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How's your buy and sell timing?
#11
(01-02-2019, 09:46 PM)rayray Wrote:
(01-01-2019, 03:19 PM)fenders53 Wrote:
(01-01-2019, 03:05 PM)rayray Wrote: Terrible, always has been. Some of my worst investments were on the sell side of investing. So, I try not to sell.
As long as you buy above average companies, not selling is a winning strategy.  Personally, my biggest sell errors are when a stock gets crushed.  I patiently hold 5-10 years and when it finally recovers and gives me a decent gain, I become thankful to get out.  Often those are the stocks that double again in just a few years because I bailed after they righted the ship.  MSFT comes to mind.

fenders, a buddy of mine lost money on Google, Amazon and Microsoft!! He told me he feels like the only guy in the world that lost money on those 3 lol...at least he has a sense of humor about it.



I think about Redhat....if I never sold my shares I'd be getting a 400k check from IBM Confused Undecided

I bought MSFT shortly before the 2001 tech crash.  Held that pig for 15 years for a double, then missed another quick double because apparently 15 years isn't quite patient enough lol.   INTC wasn't a quick win either but I bought it much earlier. Now I am down on AMZN and AAPL.  These won't take 15 years to recover as they are nothing like the 2001 overvaluation. Timing is everything though lol.
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Messages In This Thread
How's your buy and sell timing? - by fenders53 - 09-18-2018, 01:40 PM
RE: How's your buy and sell timing? - by Kerim - 11-27-2018, 03:06 PM
RE: How's your buy and sell timing? - by rayray - 01-01-2019, 03:05 PM
RE: How's your buy and sell timing? - by rayray - 01-02-2019, 09:46 PM
RE: How's your buy and sell timing? - by fenders53 - 01-02-2019, 10:36 PM



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