>I sold all my intel stock the next day [late 2019], it made up most of my portfolio at the time.
Sorry if this is too off-topic, but why did it make up a sizable fraction of your portfolio in the first place?
Sorry if this is too off-topic, but why did it make up a sizable fraction of your portfolio in the first place?
Reason for Apple: At my elementary school, everyone loved using the Power Mac G5's during computer lab. Every kid had/wanted an iPod or iTouch (and eventually iPhone).
It makes sense to be less risk averse in that situation than a mid-career software engineer with a family to support planning for retirement.
If you wait long enough (and you should be investing for 10+ years from now) doing things that hurt growth doesn't risk you losing money, it guarantees it. And diversification hurts growth because of transaction costs.
Still, probably better to buy SPY.