Thursday, July 17, 2014

intel update


Intel might drop to 27, now, but it's unlikely to go lower than that, and the ten year trend is pretty emphatically up, so I can't recommend selling it. There's no possibility, really, of a 50% decline, which is what it would take to justify selling a small position. Just happily hang on and wait for considerably higher prices in the years to come.

Intel is big and slow moving and just not that exciting - though it'll probably go up nicely over the long term. If you have a 401k, or something similar, you probably own some anyway. I'm trying to get readers to use some of their money - maybe just a very small amount of it - to take more speculative positions. Intel doesn't qualify, really, here, or even at 27.
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