[quote=Myriad]Seems like a good time to sell when a stock is at a high market cap relative all other stocks in previous history.
INTC/CSCO in the 2000s. Maybe MSFT, AAPL, AMZN these days.[/quote]
I dont know. Its just these days my risk appetite has fallen off a cliff. The saying goes when you are you gder, you can afford to take risks because you have nothing to lose.. As you get older, you spend most of your time trying to protect what you built. I can see that.
So I’ve been combing through all the individual stocks I own and figuring out who owns what, and removing duplicate investments just in case things blow up (again). For some of these high flyers, taking half off the table.
The exception is AMD .. I don’t own any shares, just a bunch of call options that expires Jan 2020, some of which were bought when AMD was $2.50-3/share, some when it was $20-22/last year. I’ll need to do something before the end of the year because they expire in 2020, and I’d rather book the gains this year versus 2020. Hoping for a good Q1 and Q2 to get out.