into it. I invest mostly in Mutual Funds. Right now I am 100% in the
Janus Fund, which is up around 20% for the year. It has done good for me
so far this year. But with the mutual fund scandal Janus got involved in,
I am watching it like a hock. Any hint of a possible good size drop and I
am pulling the plug.
You can also look at what sectors are doing well and poor. Every Monday in
the USA today money section on the back page is a great chart to help you out.
At 01:56 PM 11/6/2003, you wrote:
>Jacob-
>thanx for the good advice.
>actually, beyond the exit strategy, I need a map for the next freeway <g>.
>am wondering where <outside of cf_community!!!> to put the profits to grow
>some more :-)
>trying to recoup my "investment losses" in the kids' tuition <ha>
>-Ben
>
> >10% trailing stop loss. Let's say it goes up to $15.00 a share for a high,
> >then starts to fall. At $13.50 (10% loss), I would start looking to
> >sell. Key thing is you need an exit strategy.
> >
> >Jacob
> >
> >At 01:58 PM 11/6/2003, you wrote:
> >>so everybody should have such a problem:
> >>
> >>About a year ago, I took a chance and bought a chunk of my employer's
> >>stock in my personal account. Bought in at $3.19 a share.
> >>
> >>Today it closed at $12.40, and has been going up quite a bit lately on
> >>good news.
> >>
> >>Price before they bought our site and the market turned south was about
> >>$13-$14.
> >>
> >>So, what to do?
> >>Keep it all, hoping for even more gains,
> >>Sell an amount corresponding to the original investment, getting my money
> >>out (so anything else is profit),
> >>Sell it all (take the money and run).
> >>
> >>And if I sell, where the heck to put the proceeds?
> >>
> >><sigh>
> >>
> >>-Ben
> >>
> >>
> >>----------
> >>[
>
>----------
>[
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