Thread: Investing 102
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Old 05-21-2012, 12:30 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by toy71camaro View Post
Ah... Bummer on the ole faceybook... but I'm not all that surprised after reading a handful of articles on SA about them the past two weeks.... But the media made it into a frenzy and got everyone excited for a bursting bubble. heh.

Anyhow... I saved my $ from twofacedbook and set my order for $1k of T, $500 of CVX (while its on sale for ~10% off) and $500 for KO.

Now trying to debate whether or not to take a $150 loss on the last couple of ETF's i have, so I can get the 3rd item on my "buy" list.. which was $1k KMB.

$150 loss at the low dollar values I'm doing, is quite a hit. LOL.

I already got your ED. It's up ~1% for me. lol


Loss sales are always a struggle. The minute you sell - the shares will go up.

The way I TRY to look at it is whether or not the NEW investment will more than make up for the loss in a short amount of time - either in dividend - or growth or both. Then it doesn't feel so bad.

That's just employee retraining. Sometimes it costs money to train then.
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