Well, I have had some nail biting to do as this young investor had to make some choices! I’ve got100% of my stock portfolio in tech stocks. So obviously, I wanted to get out of some tech and get into something else. But what?
My answer ended up being Calgon Carbon. This is a company that helps communities clean up their water sources. This companies exhibits two qualities I like in an investment, something I can tell people I own and not flinch, and a company which is profitable.
My "dilemma" was that I am stock on Sirius right now and I may even end up selling my position Monday depending on how it reacts on Stern’s first show. My thoughts were… "Double down on Sirius or get out altogether." I chose option 3 and split my position. Nothing too shocking, but it is a minor deviation in my strategy.
Leave a Reply