02-25-2022, 03:42 AM
Carnos Jax wrote:
I think Speedy was mostly in cash after selling off his Tesla shares back in January at $1200, with the intention of buying back in in February if things dip. Helluva buying opportunity right now (for stocks in general) for people sitting on cash.
Good memory, Carnos Jax! But I screwed that up. I was sitting on a fair pile of cash after selling TSLA (20% of our total worth, not just our stock portfolio). But my brokerage is Robinhood and I wasn’t happy with how their stock was diving, there being no protection whatsoever on cash held by the broker should they fail, so I bought PG, then MSFT (losing 1.8% and 4.4% respectively). I’m down about 8% overall with my total holdings which would have covered our living expenses for about six months (we live cheap, are retired and everything is paid for). I should have transferred the cash to my bank account right after selling…