Wednesday, December 18, 2024 11:34:23 AM
You are looking at things all backwards. I sell some and look for something else undervalued. When you regret selling, you hold losers.
This stock doesn't have any EARNINGS....and isn't projected to for years.
I can't worry about money left on the table in every stock or investment.
I can see you aren't going to grasp it, but just a quick example from a personal experience...
I was buying a new house and selling my old one. The housing market had already heated up somewhat and my realtor was telling me to hold out for a bit more. Instead, I sold it through Open Door (no, this isn't a commercial for Open Door). They paid me cash and told me not to repair anything. I took the money, put it into 5 different tech stocks and made enough in 4 months to pay cash for the new house. Yes, I didn't make as much on the house sale, but I made far more elsewhere.
Investing isn't a game to me, this is how I make my living.
Don't fall in love with your stocks, they aren't your children. If this goes higher, I still have 4000 shares with no cost basis.
Now, I'm done trying to teach investing to you. It's exhausting and better time spent elsewhere.
This stock doesn't have any EARNINGS....and isn't projected to for years.
I can't worry about money left on the table in every stock or investment.
I can see you aren't going to grasp it, but just a quick example from a personal experience...
I was buying a new house and selling my old one. The housing market had already heated up somewhat and my realtor was telling me to hold out for a bit more. Instead, I sold it through Open Door (no, this isn't a commercial for Open Door). They paid me cash and told me not to repair anything. I took the money, put it into 5 different tech stocks and made enough in 4 months to pay cash for the new house. Yes, I didn't make as much on the house sale, but I made far more elsewhere.
Investing isn't a game to me, this is how I make my living.
Don't fall in love with your stocks, they aren't your children. If this goes higher, I still have 4000 shares with no cost basis.
Now, I'm done trying to teach investing to you. It's exhausting and better time spent elsewhere.
Just my opinion, of course.
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