Returning to the topic;
I sold a little of the wife’s portfolio this morning, as the market went up. It’s a retailer who’s already warned of supply line difficulties for the coming 2 quarters. I took my profit and left.
She has a larger position in another company, with a very large profit (so far) and since it has a stunning balance sheet, and little debt to cash flow, I’ll be putting in a stink bid for more of that stock.
Both my accounts (RIF = US IRA) and TFSA which is an after tax investment account with no tax consequences upon withdrawal, are waaay under water. I’ve identified the weaker companies, and once they’re marginally in profit, I’ll redeploy into faster growing companies.
Young enough to remember doing it;
Old enough to wish I could do it again.