What I Am Buying Today.

[ken-do-nim]

(11-04-2021, 08:16 AM)stockguru Wrote:

(11-04-2021, 07:12 AM)ken-do-nim Wrote:

(11-03-2021, 05:58 PM)fenders53 Wrote: Having some cash makes this so much less stressful.  If the market rocks I am making money.  If it dips hard I am buying bargains on a moments notice.  The key is I don't worry if somebody else makes more money than me next week.

So yeah, I'm 100% invested.  I'll work to change that in 2022.

In fact, my car repair bills were so steep last month that I should replenish my Emergency Fund.  Looks like I have three options:
1. Sell some company stock.  Price isn't where I want it, and a taxable event.
2. Sell Capital One Financial.  I definitely want to own this company, but I can sell now and pick it back up next year when funds arrive.  Not a taxable event because I'm at a loss.
3. Run with a low emergency fund until next year.

(Obviously I could sell virtually anything else, but if there's going to be a taxable event, it might as well be company stock.)

Don't even think about selling COF. It's positioned very well and it's cheap. No doubt it will be seeing new highs again. You should average down. And next year you may be paying $180 instead of $153 today. 

You should have sold MRNA   . That will give you some capital. But it's down $50 this morning and probably headed to $200 over the next 3-5 months.

Okay I won't sell COF.

MRNA is in my ROTH, so doesn't factor in.  Holy cow down 50!     Man, I wanted to wait for FDA approval.