April 4th 2025 Not a Panic Sell but an attempt to save the portfolio without loss/ getting into too much RED. RRSP * Sold my Entire positions of $SCHD$DGRO$USRT for NO LOSS NO PROFIT (gathered good dividends for a year) and created liquidity. * Reduced Avg. cost of $MSTY$TSLY$QDTE with 20% of the proceeds. * Kept the remaining 80% to reduce cost of $SPLG$JEPQ * Re-enter $SCHD$DGRO when I feel the blood bath is over by reducing the Passive income ETF quantity to as-is before today(no one knows when but at least planning to renter when things look somewhat upwards.) TFSA/ FHSA * Sold $SPLT$BANK$UTES$FCUV at break even and got some cash on hand. * will purchase all above at the lower price if not similar price. * will reduce avg. cost of $QQU$MSTY (Harvest) if not above. NON-REGISTERED * Sold $HXQ * Avg. out $USCL with the proceeds * Will move it to Margin account and buy more $USCL * Adding more USD/CAD to increase positions of $SGOL$ZMMK P.S. I was up in double digits in all of my Sell Scripts just couple of months back like many of you :D
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9 Comments
Steve J
@afishyanado · 1yr
This is interesting to now look back on that you sold on the lowest day on the market. April 4th was the worst day to sell. Time in the market, not timing.
Henry King@juourney · 1yr
U help me to decide
Michael Conroy
@conroy119 · 1yr
I hope you understand what you're doing selling your ETFs like $SCHD and buying covered call instruments.
Heath
@incomewealthinvestor · 1yr
Thanks for sharing and it seems more like an educational rebalancing act. How many people sold their positions on Blossom but don’t want to share? PS. It’s a scary experience for some so you do you and best of luck!!!
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