Locked in stock market profits. Sold facebook

in #money7 years ago (edited)

Hello steemit nation

I bought my Facebook stock over 2 years ago at $91 USD per share.

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I could hear Jim Cramer saying ( SELL SELL SELL)

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Because Bulls make money and Hogs get slaughtered

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In my opinion, it’s always good to lock in profits. I was up over 100 percent, so i sold my initial investment and kept my profit in. Let it ride on the house money.

Since there are legitimate concerns about a huge stock market pull back. Figured it’s a good time to lock in my profit..

Will probably move it into metals on a pull back.

Disclaimer: I am not a financial expert

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You're selling your FB stock? Congratz on the excellent returns. Where you gonna stick those funds? I'm not a financial expert either... but I would advise against the fiat under the mattress approach 😛

Lol, yeah I sold my investment and kept the profit in FB. I’m getting nervous the market is due for a correction. and Zuckerberg politics is not helping matters..