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Old 08-20-2013, 05:14 PM
 
Location: Carmichael, CA
2,410 posts, read 4,457,153 times
Reputation: 4379

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Quote:
Originally Posted by saxondale351 View Post
If I buy a posistion at say 50, and it goes up to 70 I can sell at 70 and wait and buy in on weakness. Yes I pay 3.95 a trade. That includes Options. Yes there is some tax on it but if you are making money that is not an excuse to not make money. I also will sell covered calls, and buy calls sometimes sell a put and make money. Should I not make money? Do you think that the paper you hold is something to die with? I don't subscribe to that idea. Its paper and I do not want to keep it.
I was just wondering if it was worth it to you. I just have a totally different investing style--mine are purchased for long-term appreciation and dividend income, and I only sell if the company changes in some way for the worse, or the dividends are lowered.
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Old 08-20-2013, 05:58 PM
 
1,507 posts, read 1,975,435 times
Reputation: 819
Quote:
Originally Posted by cb73 View Post
I was just wondering if it was worth it to you. I just have a totally different investing style--mine are purchased for long-term appreciation and dividend income, and I only sell if the company changes in some way for the worse, or the dividends are lowered.
I also do the long term investing, but if I can sell and buy back in a short time and cut my cost its a win win. I also sell covered calls and puts. Its a way to augment the dividend.
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Old 08-20-2013, 06:13 PM
 
Location: East Coast of the United States
27,575 posts, read 28,673,621 times
Reputation: 25170
Quote:
Originally Posted by saxondale351 View Post
Just checking to see if anyone is pulling out their money before the 2pm release of the fed min. Or if you think that the tapering is factored in to the market already.
I've been out of stocks since last Thursday. I don't usually hold any stock positions when the market is in a pull-back.
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Old 08-20-2013, 06:24 PM
 
Location: Under a bridge
2,420 posts, read 3,850,179 times
Reputation: 2496
I'm not. I'm in it for the LONG haul and I add to my positions on dips. Stay the course.

-Cheers.
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Old 08-21-2013, 02:35 AM
 
106,691 posts, read 108,856,202 times
Reputation: 80169
in internet forums no one holds stocks in a downturn, they just all pile back in and catch the upturn. nothing easier .
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Old 08-21-2013, 06:41 AM
 
31,683 posts, read 41,045,989 times
Reputation: 14434
Quote:
Originally Posted by mathjak107 View Post
in internet forums no one holds stocks in a downturn, they just all pile back in and catch the upturn. nothing easier .
Yeah I noticed that also.
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Old 08-21-2013, 06:47 AM
 
Location: Warwick, RI
5,481 posts, read 6,307,209 times
Reputation: 9539
Quote:
in internet forums no one holds stocks in a downturn, they just all pile back in and catch the upturn. nothing easier
I know, huh? If people were even half as good as they claim in the forum, they'd be so rich they wouldn't be posting in the forum, lol!
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Old 08-21-2013, 07:33 AM
 
Location: East Coast of the United States
27,575 posts, read 28,673,621 times
Reputation: 25170
Quote:
Originally Posted by treasurekidd View Post
If people were even half as good as they claim in the forum, they'd be so rich they wouldn't be posting in the forum, lol!
Well, mathjak would be considered at least kind of rich to many people and he posts regularly. So, I don't know about that.

Plus, these strategies aren't going to turn mere thousands of dollars into multi-million dollars overnight. Growth is typically a lot more gradual than that.
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Old 08-21-2013, 08:23 AM
 
4,130 posts, read 4,461,778 times
Reputation: 3041
Quote:
Originally Posted by mathjak107 View Post
in internet forums no one holds stocks in a downturn, they just all pile back in and catch the upturn. nothing easier .
On internet forums most people jet setting billionares with Ph.D.'s out the wazoo and are experts in every field with perfect forcasting accuracy
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Old 08-21-2013, 08:51 AM
 
1,507 posts, read 1,975,435 times
Reputation: 819
Quote:
Originally Posted by cb73 View Post
I was just wondering if it was worth it to you. I just have a totally different investing style--mine are purchased for long-term appreciation and dividend income, and I only sell if the company changes in some way for the worse, or the dividends are lowered.
Sold NDLS at 42.42 bought back today at 41.28. I bouight in at 43 so it will show as a loss.
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