I have 32 positions and a lot of them are in tech/ai . I added pltr a stock in at $157 today, im only adding on dips but not right now my available cash is going to google if it keeps dropping. I have a tail of about 8 stocks i wanna get rid of but its above my cost basis & i dont wanna buy more just to lower my cost basis & put more $ at risk, so imma keep em and wait. Its in a roth so ill ride it out and set limit sells orders for em. I dont wantcto invest in etf here cuz this roth is my growth, aggressive sleeve my 457b is my stable ballast. I might get into lilly sp global & fico MAYBE lol only established stable strong businesses. Im selling a lot of small speculative positions i hold
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3 Comments
Solo FIRE
@solofire · 5d
Cost basis should never be part of investment decisions. What only matters is the future cashflow you will get from the price paid today. A decline in stock price may offer better future return for reasonably valued high quality compounders, but it may not be the case for overvalued stocks or cyclical businesses whose earnings may decline over the long term.
Leo
@l3onel · 5d
Thoughts!??!
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