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I generally consider myself a pretty rational investor but today I finally closed a position and it oddly effected me deeply. I bought it right after its IPO and have held it the entire time since (multiple years).

It performed fairly well, but I reached the conclusion that I wouldn't invest in it at these prices and don't really feel comfortable holding it for 5+ years, so it was time.

Just putting in the sell order was tough. I felt like I was betraying my shares. Like they'd done well for me and here I was dumping them off into the market. It was like it was my baby I'd been with since IPO and I was abandoning it after all this time.

I know selling at a profit is never supposed to be a sad thing, and I know it was a rational time to finally part ways, but it still made me really sad.



Submitted November 27, 2018 at 02:11PM by Mr_Find_Value https://ift.tt/2KCDgmI

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