Originally Posted by trndobrd:
Followed the same strategy back in early April. Mixed in some restaurants, hotels and casinos. Wish I had thought about movie theaters.
In early April I was doing blue chips like DGX and MSFT that were still underwater from Feb. Then as they started to hit all time highs I sold most and moved into stuff like the cruise lines and oil cos.
By that time (June-ish) all the hotels, casinos and restaurants I could find seemed to be back close to their pre-covid highs. [Reply]
The portfolio of 13 stocks I purchased just after the 'COVID Crash' is up 206% as of the end of trading today. That just kills. The only mistake I made was not investing more money in each stock. I should have tripled up. [Reply]
Originally Posted by philfree:
The portfolio of 13 stocks I purchased just after the 'COVID Crash' is up 206% as of the end of trading today. That just kills. The only mistake I made was not investing more money in each stock. I should have tripled up.
Nice work. I’d consider taking some profit. At least to break even.
Originally Posted by philfree:
The portfolio of 13 stocks I purchased just after the 'COVID Crash' is up 206% as of the end of trading today. That just kills. The only mistake I made was not investing more money in each stock. I should have tripled up.
Fidelity opened up 2 new ETF's this week. FMAG and FGRO. I've been looking for a little more flavor in my usual etf's of Vanguard and ARK. They are both around 20 each so I picked up some of both. [Reply]
Originally Posted by Buehler445:
Nice work. I’d consider taking some profit. At least to break even.
Lot to be proud of.
I believe I need to wait till I've held them for over a year to avoid paying the short term capital gains tax. There's less than two months to go so I'm going to try and hang on till then. If the market takes a big hit from another event like the pandemic then I may just double down because as long as interest is kept so low it will bounce back pretty fast I think. I think!? [Reply]