Twitter.
97% is boring. 3% is pure awesome, and 99.9% of that 3% is nostrich and lonelysandwich. (via stupidinboston)Hey, thanks! If anyone’s interested, here are some Twitterers I particularly enjoy following for their ability to make me laugh (which is where I find most of the value in Twitter now):
- CcSteff
- Nick (Douglas)
- Avery Edison (A fellow Brit)
- Strutting
- Toldorknown
Too kind. If you’re looking for even more of The Funny™, almost everyone I’m following deliver on a consistent basis.
The Fairy Feller’s Master Stroke
Queen
(1973) Based upon the Richard Dadd painting of the same name. Posted because I mentioned it on Twitter last week.
Fritinancy: Twittering the Election
Rod Knowlton, a k a Told or Known, had a bunch of good lines, including “Barack Obama is our first open source president.” And this excellent pun on John McCain’s “that one” dismissal of Obama: “That Won.”Nancy Friedman’s always interesting Fritinancy (formerly Away With Words) is even more interesting today thanks to a mention of yours truly.
You've already lost money.
I believe that many stocks are still likely to fall further, so I decided to sell some of mine. If I’m wrong and this is truly the bottom, I’ll just buy back in when they’re a little higher and miss out on some of the recovery — and that’s the worst case. That’s not so bad. I’ll just have a smaller gain than someone who timed it perfectly.
But if I’m right, and stocks fall further, I’ll have saved a lot of my money from being lost by selling them now and waiting until an upswing to reinvest that money.
What’s your time horizon and confidence Apple will recover? You sound pretty sure they will, in which case the proper move now is to put more money in, not cash out. Trying to time the market, which is what you’re doing, is a sucker’s game at the best of times and completely insane in the current environment.
Also, if you buy back in (with only the present cash-out funds) at a slightly higher price than you sold, you won’t have a smaller gain. You’ll have a loss until the stock recovers and gains enough to cover the spread and your transaction fees.
