09-12-2018, 11:55 PM
(09-12-2018, 01:35 PM)fenders53 Wrote: I believe we should evaluate struggling stocks annually and act like we are deciding whether we would buy it again today. I have held some very big names like MSFT, INTC, CSCO, PFE for a decade of severe under performance. We can always get back in when the story is optimistic again.
Not only struggling stocks but all stocks that we own. I personally don't do this, I prefer to just read through all of the quarterly results and I use that to get an impression of where the company is going. The "would I buy this now at this price" is a very good way to look at it... I know I should personally think about it more since the past doesn't matter, the future does.
I do admit that I have a hard time "letting go" of a stock that I've owned for a long time. I've done it a couple of times and it has been a good move.. then again I didn't let go of PG when I probably should have and it's not like I've lost money but I think I could have found some better alternatives.
Back to the topic of this thread. Just got my salary for the month so it's time to look at buying something again. I might add to AMAT following the massive selling that has happened in the past weeks.