October 4th, 2003

Don’t forget: Buy and forget it

» ,

It is a frustrating two weeks. I was bored and tweaked my portfolio two weeks ago (selling off CHRT at 7.35 and it close 9.16 today) and I pay dearly for my mistake.

It is not that I am angry with the lost gain. I mean I didnt lose any money on the trade and the money, really, it’s no big deal. I am angry at myself because I violated one of my own investment principles: “buy and forget it“.

I decided to blog this to remind myself of this painful mistake.

Current stock portfolio: CSCO (14.8%), FRE (19.4%), ISIL (29.2%). RSAS (5.6%), Cash (31%).


Read the rest of this entry »