Why? I don't get it! Did you need the money?
•
88
•
@Alfred16 I can understand where he's coming from. The price is also nearing my exit point, and the risk of a broad-based market sell-off is growing.
It's better to set up a savings plan if you really want to hold on for a very, very long time.
That's my opinion :)
It's better to set up a savings plan if you really want to hold on for a very, very long time.
That's my opinion :)
••
@Alfred16 During very strong market phases, I also like to take some profits; otherwise, the high paper gains aren't of much use to me. Besides, ASML is starting to look quite expensive, and it had accounted for a relatively large portion of my portfolio, so I'm doing a minor rebalancing here. However, I still have a solid ASML position.
•
11
•@Artiskon Yep, some people have been waiting for the price to drop for over a year and have let all their returns slip away.
•
22
•@Artiskon I can understand the concept of a savings plan in principle. But what difference does it make in the event of a market crash? In that case, the shares from the savings plan would also be worth, say, 30% less and would either have to recover or might never reach that level again—after all, there’s no guarantee that the all-time high will ever be reached again. Even if you buy more shares at a potentially lower price, that doesn’t change the fact that the profit from the shares you’ve already bought is gone.
••
@IronEagle Everything's correct :)
Personally, I make a distinction between savings plans and one-time purchases. I let my savings plans run indefinitely—I don't check them and just let them do their thing.
I usually make one-time purchases in the hope of short-term gains and hit F5 1,000 times a day ^^
ASML, for example, I bought last year between 600 and 800, have already taken profits, and would slowly close out the position—simply because it’s a nice return right now.
Of course, this could go on for a long time; maybe we’ll slip another 30–40% with this rather volatile market—you never know. Then you’ll have to wait again until the current level is reached—if it’s ever reached again.
Personally, I make a distinction between savings plans and one-time purchases. I let my savings plans run indefinitely—I don't check them and just let them do their thing.
I usually make one-time purchases in the hope of short-term gains and hit F5 1,000 times a day ^^
ASML, for example, I bought last year between 600 and 800, have already taken profits, and would slowly close out the position—simply because it’s a nice return right now.
Of course, this could go on for a long time; maybe we’ll slip another 30–40% with this rather volatile market—you never know. Then you’ll have to wait again until the current level is reached—if it’s ever reached again.
•
11
•