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Is the Nasdaq the New Dow? [View article]
Google has big earnings. But if I own GOOG shares, what do I get? Diddlysquat. No dividends. Zilch.
If you want tech, better to buy IBM in 100 share blocks - buying only on days where the market is down bad for 2-3 days in a row. You'll get several good buying opportunities per year.
Ignore moronic stocks like GOOG - owning those shares does nothing for you.
And what about all the saps that bought Google over $600 less than a year ago?
As of today, in the trailing 12 months, IBM is down 25.77%
But Google is down 57.68%
Ultra-large cap tech stocks ARE NOT hyper-growth stocks, so when you forfeit getting dividends to own them, you are being foolish.