Lessons learned from First Quarter 2014 Sale

I have to say the end of Jan. to 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 should … Continue reading >>

Sold CLMS

Last week only 100 shares of my CLMS sell order got executed, left me with 5 shares. Today I sold the rest of the shares for $11.35 per share in my Roth IRA account. Cash relieved $56.75 – Acquisition cost $53.2 = Profit $3.55. I’m lucky that I made money with this stock because I didn’t totally understand the business and its structure. It’s time to pocket the profits and move onto other opportunities.

More Selling

I’m taking advantage of the rally to unload. I sold 40 shares of SWK for $76.52 per share in my Traditional IRA (W)  account. Cash relieved $3060.75 – Acquisition cost $3003.63 = Profit $57.12. I have 60 shares left in this account at 75.09 per share. I sold 40 shares of TGH for $36.5 per share in my Traditional IRA (W)  account. Cash relieved $1459.97 – Acquisition cost $1380.6 = Profit $79.37. I have 60 shares left in this account … Continue reading >>

Moving gradually into Cash

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 >>