Stock Market - Who’s buying what?

[csodjd]

I am a SMALL investor-----not many $$$s----haha!

I sold a few of my holdings today at a value of less than $2000, to get about $800 in profit from the last month.

I just think the market will go down some in the near or distant future---so I can always buy those things again.

Not that I think I can "...time the market"----but I am at least going with the "Buy LOW, sell HIGH" theory.

If things keep going UP-----oops, I made a mistake-----I should have done the HOLD thing..............haha!

Hopefully in a tax free or tax deferred account. Otherwise you have short-term gains and lose a big chunk to taxes.

 

[#1 Cowboys Fan]

Hopefully in a tax free or tax deferred account. Otherwise you have short-term gains and lose a big chunk to taxes.

It's a IRA account, so I'm ok (I think?)

 

[csodjd]

It's a IRA account, so I'm ok (I think?)

Yes. That's perfect. Those short term trades in an IRA are great. Not so great in a taxable account.

 

[geekette]

I bought 300 shares of Carnival Cruise Lines, and 100 each of Norwegian and Royal Caribbean. They are very profitable companies that got hit hard but all have a very loyal customer base and I believe they will bounce back past their previous highs. Not only that, but as a shareholder I will received a cabin credit on every cruise I take once they are up and running. At the prices they were trading at, the savings on 8 cruises will literally pay for the 100 shares.
The demand for travel and to just get away when all the dust settles is only growing.

I agree with you. Cruising is not going to be forever punished. OBC is a nice kicker, a perk of ownership.