loss? 15% loss? You can pull 50% of the stock when it drops 10% and hold
the other 50% and see what happens. You can pull 100% at an 8% loss. What
ever makes you comfortable.
Just imagine that all those investing in 401Ks in 2000, 2001 and 2002 had
some type of strategy... Retirements would still be there.
Because banks, media, and wall street embedded buy and hold in everybodies
head, look what happened.
FYI.. I am not a financial planner, nor to I play one on TV. This is
something I have done the past 4 years with my Roth IRA and it has worked
for me. Always consult with your financial planner, attorney, spouse,
etc...........
At 01:56 PM 11/6/2003, you wrote:
>Jacob-
>thanx for the good advice.
>actually, beyond the exit strategy, I need a map for the next freeway <g>.
>am wondering where <outside of cf_community!!!> to put the profits to grow
>some more :-)
>trying to recoup my "investment losses" in the kids' tuition <ha>
>-Ben
>
> >10% trailing stop loss. Let's say it goes up to $15.00 a share for a high,
> >then starts to fall. At $13.50 (10% loss), I would start looking to
> >sell. Key thing is you need an exit strategy.
> >
> >Jacob
> >
> >At 01:58 PM 11/6/2003, you wrote:
> >>so everybody should have such a problem:
> >>
> >>About a year ago, I took a chance and bought a chunk of my employer's
> >>stock in my personal account. Bought in at $3.19 a share.
> >>
> >>Today it closed at $12.40, and has been going up quite a bit lately on
> >>good news.
> >>
> >>Price before they bought our site and the market turned south was about
> >>$13-$14.
> >>
> >>So, what to do?
> >>Keep it all, hoping for even more gains,
> >>Sell an amount corresponding to the original investment, getting my money
> >>out (so anything else is profit),
> >>Sell it all (take the money and run).
> >>
> >>And if I sell, where the heck to put the proceeds?
> >>
> >><sigh>
> >>
> >>-Ben
> >>
> >>
> >>----------
> >>[
>
>----------
>[
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