Below is a Charles Schwab screen shot of our equity positions in our IRA which are Apple, FaceBook, Google, Twitter, and WalMart. We have no ETFs or closed end funds because I have no idea what either of those investment instruments are.
I do know that FB, GOOG, and TWTR have gone through the roof and we were fortunate to time it just right. We bought FB at $38 per share, GOOG at $600 per share, and TWTR at $44 per share. Google is the prize winner closing at the historic high of $1100 per share!
Part of me wants to sell now because of the inevitable correction that always follows such astronomical growth, BUT I have not seen anything that comes close to representing a correction in either of the three stocks. One would have thought Google stock would have split by now, but I believe Sergey Brin is philosophically opposed to stock splits based on the fact splitting makes the stock more affordable at the share level, but adds no intrinsic value.
The only brick and mortar company in our retirement portfolios is WalMart which has grown steadily and pays dividends unlike most NASDAQ stocks. I guess I really don’t understand why the growth is so rapid and unbounded with respect to High Tech stock offerings. I just hope the day does not come where I regret not having sold these positions at their exceedingly high valuations.