What I Am Buying Today.

[ken-do-nim]

(10-30-2021, 07:40 AM)fenders53 Wrote: The triples are not meant to be held for years.  I know you entered at the perfect time.  2020 made this look too easy.  I'm sure your returns are better than mine.  I'd like to see you keep the profits.  You are being warned by us for a reason.  Most of us have a few speculative plays.  A pro hedge fund trader would have a hard time managing your port.    

You can keep wishing for APR-DEC 20 to repeat but a market half that good is fairly rare.  Stay leveraged up and you will give it back.  You said you dread a 10% down market year.  I expect you will endure a few of those.

> You can keep wishing for APR-DEC 20 to repeat 

Actually, this October rocked.  My taxable account went up 15% this month.

But yeah, my thought process thus far has been to rise up all the blue chips (Microsoft, Apple, Oracle, Target, etc.) up to the level of the triples, so that they aren't as big a percentage of my port.  I'm not ready to exit them, but I hope I see the signs early when I need to.  I don't think rising inflation is that trigger, but it does behoove me to read more financial news.

By the way, I've been having an absolute blast this past two years.  Investing is super fun, even with the mistakes.