Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Bought some CZR 2 or 3 weeks ago and it promptly tumbled about 15%. Sold. Bought some AJG a week ago and it fell 8 or 9% in 3 days. (Still hanging on). This morning I added a little SWZ to the CEF basket (replacing ETJ). Each of the investments mentioned represent(ed) less than 2% of portfolio.
Bought some CZR 2 or 3 weeks ago and it promptly tumbled about 15%. Sold. Bought some AJG a week ago and it fell 8 or 9% in 3 days. (Still hanging on). This morning I added a little SWZ to the CEF basket (replacing ETJ). Each of the investments mentioned represent(ed) less than 2% of portfolio.
How refreshing. Someone who actually admits to losing trades. In the majority of cases on the various boards on the bad trades they either break even or lose just a smudge. Yeah right. Good traders and investors make lots of mistakes. The posers are the ones who are never wrong and tell you after the fact about all their great trades, I can’t tell you how many mistakes I make year in and year out. I recently sold ARTZX. Looking like another mistake. For now in bonds hanging tight with emerging market debt, cat bonds, and the latest momentum trade - munis of all things. Munis have been hard to trade the past year+ with so many fake out moves and I have stayed away. But this time around with seasonality and a lessened supply calendar thought it would be worth a shot. But who knows, maybe another mistake.
Thanks @hank and @Junkster. One factor contributing to a rising market is that I haven't bought anything of significance in a long time. Everyone is welcome for my restraint.
Thanks @hank and @Junkster. One factor contributing to a rising market is that I haven't bought anything of significance in a long time. Everyone is welcome for my restraint.
@Old_Joe Please stay restrained. Just hope you make it to 90 and then can give us youngsters some advice on how you achieved that goal.
Candor is wonderful to see. I seldom buy or sell. Still holding my Latam banks. Last week sucked. But Schwab just upgraded one of them from "B" to "A." As ever, my confirmation bias is happy when such a thing occurs. No changes since... forever re: my mutual funds. Bought EWS (Singapore ETF) last week at a good moment, but it was barely a taste. BLX. FBP. ET.
Thanks guys. Individual stocks are a bit of a gamble. Their volatility continues to humble me. I did want to note that I’ve had good luck with a small stake in MSGS - purchased 2 months ago based on a Barron’s recommendation. Double-digit gain on that one. So, it cuts both ways over time. Yeah - FD is one of a kind for sure.
Comments