I remember reading that in one of my financial newsletters one time and it struck me. Too many times, I knew the right thing to do (i.e.sell when I hit my stop win) and I froze and due to inaction, lost out on value. Today Netflix rose 46%. I had some shares that had been well paid for (I had already taken out more than I had originally put into the trade) and had watched as they had slipped from an astronomical 295 a share down to 64, while I failed to pull the trigger on my Stop Win value of about 240. It rallied back to 129, but I failed to sell again when it went through 103 back down to 54. Today, when I saw it hit 149, I finally decided to be "right" and sold half of it above 140 (original cost about 20, not counting the fact I had already recovered that, and there had been as 2 for 1 split after I originally sold half to lock in the profit. I may just let this last hold run, boom or bust, but am going to try instead to really adhere to a STOP win at this new level.
Time to modify the TSP holdings as well, The F fund is slipping and within 1% of the 39WAR, so I rebalanced 30% L-Income, 30% C-Fund and 40% I-Fund. I Dund has been the big winner so far this year, but S Fund has woken up and bears watching.
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