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Posted On: 03/16/2021 10:40:42 AM
Post# of 36542
Hi Buildit.
Yeah, I know I may be sacrificing some long term profits but even if I'm able to sell off a few thousand more shares I'll still have plenty to recognize profits on the overall transaction. I have to go back and check but I believe I'm close to pulling my original investment already.
I'm very uneasy in this market overall so I'm playing almost everything with a trader's mentality and old enough that I don't want to take a major hit on my IRAs. I've only got 20-40% of my IRA money in play at any one time right now, which, for me, is very conservative. I'm a lot more conservative now at 73 than I was at 60 and I was a maniac at 50. lol
We'll see how NGIO works out and I'd love to see it rocket. However, I'll take my short term 3-15% chip aways on a few day's investment and seek out the stocks I believe will give me that type return. It's kept me comfortably retired since I was 55.
Yeah, I know I may be sacrificing some long term profits but even if I'm able to sell off a few thousand more shares I'll still have plenty to recognize profits on the overall transaction. I have to go back and check but I believe I'm close to pulling my original investment already.
I'm very uneasy in this market overall so I'm playing almost everything with a trader's mentality and old enough that I don't want to take a major hit on my IRAs. I've only got 20-40% of my IRA money in play at any one time right now, which, for me, is very conservative. I'm a lot more conservative now at 73 than I was at 60 and I was a maniac at 50. lol
We'll see how NGIO works out and I'd love to see it rocket. However, I'll take my short term 3-15% chip aways on a few day's investment and seek out the stocks I believe will give me that type return. It's kept me comfortably retired since I was 55.
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