What are your winners & losers today?

[ken-do-nim]

> i'm a staunch buy and hold investor and selling is very very very bad--it's usually a horrible mistake so i'm sure one or more of those stocks i sold will be good money makers

Wow I'm of an opposite mindset. At work, we use the Agile Methodology - aka "fail fast". I don't sit with equities that aren't producing when the market is doing great. For instance, you just sold WORK aka Slack. Congrats. I took a long hard look at this one myself. (And btw, we switched from Slack to (Cisco) Webex Teams for group chat, and strongly considered a Microsoft product as well, so it has stiff competition.)



Remarkably flat since December. No yield, negative earnings. I just couldn't find any reason to buy it.

Now, compare that to the S&P 500 over the last 6 months (VOO):



1.48% yield as well. In general, if I don't think an equity can beat VOO, I'm better off buying VOO. Steady strong performer and very diversified. (edit: and SPXL is VOO on steroids)

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I only came up with the Rule of AT&T recently btw, so if you heard of it before then I'm not the first.