05-14-2021, 08:57 AM
Really appreciate everyone’s perspective in regards to my question. Was on the verge of selling but some strong arguments were made to hold so that’s my game plan going forward.
The only stock restriction in my 401K is actually DAL stock. I can buy any other airline stock or ETF but DAL is off limits for some reason. I’ve been dabbling in airline stock and have done well. Been focusing more on domestic leisure based outfits though because larger airlines like Delta depend so much on business class and international bookings that it’s going to be a while before they begin to resemble their pre-COVID profit margins.
I am good about cost averaging down but admittedly have an itchy trigger finger when it comes time to sell and often dump everything in one fail swoop. Not sure why because the logic of cost averaging down holds water in the other direction as well.
Again, thanks your inputs. I’m not as experienced as y’all but will contribute here and there in the forum when I feel I can add value. Thanks!
The only stock restriction in my 401K is actually DAL stock. I can buy any other airline stock or ETF but DAL is off limits for some reason. I’ve been dabbling in airline stock and have done well. Been focusing more on domestic leisure based outfits though because larger airlines like Delta depend so much on business class and international bookings that it’s going to be a while before they begin to resemble their pre-COVID profit margins.
I am good about cost averaging down but admittedly have an itchy trigger finger when it comes time to sell and often dump everything in one fail swoop. Not sure why because the logic of cost averaging down holds water in the other direction as well.
Again, thanks your inputs. I’m not as experienced as y’all but will contribute here and there in the forum when I feel I can add value. Thanks!