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Default To sell or not to sell...

....that is the question!
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Freedom Isn't Free!
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Default To sell or not to sell...

On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote:
...that is the question!
--

Freedom Isn't Free!


Don't sell. Not unless you want to turn your short term losses into long term losses.
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Default To sell or not to sell...

On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:

On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote:
...that is the question!
--

Freedom Isn't Free!


Don't sell. Not unless you want to turn your short term losses into long term losses.


The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'
though!
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Freedom Isn't Free!
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Default To sell or not to sell...

Adorable Deplorable Wrote in message:
On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free!


A 50% loss would result in the need to make a 100% gain to break
even, if you bought back the same stock at what you sold it for.
If the stock declined another 50% you could buy twice the amount
you sold but you'd still need a 100% gain to break
even.

If the stock rose 50% after you sold it would cost you 25% more to
buy it back. If the stock regained its original value it would
cost you twice as much as you sold it for, to buy it
back.

Numbers dont lie.
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Default To sell or not to sell...

On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote:

Adorable Deplorable Wrote in message:
On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free!


A 50% loss would result in the need to make a 100% gain to break
even, if you bought back the same stock at what you sold it for.
If the stock declined another 50% you could buy twice the amount
you sold but you'd still need a 100% gain to break
even.

If the stock rose 50% after you sold it would cost you 25% more to
buy it back. If the stock regained its original value it would
cost you twice as much as you sold it for, to buy it
back.

Numbers dont lie.


I suppose that means to hang on to it?
--

Freedom Isn't Free!


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Default To sell or not to sell...

Adorable Deplorable wrote:
On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote:

Adorable Deplorable Wrote in message:
On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free!

A 50% loss would result in the need to make a 100% gain to break
even, if you bought back the same stock at what you sold it for.
If the stock declined another 50% you could buy twice the amount
you sold but you'd still need a 100% gain to break
even.

If the stock rose 50% after you sold it would cost you 25% more to
buy it back. If the stock regained its original value it would
cost you twice as much as you sold it for, to buy it
back.

Numbers dont lie.

I suppose that means to hang on to it?
--

Freedom Isn't Free!


And buy more!
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Default To sell or not to sell...

On Thu, 12 Mar 2020 11:18:03 -0400, Adorable Deplorable
wrote:

...that is the question!


I will hold what I have but I am not buying anything until this
quarantine nonsense is lifted. I still think this could be the big
one. (the end of the world economy as we know it). You can't just hot
the stop button and think things will still be there ready to go when
you hit start.
It is like a boat (see what I did there). If you let it sit unused too
long, it may never go again.
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