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re: Stock Watch Thread

Posted on 7/28/15 at 6:13 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4133 posts
Posted on 7/28/15 at 6:13 pm to
quote:

My FB stock is up 25% over the last year or so. AAPL although is struggling. I may move it to FB once I break even.


Please believe me, I'm not being a smart azz. But why do you need to break even before you sell out of AAPL and buy FB? What if FB moves up 10%, while you're waiting for AAPL to move up 5% to get to that break even point?

It's just something that came up frequently in a book I read about the psychology of trading and investing many years ago. It's a very common thing for people to say and believe. Anyway, hope that trade works for you.
Posted by Omada
Member since Jun 2015
695 posts
Posted on 7/28/15 at 6:25 pm to
Which book was it Jag_Warrior?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10233 posts
Posted on 7/28/15 at 6:27 pm to
ACE buying Chubb, even if it gets held up, is interesting to me. Both should benefit from a higher interest rate climate, and both within reason are conservative. Nice yield(s). Chubb is trading at its buyout price, but I think ACE is attractive at current levels for the reasons mentioned above, and a bunch of others I won't bore you with.

I generally like regional property/casualty insurers, so this is a departure from what I normally do. We'll be through the 2nd quarter which is treacherous for a lot of these carriers. Having said this, both Ace and Chubb, given their national and international exposures, are tougher to predict from a cat. loss perspective.

Not very exciting. Most of what I do isn't.
Posted by Dodd
Member since Oct 2003
21061 posts
Posted on 7/28/15 at 9:59 pm to
Its not that I need it to. I just said that I may move it. I do understand your point.



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