I sucked so bad at managing stock, I sold it all and went completely mutual funds.
I bought apple at 87.00 this year and sold it at ~93.00 (have you seen its recent high?). Bought GM at around 2.50 when they first got a bailout then held it through ~6.00 and finally lost it when they halted trading on the symbol. (Oh, it'll rebound to at LEAST 10.00 I kept thinking.) Think "Trailing stop" (Research it if you don't know.)
Lost about 6K this year in my short holding stock account...Bye bye ameritrade. I had to stop fooling myself into thinking I could figure the timing out.
If I could just get a time machine and go back a couple years and short the housing/credit markets.
Rides:
2003 Suzuki Volusia 800 (too small, sold)
2005 Yamaha Road Star Warrior 1700 (Awesome - medical reason forced sale
(Unfortunate, Unscheduled, Car Induced, Violent Bicycle Dismount)clicky details)
2006 Suzuki VStrom 1000 (GREAT deal forced trade)
2007 Yamaha FJR AE 1300 (FJR: Freakin Japanese Rocket)
If talking politics is out, how am I going to find out who the Idiots are?
So many beers.....so little human blood volume.
Just because you aren't paranoid doesn't mean they're not out to get you.