I have 425 shares of IDEX, which I started buying when it was somewhere around $3.60 - $3.80 per share. It jumped up and I held only for it to come down. I’ve been buying more to average down and now I’m finally up (average 3.10). Any thoughts on dumping IDEX or holding? I know IDEX posted a profit at the end of Q1, but I’m not sure if I should let it ride or cash out and invest in something a bit more stable (or relatively known).
I prefer long term investing, I don’t dabble in options since I’d probably screw those up. I typically invest in ETFs and companies with good financials or strong future outlooks. Most of what I have now will be for my daughter when she’s older (she’s 7). I started too late for me, but not for her.
I’m thinking about adding to my Ford stock or to SoFi which I bought last week before the merger.
Thoughts on selling or holding IDEX?
Submitted June 03, 2021 at 02:30AM by timmy09877 https://ift.tt/3ieKoby
