Electric cars coming to Arizona

[GasSavers_maximilian]

Nah. I have enough bridges already. Trying to cut back.

[ma4t]

With guarded enthusiasm, I am enjoying watching ETYL go to 15 cents today. I know what usually happens when one brags, so I'm putting in an order to sell my shares.

You know when you log in 4 or 5 times a day to check your investment, you probably have no business being in the market.

I just wish I'd known about Warren Buffet taking a position in Chinese manufacturer BYD. Of course, I don't even know if they're available in the US.
http://www.autospies.com/news/Warren...-Future-42977/

BYD already makes 65% of the world’s nickel-cadmium batteries and 30% of the world's lithium-ion mobile phone batteries. I think they know what they're doing when it comes to batteries.

M

[GasSavers_maximilian]

Congratulations!! That's great.

[GasSavers_maximilian]

Oh, yes, something to consider when investing. People talk about diversification by buying small amounts of multiple stocks, rather than a bunch of just one, but they don't talk about diversification by time much. Rather than buying and selling all your shares at one time in a stock, you can spread the transactions out over time. When selling, that strikes a balance between realizing the gains you've already made thus far and holding out for more potential return. When buying, it strikes a balance between buying the stock at a good price and holding out for it to possibly go even lower. Helps with the nail biting. Of course, it's got to be enough shares to justify the extra transaction fees and effort.

[ma4t]

Originally Posted by maximilian

Oh, yes, something to consider when investing. People talk about diversification by buying small amounts of multiple stocks, rather than a bunch of just one, but they don't talk about diversification by time much. Rather than buying and selling all your shares at one time in a stock, you can spread the transactions out over time. When selling, that strikes a balance between realizing the gains you've already made thus far and holding out for more potential return. When buying, it strikes a balance between buying the stock at a good price and holding out for it to possibly go even lower. Helps with the nail biting. Of course, it's got to be enough shares to justify the extra transaction fees and effort.

Good point.

The times I have a gain like this, I usually take out my initial investment, and let the rest stay in. So if I sell enough to get my initial investment back, and the stock tanks, I haven't lost any real money.

I would really knock myself if I sold everything and they went up again.

M