*Investors Blog*

Dat us me pornt.

Stocks MIGHT do better, too.

Something satisfying building out an interweaving varied ladder. I even have some Shell bonds!
Yes, but I was looking at it as a hard landing hedge.

Hard landing - stocks drop, yields drop, bonds go up.

Soft landing stocks go up - I don't care about my hedge.

Long term inflation is the one without a hedge. Normally you would say real estate - and that might be true here as well, but that market seems overbought currently to me, not to mention changing quickly.
 
Dumped my POS GM stock, I knew I should have locked in my 20% gain a week more more ago with this company who for decades never broke out of the same range *LOL*
More delays on their EVs, stock get trashed, goodby profits, just sold @ roughly 3.25% gain from end of April ... oh well next time says Lucy to Charlie Brown
I could be back next week but uneasy feeling with the UAW talks coming up... so missed the chance that I had for the nice profit
 
I’ve learned to lock in profits cause they can go up in smoke very quickly.
Yeah, you know, Im aware too, I know many make comments like mine but it was my intention to sell BUT my own inattention and lake of diligence let it slide, and slide, and slide... laziness? Ummm ... sort of AND preoccupied around the house the last few days until today... then checked the price and realize the mistake I am have made.

Very quickly indeed and I am very well aware of GM over the decades and really didnt plan on holding it, Im still not sure why I didnt cash out when I thought about doing it, oh well. Ohhhhh ... that's right, I got greedy and thought the climb would continue with this POS stock *LOL* Idiot!
 
Last year I had big gains (over $100K, not bragging) and when my CPA did my taxes she mentioned holding the stocks/ETFs for a year to have the long term capital gains verses short therm gains.

I told her I don’t care about the bigger tax bill, I have to get in and out of these fake markets to secure my gains.

Unrealized gains can go up in smoke very quickly. I never feel bad if I sell something and it goes up another 10%, 30%, 50%…..

Similar to a football game when coach pulls the starting QB out of game, benches him cause they have a 21 point lead and don’t want to risk QB getting injured and out for the rest of the season.
 
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Yeah, you know, Im aware too, I know many make comments like mine but it was my intention to sell BUT my own inattention and lake of diligence let it slide, and slide, and slide... laziness? Ummm ... sort of AND preoccupied around the house the last few days until today... then checked the price and realize the mistake I am have made.

Very quickly indeed and I am very well aware of GM over the decades and really didnt plan on holding it, Im still not sure why I didnt cash out when I thought about doing it, oh well. Ohhhhh ... that's right, I got greedy and thought the climb would continue with this POS stock *LOL* Idiot!


These are learning experiences.
 
I guess I am the different investor... I like loooong term gains, because I'm greedy.
@alarmguy perhaps you did the right thing, because GM stock hasn't done much in the last 5 years.
Wrong, 😜I’ve been watching them for 40 years and it’s the same old thing, not 5 years but in 40 it hasn’t gone anywhere in 40 or more,Lucy pulls away the football … doesn’t mean I won’t revisit some day. Just short term stuff. I’ve always made money short term but blew this one today.
 
Wrong, 😜I’ve been watching them for 40 years and it’s the same old thing, not 5 years but in 40 it hasn’t gone anywhere in 40 or more,Lucy pulls away the football … doesn’t mean I won’t revisit some day. Just short term stuff. I’ve always made money short term but blew this one today.
It went to zero in 2008? I guess that technically is nowhere 🤷‍♂️
 
These are learning experiences.
Yeah, I think everyone who invests likes to beat their head against the wall now and then... I went off the rail with this one and lesson I will remember next time.
Still a small gain and not a loss but I would have liked to have held it. Im still watching GM though, because for trading I do know how this stock behaves but the danger right not for short term trading will be the UAW talks and in my mind that is going to be hanging over the stock moving forward.

With that said BIG tech win for GM today in Barrons, along with Alphabet (googl) San Francisco/CA regulators gave the green light to allow "Cruise" majority owned by GM and "Waymo" (google) to offer driverless paid rides across the city.
https://finance.yahoo.com/m/85e36c30-0979-3ed3-8056-02f82cdb024f/cruise-waymo-get-approval-to.html
 
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"AI baby. Tech is a roller coaster but you gotta have some skin in the game if you wanna win big."

Oh, I did. That's what hurt. Woke up to a $100 pop over a couple of days after I sold. Rode it for a year from 220 down to 140 and up to 270, glad to get a little profit at that point. Pretty much gave away a free Plaid.
 
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