One
of the hardest parts about investing is knowing when to sell. The
market is up again and some of our community favorites have made significant
gains. It’s not as much fun to think about selling stocks but
maybe it’s time to.
Fortunately
for you, you belong to a club where you can talk through your thoughts
with others to help you make your decisions.
If
you’d like to attend another club meeting to get some more
perspective, you’re all welcome to attend the ManifestInvesting
Challenge club meeting. It will be held tomorrow
night, Wednesday, April 14 at 8PM EDT online. You can
register to join at www.bivio.com/club_cafe
You’re welcome to participate in the discussion or just listen for
ideas.
I
know I want to see if I can get some advice on what to do about
Chipotle. It’s had a great runup in
price. Should I be counting on there being lots more
people out there who are hungry for burritos?
It’s
always fun and educational to come to the Challenge Club meeting. The
all-time annualized total return for the club since 9/3/1999 is 6.8%
versus 1.2% for the total stock market. This means they had
a relative return of +5.6%. Not too bad. Probably a good
group to spend a little time around. Hope you can join us.