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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (158902)6/9/2020 10:17:17 AM
From: carranza21 Recommendation

Recommended By
frankl

  Read Replies (1) | Respond to of 218197
 
Interesting.

I’m doing some profit taking from nicely appreciated March buys.

Sold enough QCOM to lock in profits. Sold all BP. Keeping all new XOM shares bought at 39 (shoulda coulda woulda gone all in at 30). Keeping all Boeing shares which are appreciated nicely.

All more or less 30% up since March. Not bad but not super-stellar but that’s fine with me.

No Tesla sales in wife and son’s accounts since cost basis is a naught(y) zero. May be a lesson there, a new investment paradigm: buy and forget. I actually do forget why I bought Tesla, probably because I support world-changing visionaries like Gates, Jobs, Jacobs and Musk who are not in the game entirely for the mooolah but to do something that changes how we live. Unfortunately never got around to buying AAPL, even though it was obviously going to be huge. Don’t like AMZN and won’t buy it because I don’t like Bezo’s vision, which IMO is clouded by naked greed.

Current tactic: profit taking is always good, re-stocking cash in preparation for next leg down, which I think might be coming