NOK stock: 4500 shares of NOK | near $20,000 US dollar capital | keep learning

 March 8, 2021

Introduction

I am working on investment. One thing is that the stock market is too high and it should be a correction. What I like to do is to sell those NOK stocks and purchase 100 stocks in next 30 days, and also I will keep purchase back NOK stocks in-between. The idea is to push myself to learn more business using those $20,000 dollars capital. 

My idea

I like to come out some ideas to use my capital to learn more business. I have 1500 shares of NOK in my Ameritrade account and 3000 shares of NOK in my TFSA account. 

I like to take those stocks capital to invest something else, and then purchase back after every day. 

It is challenge since I have to work on short term investment daily using capital $7500 dollars in Ameritrade.com and then $15,000 dollars in my TFSA account. 

I also think that NOK stock will go down more before it rebounds. 

The benefit is to limit my total position's value in case there is a big correction in a day. I am still a beginner, and I like to learn more how to invest using limit capital. 

Another thing is that I should think about the strategy to get those NOK position back, still have 4500 shares of NOK. I do believe that one day NOK stock will go up more. 

Actionable Items

After careful consideration, I decide to loan those $22,000 US dollar to support Nokia as a company. There are over 10,000 layoffs in Nokia. There is nothing more Nokia can do for investors. 

I do believe that it is better for me to focus on my research talent, and find those biotech stocks, and use my existing $20,000 dollars on my IRA account to invest those stock short term, like VIMT, two business day to purchase 500 shares from $11 and sell it next day $19 dollar/ share. I can continue to grow my IRA account. Also my research talent is toned and I am more confident as an equity researcher.