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Stocks, Introverted Bliss

January 10th, 2012 at 12:52 pm

**When dh made the NFLX buy, it went up about 25% in a week or so.

I felt it was prudent to sell off the profits. Make 25% in a week or two? SHOW ME the money!

Dh didn't agree and we left it in. It went up further. HE said, "I was right."

Then it went into the toilet.

I figured all along dh just needed a reminder why we *don't do stocks.* So I wasn't overly worried about all this. Though maybe a little annoyed. My strategy is simply "risk adverse non-gambler." Which dh also is, but his brain goes out to window when it comes to stocks.

Anyway, my dad called me to tell me NFLX had hit 100. I wasn't near a computer yesterday and had no idea. (Not sure if dh is living, breathing the stock status like he promised me he would - like I didn't want to find out the day after if some news sent stock prices dropping. Likewise, prices getting back to my sell point - he should have told me). I told dh as I was walking out the door today that I was selling my 25% profit as originally planned (if not too late), but we could talk about snatching up more shares if it dropped again. I was waiting for him to argue, but he didn't say anything.

For reference, after trading fees and everything, I sold my 25% profit today.

I sold 1/4 our shares for about $300 and Amazon was at $175 or something in that realm, so I just snatched up one share of Amazon. We each have 1% of our retirement portfolio in stocks. I chose Amazon, but paid way too much (couple of months back), it seems.

Stupid quote from dh: "I forgot about the stock market as a whole." For when NFLX dropped substantially with the rest of the market.

Seriously dh? Seriously? Because losing $100,000 in home equity while trying to sell our house, when those planes hit on 9/11, that didn't do it for you? Completely unpredictable "out of nowhere" events can put the markets in a tailspin??? (I just don't know how you can lose so much financially in one random event and not be wary in the future. To be clear, not that I think our own financial whoas amount to a hill of beans when it comes to the Tragedy of 9/11. But, just saying that dh should know better).

See, I'd probably be better off if he lost miserably. He's a very smart, practical, risk-adverse guy. But just mention the word "stock" and his brain goes out the window. But, he is also not a big gambler so I don't foresee this becoming much of an issue. IT's just maddening to watch him relearn what I learned very loud and clear in the year 2001. We lost a lot, financially, that year. All those glorious tech stocks ended up in the toilet, too, lost several thousand dollars. The home equity would have recovered, quickly of course, but we had already bought another home and were moving - so just had the luck to completely ruin our plan and put us $100k behind. That sure was a financial lesson.

----------------------------------------------------

**I read "The End of Normal," by Bernie Madoff's daughter-in-law. Kind of interesting, very sad. Her husband (Madoff's son) committed suicide. They claim he (son) was totally innocent and that Madoff had stolen from several family members, etc.

More along the theme of "Your life can turn upside down in one instant" without you having a clue what is coming. For that, it was riveting.

**Randomly picked up "Moby Duck" and barely started, but so far is a really good read.

"Moby-duck: an accidental odyssey : the true story of 28,800 bath toys lost at sea and of the beachcombers, oceanographers, environmentalists, and fools, including the author, who went in search of them"

LIBRARY ebooks, of course!

**A friend flaked on me Sunday, so I finally sat and watched the first 3 hours of Battlestar Gallactica, with dh. I had tried before, but usually fall asleep (as I would watching anything post 8pm at night). But I was really dragging my feet on devoting the time, if all it did was put me to sleep so far.

Okay, so after those initial 3 hours, I am SO totally hooked. What an amazing show. Dh was right, which is why I kept trying. Every episode is 45 minutes, after the first two, so I can live with that. What's nice is we can watch it around the kids. (We have been watching HBO shows after kids go to bed and I am way off my schedule). So I told dh I would watch it if I could watch it after dinner - no more LATE bedtimes for me, during tax season.

So, yes, I was planning to be all social and all that, but instead I have been in introverted bliss. Worked all alone Saturday, watched TV and read all day Sunday, and now I've just got a few days to finish my Moby Duck (I got it before 2 other books that all became available about the same time, so is the last one I got to - didn't expect it to be so good?).

& financially? Not a heck of a lot going on. Like, nothing. I still haven't heard on that appraisal. I should probably call the CU and make sure they got it. Which would take me out of my introverted bliss. *sigh*

6 Responses to “Stocks, Introverted Bliss”

  1. LuckyRobin Says:

    Introverted bliss can be nice for a while, can't it? That Moby Duck sound cute.

  2. Looking Forward Says:

    Introverted bliss... love the name!! I second LR, it can be so good to be alone. Smile
    Can you please tell me how you made some of the text bold in your sidebar?

  3. MonkeyMama Says:

    "vB Code: You can use these tags: before the bolded words and [b] after, but you have to put a forward slash before the second b. I can't do it here orelse it will just make it bold!

  4. MonkeyMama Says:

    [/b] to end.

  5. frugaltexan75 Says:

    I think I have read the Ducky book, or at least seen it. Good book if I remember correctly. Smile
    I'm not much of a single stock person myself, but I did buy 50 shares of a particular stock that my whole dad's side of the family was heavily investing in. After I bought it, it went up almost ten dollars, then dropped to below what I paid for it, and is now again a few dollars above. Supposedly this stock is going to split sometime this year, and I'll double my money ... we'll see. My uncle has said that he'll pay me back any money I lose -- not sure how if he loses his own shirt in the deal. :shrug:

  6. Looking Forward Says:

    I tried that several times and it just wouldn't do it in the sidebar. I will try again. Thanks! Smile

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