I was just reviewing old posts on my investment blog. On Wednesday, July 27, 2016 I sold some apple stock at $104, locking in a 10% gain. I felt quite smug and brilliant. Apple is at $139.85 today. Doesn't look quite so brilliant today does it? However, any day you make any money is a good day.
It just confirms the validity of my second rule; don't sell a winning stock. (or, only sell losers)
The angry dumb investor
A fed up investor creates and manages his own portfolio and ranks it against experts, the TSE index and a well known mutual fund.
Wednesday, March 1, 2017
Friday, December 30, 2016
Tuesday, November 29, 2016
Wednesday, July 27, 2016
I was a little bit restless, wanting to lock in my gain from the " Brexit " shudders, so I put in sell orders for half my position in apple and goldcorp.
11% gain on apple, a whopping 78% gain on goldcorp. (but goldcorp was bought long ago)
apple; bought $93, sold $104.00
goldcorp; bought $14, sold $25.00
This isn't really investing, this is playing the market, a dangerous game.
11% gain on apple, a whopping 78% gain on goldcorp. (but goldcorp was bought long ago)
apple; bought $93, sold $104.00
goldcorp; bought $14, sold $25.00
This isn't really investing, this is playing the market, a dangerous game.
Monday, July 4, 2016
Saturday, June 25, 2016
Brexit
Everything
was down (except gold; goldcorp was up 6.37%) because of Brexit. But,
does Brexit effect eveything? Possibly, but immediately? I don't think
so. I think this is an opportunity. Stocks that really won't be effected were down.
For example,
Apple Inc.(NASDAQ:AAPL) closed at $93.40, down -2.70 (-2.81%). The day Range was 92.65 - 94.65.
Does Brexit mean apple revenue will drop 3%? Not at all. I think this is a chance to make 3% on stocks like apple in one or two days....if I'm not too late already. Placing an order for tomorrow as we speak.
For example,
Apple Inc.(NASDAQ:AAPL) closed at $93.40, down -2.70 (-2.81%). The day Range was 92.65 - 94.65.
Does Brexit mean apple revenue will drop 3%? Not at all. I think this is a chance to make 3% on stocks like apple in one or two days....if I'm not too late already. Placing an order for tomorrow as we speak.
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