Originally Posted by Rain Man:
Ouch. Did something in particular tank on you?
I have three different accounts that I manage, two IRAs and one that's liquid savings. One of them was a rock and only lost 2.5 percent. The second one did pretty good as well, relatively speaking, and was down 3.2 percent.
But the third one was down 14.0 percent. It seemed like all of my overweighted stocks in that account tanked, even though there was no particular pattern among them. My second-biggest holding in that account (THO) got pulverized this year, losing over 60 percent, and it was about 8 percent of my total holdings in that account. But hey, now it's low so I'm buying a little more. It'll go back up eventually, right?
All indexed funds. Largest in a target fund, about 30 percent splits between a large cap and a mid cap. The large cap did the best.
Good thing the rest of my individual stocks are coming back nicely.
I had dumped my IQ a while back and took a loss . Bought back in at 17 and sold the other day at 19.10.
I learned a lot of lessons last year. some of my swing stocks were up 90% and instead of taking a profit I watched them go back to nothing or even a loss. this year I plan to just grab those 10-20% profits and be happy. There's so much opportunity if you don't let greed rule your plan. [Reply]
Originally Posted by Hog's Gone Fishin:
I had dumped my IQ a while back and took a loss . Bought back in at 17 and sold the other day at 19.10.
I learned a lot of lessons last year. some of my swing stocks were up 90% and instead of taking a profit I watched them go back to nothing or even a loss. this year I plan to just grab those 10-20% profits and be happy. There's so much opportunity if you don't let greed rule your plan.
Good takeaway.
"Pigs get fat, Hogs get slaughtered" - is the trader's saying. [Reply]
