in the $130 range making it more affordable when buying single shares.

Again, I’m not a registered advisor but for your girls put them into QQQM and keep adding.

If FDNX is not in your taxable account I’d dump it tomorrow for QQQ/QQQM