Thread: Side Hustle
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Old 01-22-2021, 02:27 PM
  #651  
Gunfighter
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Joined APC: Apr 2007
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Originally Posted by Trip7 View Post
FYI, for those that are dabbling in growth stocks at eye watering valuations, hope you have a strong stomach and very long time horizon

$QCOM fell 58% - 21 years to get back to break even.
$MSFT fell 65% - 17 years to get even.
$AMZN fell 95% - 10 years to even.
$INTC fell 82% - still isn’t even.
$CSCO fell 89% - isn’t even close to back to even.
The tech bubble was a wild ride. I was flying a desk for a computer manufacturer back then. The move over to aviation provided more stability.

I was looking at a leveraged portfolio of dividend stocks while taking advantage of the low margin rates at Interactive Brokers. CSCO popped up as a dividend stock worth considering. I'm not willing to gamble on growth stocks, but a good dividend yield covers the margin interest with a nice profit. Has anybody used IBKR Pro?
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