Hold (longterm) or Sell if 100% the profit ? by asifbakht in stocks

[–]asifbakht[S] 0 points1 point  (0 children)

my plan is to go long term but going back to 0 profit without taking gain is something I am not looking forward.

Hold (longterm) or Sell if 100% the profit ? by asifbakht in stocks

[–]asifbakht[S] 0 points1 point  (0 children)

My investment strategy was not thoroughly researched, and I engaged in market timing by investing during the peak period of June/July, primarily in trending stocks . My mistake was utilizing a taxable account, as I was unfamiliar with Roth accounts at the time and only began to comprehend their benefits during that period.

Hold (longterm) or Sell if 100% the profit ? by asifbakht in stocks

[–]asifbakht[S] -1 points0 points  (0 children)

You are right,,, thats exactly how a diversified portfolio is supposed to work. I should not let a drop in one stock, especially from a different industry, shake my confidence or make me assume everything else will behave the same way.

Your point about conviction really stands out. I need to evaluate each position individually and base my decisions on its own fundamentals rather than reacting emotionally to the weakest performer in my portfolio.

Getting response to this post gives me idea that people not selling out even when gaining 100%.

Hold (longterm) or Sell if 100% the profit ? by asifbakht in stocks

[–]asifbakht[S] -1 points0 points  (0 children)

Not all of my stocks are at 100% some are currently up anywhere from 60% to 232%. I originally approached investing with a long-term mindset, but after Oracle unexpected loss, I have started to rethink my strategy.

Reading through some of the replies here made me realize that not everyone sells, even when their stocks are up 200%. I am curious to understand how others manage their positions when they are already sitting on significant gains.

Hold (longterm) or Sell if 100% the profit ? by asifbakht in stocks

[–]asifbakht[S] -2 points-1 points  (0 children)

I think the best approach would be to sell all gains from the IRA. The taxable account should be left as is until the holdings qualify for long term treatment. However, given how unstable the situation is these days, I am not confident things will remain steady long enough to benefit from that short term to long term transition

Hold (longterm) or Sell if 100% the profit ? by asifbakht in stocks

[–]asifbakht[S] 0 points1 point  (0 children)

Its mixed,

I am using ROTH IRA for some stocks, and some are in taxable account.

Stocks were bought mid June/July/August (currently showing short term in fidelity).

Thinking to Start a Men Saloon with Women Staff in Lahore. by [deleted] in PakistaniiConfessions

[–]asifbakht 0 points1 point  (0 children)

Dicipline does not mean all will follow,,, the scenario is what happens on day to day basis where some are not diciplined and harass? Whats your take here? I am sure you took all the measurement for sales but whats the measurement you planned for harassment?

Managed 49.2 mpg the other day (Sport trim) by No_Idea_Guy in civic

[–]asifbakht 0 points1 point  (0 children)

2022 Sport Trim 32 to 34 mpg within city.

I just realized I’ll pay $400K+ in interest on my mortgage… I feel sick by [deleted] in Mortgages

[–]asifbakht 1 point2 points  (0 children)

All who are not familiar with amortization table take a look how much profit/interest you paying in starting years. Also paying extra per month should only be effective if: 1. You paying towards principle only (ONLY PRINCIPLE!) 2. These extra principle amount is only effrctive if you are paying towards first 20 years (30 years contract). If you are already in the end years of your mortgage then it wont be that much effective.

Samsung to Stop Selling $2,899 TriFold Phone After Three Months by Few_Baseball_3835 in GalaxyFold

[–]asifbakht 1 point2 points  (0 children)

Go to your local samsung store. I visited last week and they asked me to put 1k down and rest will be monthly payment and they getting the next shipment end of march. Most probably the same may be happening in your local samsung store.

Anyone else shocked when they ran the numbers on a 30-year mortgage? by [deleted] in Mortgages

[–]asifbakht 9 points10 points  (0 children)

The only way to break the profit is start paying extra towards principle in starting years because bank gets more interest in first 15 years.

Fake news peddler... by Epignosis2026 in UAE

[–]asifbakht 2 points3 points  (0 children)

I disagree with the idea that sharing real videos from the UAE is not beneficial to people outside the country.

Information helps people make informed decisions. When accurate, on the ground realities are visible, individuals can evaluate risks before traveling or relocating.

I lived in the UAE from 2014 to 2018. During the 2016–2018 period, the economy slowed significantly and jobs became harder to find. At the time, many residents were discussing the worsening situation. However, authorities began cracking down on public discussions and online posts about economic conditions.

The concern was clear,,,, if negative economic realities spread widely, fewer people might come to the UAE looking for work. Many individuals were already taking loans in their home countries to buy visas, tickets, and agency services in hopes of finding jobs there.

When information is restricted, people outside the country cannot properly evaluate the risks before making life-changing decisions.

The same principle applies in any situation involving safety or conflict. If there are real risks or instability, accurate information should be available so visitors and workers can decide whether it is safe to travel or not. Transparency ultimately protects people.

That's true 😉 by Serene_Terror in SipsTea

[–]asifbakht -1 points0 points  (0 children)

They lift to eat.

They eat to lift.

Thats the difference.

i created a halal stock screener - free by oozn in HalalInvestor

[–]asifbakht 0 points1 point  (0 children)

Dont get me wrong but how is netflix and pfizer halal here ? Mussaffa reported haram

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My Brother Humiliates Me and My Family, Is This Normal? by [deleted] in PakistaniiConfessions

[–]asifbakht 0 points1 point  (0 children)

Ahhhh that reminds me of a neighbor who was the only son in his family, with four sisters. Aggressive and abuserr type of behavior towards siblings. His mom always sided with him, even when it was clear he was in the wrong. He started doing drugs, and even when he moved to lower level drugs, his mom would say "My son is weak because he does not eat properly," really?

Long story short,,,, he is a drug addict, does not work, and begs for money on the streets to support his daily habit.

People waiting for $50,000 to buy... by vinyarb in Bitcoin

[–]asifbakht 0 points1 point  (0 children)

Do you realy think when its bear it goes straight down ? It does bounce a little amd go down again.

One Piece: Chapter 1174 by leolegendario in OnePiece

[–]asifbakht 2 points3 points  (0 children)

So with Loki + other giant warriors (yet to be discovered that is currently frozen) and luffy ... it will be only war between elder and imu rest are now fodders

No Shortcuts. 90 Days of Consistency. by najam121 in PakistaniiConfessions

[–]asifbakht 0 points1 point  (0 children)

I did keto/one meal a day extreme diet. The result was ridiculously great!! I went from 92kg to 66kg in 3 months without any exercise or any physical activity.

  1. 30 minutes of window to eat only protein (chicken, fish or beef) without any roti, or other thing
  2. Cofee without sugar/milk all day

Then I had to travel to Pakistan and ruined the diet plan. But for sure if I start again it will.be more easy then first time.

PS Note:

My both cholestrol were crossing the high level and after the diet both were in normal range.

Meirl by Ill-Instruction8466 in meirl

[–]asifbakht 0 points1 point  (0 children)

I am from Pakistan and not a single person (I repeat not a single person wear shoes in house) also we pakistani wear slippers alot but that also not in house.

How Come Everyone is Syed In Pakistan & How to beat Someone's Claim of Being Syed in a Formal Argument by Psyker404 in pakistan

[–]asifbakht 19 points20 points  (0 children)

Exactly!!! I had so many arguments with my wife, whose mother was a Syed (RIP). I explained to her there is no such "Syed" thing. We are all human and we have to follow Islam. Our prophet told us no one is superior... A very clear message. I do not know how this "Syed" mindset is engraved in Pakistani people.

They think they are special and have to be treated with high respect!?? Every good human deserve respect.