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Re: Cap10 Kaoz post# 43542

Saturday, 03/16/2019 1:20:49 PM

Saturday, March 16, 2019 1:20:49 PM

Post# of 47077
Hi Cap, Re: Sell SAFE...................
I've generally left Sell SAFE alone. Most of my holdings use zero for Sell SAFE.
The reason is that we can never run out of shares with AIM no matter how high the price goes. That's because we're always selling some percentage of the remaining shares.

On the other side, we can run out of cash. So actually cash becomes the more precious commodity. Every Sell raises our "next buy" target price. So, selling generally makes it easier to start spending during a correction. Since we don't want to burn our reserves of cash too quickly, I do various things to conserve it. On the Sell side I like to get back to meaningful and appropriate cash reserves unfettered, so keeping Sell SAFE steady (and low for me) is what I like.

(Note: the AIM variant called "LD-AIM" does allow one to sell completely out of shares. I'd probably re-think Sell SAFE if I were using LD-AIM)

Buy from the Scared; Sell to the Greedy.....

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