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Yandex N.V. Message Board

cdp323 3 posts  |  Last Activity: Jan 23, 2015 1:21 PM Member since: Jul 4, 2001
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  • Reply to

    Invest vs trade...an investor's take on SWKS

    by cdp323 Jan 23, 2015 1:08 PM
    cdp323 cdp323 Jan 23, 2015 1:21 PM Flag

    It's obviously not a huge holding....a total of just 300 shares in this account (although a couple hundred more in another account). Wish we had more, but it's just a very small part of our overall retirement portfolio...lol, though certainly one of the best performers of anything we hold! It's been fun to see it do as well as it has.

  • Reply to

    Invest vs trade...an investor's take on SWKS

    by cdp323 Jan 23, 2015 1:08 PM
    cdp323 cdp323 Jan 23, 2015 1:18 PM Flag

    I didn't mention that we ARE taking some profits SLOWLY off the table. We're retiring this year and after selling our home, will be traveling for a year before resettling. A very small part of our monthly investment/retirement income will come from selling about five shares a month. At this rate, we've enough to last about five years before depleting just this particular holding. However, the pace of selling is so slow that with continued decent growth and the occasional reinvested dividend, we may gain back each year what we've sold off, still leaving us with plenty of net worth of SWKS even after five years. We'll see....but that's the plan.

    Sentiment: Strong Buy

  • My wife and I first purchased this stock for our Roth IRA back in Oct. 2012 for around $23 a share. We purchased some more in early October of last year when it briefly dipped to around $48. Both decisions were based on their overall financial health (e.g. no debt), product demand by other major companies (yes, such as Apple), and with our eye on the future and how this company could continue to fit into it. While we were always optimistic about its success as an investment, it certainly has exceeded our expectations, with our gains being tax-free. We will continue to HOLD, as the criteria for why we bought it hasn't changed and the company is obviously still very much in a very successful growth mode that we believe will continue for a long time to come. Our advice for those who have some years left to save for retirement is to buy and HOLD this one. SWKS is perhaps THE leading player in the rapidly developing "Internet of Things"....it's a true company of the future. Trade it if you wish...but we will be simply holding and perhaps buying a bit more on any real dips that happen as a result of an overall market dip. Good fortune to all longs!

    Sentiment: Strong Buy

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