A story about the Dot Com bubble, some profit taking, exit strategies and money vs capital

Compound that interest, bitch.

I always keep a 10-15% cash position so I can take advantage on dips or other opportunities. This capital has had a ridiculous payback over the years. This is not money, this is capital. I have a savings account with 3 months salary. That’s money.

For every 20% growth I take home for example 20% of the profit. So in G-ME for example I started buying early and by $90 I only had profits invested. By 300 I had sold about 2/3 and on the way down I dropped the last stocks at 115.

Having your account in 10-15% interest really isn't efficient for the long term. This could cost really lower your profits in the long term.

And constantly trimming your winners has the same effect.

I respectfully disagree with most of your market timing strategy.

/r/investing Thread