We have to clean…

We all know that “Old Rule” about when you go about throwing stuff away from out of the attic ( basement or anywhere else in the house ) … “If you haven’t used it in the last 3 years it needs to go!!” There’s just something about getting rid of the old stuff that isn’t serving us any anymore and making clean fresh space that helps refresh our souls. Yeah your favorite rock that you found on your 2nd day of 3rd grade is a great memory, but do you really still need it?

Our stock portfolios / positions are the exact same way. I cannot tell you how many times I have heard investors hold on to losing or going no where positions only because “They knew it was coming back” Okay, maybe it does, now what? You wasted all of that time. The time aspect is bigger than the money aspect. Can you go to the store and buy more time? No, no you can’t, no one can. No one…. Time is a thief, it waits for no one. And when we sit in positions that are not producing we are actually losing money by losing time. This morning I cleaned my portfolio of positions that were simply doing so – so. A couple of them were even green. Just not moving much. That then allowed to to re-allocate that capital into other positions with proven strength. Right place right time, “Even a blind squirrel catches a nut once in a blue moon” That was me today. SPY and NVDA are the 2 that I added the most too.

This is todays Heat Map. If you threw a dart and missed green today it would be pretty hard

Invest wisely, live charitably and be well

Brother Bill

DISCLAIMER: All content provided in this newsletter, blog, webinar, video, chart, communication is for Educational and Entertainment purposes only. Nothing included or mentioned is meant to be construed or used as trading / investment / financial advice. Trading / investing carries risk of loss, losses can and do occur. NO recording aloud…Know your risk and risk of loss before taking on any financial endeavors. Past performance is NOT a guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing /  financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations  to buy, sell or hold any stock, future, options or bonds or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission first. 

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