03-10-2021, 11:27 AM
(03-10-2021, 11:18 AM)ken-do-nim Wrote: So once again GameStop is closing in on $300/share, and likewise my RETL index fund is soaring as well (GameStop being roughly 5% of the index). So I sold. This is now the second time I've sold RETL because GME got too high. Hopefully I can once again buy back in at a lower price once GME cools off.Volatility is our friend sometimes. I am certainly not a day trader, but when the market offers up foolishness now and then you gotta take some profits and not look back. GME might go to 1000, it might go to 20, or maybe both.
The funny/sad part is that I haven't contributed to my ROTH IRA since 2015, and even though I've been putting every cent I earn into my taxable brokerage account since this time last year and it was at one point $10k ahead, the ROTH has pulled ahead once again, in large part thanks to GameStop.
Crimson is probably picking out his Lambo today. I do hope he gets a black one LMAO.
