Quote:
Originally Posted by CRCRFT78
Yeah the mutual funds were the real downer of the bunch. Harley sat idle so of course as soon as I sold it the little f***er on Wall St. yells, "RAISE THE PRICE". The one mutual fund I've held onto seems to be performing pretty good but I'm wondering, can I sell the initial investment of $10,000 to use elsewhere and keep the profits invested in the fund. Something I'll have to look into. Maybe keep the $10,000 in the fund and take the profit and reinvest that. Decisions decisions.
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Isn't it amazing that when you buy, the stock goes down, and when you sell it goes up -- the whole time you owned it for the last few months it does "nothing".
Reminds me of our sports teams here in Seattle - we get somebody - they suck - we trade them finally - and they become super stars... Deion Branch comes to mind...
I would put Harley squarely in the "consumer discretionary" camp.... but I would also put them in the "fad" camp... If the consumer is feeling good - Harley will do better -- but at what point do we run out of people that grew up wanting a Harley? So when I look around at investing options -- and remember that we always have options for where we invest -- Harley would scare me because I'd always be wondering if it was "this quarter" when they report a big drop in sales etc. I prefer to invest in stuff that people NEED... and if they're discretionary - then I want them to be able to export (GROW) to China... (Apple - Coke - McDonalds etc).
