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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (28426)10/6/2007 3:06:49 AM
From: Madharry  Read Replies (2) | Respond to of 78704
 
I appreciate all the responses Paul but since I imagine you practice what you preach, how do you decide how long to keep your stub and when to sell it? and BTW I did feel a sharp twinge in my shoulder blades when you mentioned aapl.



To: Paul Senior who wrote (28426)10/6/2007 9:23:50 AM
From: Grommit  Read Replies (1) | Respond to of 78704
 
OT comments.

Stubs. I think that underneath it all it is not a financial decision at all. You want the stubs for the psychological reason that it makes you feel good. It was a winner and you love it. I am not knocking you, this is natural. The "you" is everybody.

All that analysis of "what if my stubs continue to go up" ignores the effect of the alternate investment.

As to those who whine about history, I refer to Henry Ford II's practice -- "never complain, never explain". Or "if ifs and buts were candy and nuts, oh what a merry christmas we would have" John Madden, I think.

For me, if in doubt I will sell 1/3 or 1/2 to take some profits. But stubs are noise and complexity I do not need. Even if tracking is no issue, they take mental bandwidth. I might watch them for awhile because they are marginal value plays and I want to see if they drop back down and become a buy, but if they continue to go up, they are off my radar screen with no regrets.

grommit