Cashing Out of the Stock Market

Cashing Out of the Stock Market

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For some reason, perhaps my hoarding tendencies, I still feel like the longer that I own stock in a company (as the value increases) that, through the price increases, I continually own more and more of that company.

That’s wrong.

There is zero connection between the two.

If I bought one share of Tesla at $60 and now it’s worth $180, sure, I made $120 (on paper) but I still only own one share.

I need to start letting go. Buy low and sell high.

Both of my Elon Musk stocks have earned me over 100% as of right now. Even the dud that Facebook appeared to be at first is up over 50%.

I should SELL!

I’m not so greedy as to *expect* returns that high — I should take the money and run, errr, re-invest in something I think is undervalued…

Here goes nothin!

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