I sold 50 shares of TGH for $36.76 per share in my Traditional IRA (W) account. Cash relieved $1837.97 – Acquisition cost $1717.5 = Profit $120.47. I have 12 shares of TGH left at a cost basis of $34.35 per share. I sold 20 shares of WGL for $39.34 per share in my Traditional IRA (M) account. Cash relieved $786.78 – Acquisition cost $760 = Profit $26.78. I have 20 shares of TGH left at a cost basis of $36.45 … Continue reading >>
I sold 20 shares of DE for $89.48 per share in my Traditional IRA (W) account. Cash relieved $1822.05 – Acquisition cost $1740.75 = Profit $81.3. I have 0 share left in this account. The selling is part of the efforts to reduce froth and volatile stocks. I read somewhere that copper is a key indicator of recovery and economic activities, or something like that. However, today JJC is at 2.95/lb, the weakest level since the summer of 2010. So … Continue reading >>
I have to say the end of Jan. to the beginning of Feb. 2014 sale was a good learning experience for me, and I’m grateful that I learned my lessons now rather than later: I was emotionally attached to my winners. The rising market made me complacent of selling my winners. I could have profited much more had I trimmed my winners sooner. I need have an exit plan when buying every stock. When the price reaches my level, I … Continue reading >>
It’s hard for me to sell winners. If I sell while I still can, I’ll definitely book my cash profits. But if I don’t sell, when the crash comes, all my paper profits will be wiped out, if I’m lucky; if not, it’s very possible to turn into paper losses. Losses from a crash of the same magnitude as last one, i.e., 2009 crash, took years to recover. I’ll still be paid with dividends while holding them, but I will … Continue reading >>
I sold all 113 shares of CMO at $12.54 per share in my Traditional IRA (W) account. This is a good stock, in my opinion. But I bought them at a price that was higher than what I should have. There’s no bad stock, only bad price. I wish I could recall who had said it. It’s so so so so so so True. Cash relieved $1420.08 – Acquisition cost $1401.9 = Profit $18.18. CMO might be on an uptrend, or not, … Continue reading >>
I liquidated all 40 shares of IBM in my Traditional IRA (W) account for $181.5 per share. Cash relieved $7298.89 – Acquisition cost $7286.95 = Profit $11.94. I’m happy to unload them with a small pizza gain. The only thing that I could have done differently was waiting a bit before the selling. It bounced to $182.89 as I’m writing this article. Nevertheless, I’m really happy that I didn’t lose any money, though. Warren Buffett’s investing rule No.1 is never … Continue reading >>
Core Holdings – invest at least $10,000 principle. These stocks will probably be held for life. Tier 1 Holdings – invest anywhere between $5,000 and $7,500 principle. Tier 2 Holdings – invest anywhere between $3,000 and $5,000 principle. Tier 3 Holdings – invest less than or equal to $3,000 principle.