02-08-2021, 09:20 PM
That was a very interesting read. I made similar investing mistakes back in the early 2000s, following Nortel and Lucent to the ground.
My three worst moves lately? Hmmm...
1. I got used to shifting money around in my ROTH IRA care-free, and I just did some rebalancing in my taxable account, completely forgetting that if you sell stuff before a year is out, you pay a lot more taxes. Oops...
2. CURE is looking like a dud. It got out to a promising start; I bought around $50 and it's $80 now, but it hasn't budged in a while and all the other equities are doing so well. (I read an article on Seeking Alpha indicating that over the past 30 years, it was the overall single best ETF.)
3. Waiting too long to improve my 401k portfolio. I had it all in an S&P 500 index last year, and there are funds that did and are doing way better available to me.
My three worst moves lately? Hmmm...
1. I got used to shifting money around in my ROTH IRA care-free, and I just did some rebalancing in my taxable account, completely forgetting that if you sell stuff before a year is out, you pay a lot more taxes. Oops...
2. CURE is looking like a dud. It got out to a promising start; I bought around $50 and it's $80 now, but it hasn't budged in a while and all the other equities are doing so well. (I read an article on Seeking Alpha indicating that over the past 30 years, it was the overall single best ETF.)
3. Waiting too long to improve my 401k portfolio. I had it all in an S&P 500 index last year, and there are funds that did and are doing way better available to me.