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re: Selling stock to buy foreclosure

Posted on 1/5/24 at 9:12 am to
Posted by Drizzt
Cimmeria
Member since Aug 2013
12956 posts
Posted on 1/5/24 at 9:12 am to
Some of the bank stocks are up 30% so I was thinking of taking some profits. I think the regional bank sector could take a mini crash again if a few go down suddenly due to rate issues. I usually hold for 50-100% gains before selling. I could probably justify selling $20k for profit taking and HELOC the rest.

Thanks for helping me think this out fellas.
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