Tuesday, December 31, 2019

Know When to Sell

The top Dow stock, Apple rose 86% in 2019. It blew away the indexes, which rose an impressive 22%-34%.
It always happens. Whenever your humble investor takes profits, the stock price continues to go up after the sale.

A scant two months ago I sold Apple (AAPL) at $255. It had already had a marvelous bull run in 2019 (it was at $142.19 on 1/3/2019). Today AAPL closed at $293.65.

Apple still comprises the largest holding in my portfolio, so i'm not really disappointed. Just greedy, and we know what happens to pigs on Wall Street.

Here's hoping that we all have chances to be a pig in 2020, and may we exercise good judgment when the opportunities present themselves.

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