1Wk·

Profits taken

Now I've done it after all and taken some profits on Palantir. Part of it is still there. Now I'm looking for a new investment for 10k. Single share or rather split into my Nasdaq100 ETF and gold position 🤔

16.10
Palantir Tech logo
Sold x67 at €155.01
€10,385.35
726.38%
32
11 Comments

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It makes sense to find an alternative investment BEFORE you sell. Otherwise you might get the idea that the 26.35% tax was unnecessary. If you then read that the alternative is the same sector and Palantir is included in the ETF mentioned, I would have kept one of the promising AI shares until AI gets going.
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@gloinvest Fully agree except for the last half-sentence 😂
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@DrWindbeutel the ENTIRE existing computing infrastructure will be replaced by AI-AC. AI has not even started to move into layers 2,3 and 4.
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@gloinvest or the tax pot is so full that it doesn't matter.
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@Mark777 If you have accumulated a bulging pot of losses in this market environment, you should also think about whether it is better to leave stockpicking and market timing behind.
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@gloinvest The pot of losses can exist for several years - and questioning stockpicking/market timing at +750% is not bad either :)

Slept a little badly?
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@gloinvest Hi, I actually had a full loss pot. But it had been there for almost 2 years. Bottle decision made at the time. I didn't pay a cent in tax, if that makes you feel any better.
With quiet trading and stock picking I managed to wipe out my losses from earlier days.
Are you better off now for the weekend or would you like to analyze me for a while with half your knowledge?
I think partial sales are good, but I would have stayed in 🙈
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At the moment, I would keep the cash together 😳
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Taking profits is never wrong, keep your cash together and strike at the next setback ☝🏼
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