Showing posts with label GE 500 shares on May 22 2020. Show all posts
Showing posts with label GE 500 shares on May 22 2020. Show all posts

Sunday, January 10, 2021

GE stock: My lesson as a beginner

 Jan. 10, 2021

Introduction

It is pandemic and full of opportunities. I was so busy to trade GE stocks, and now it is 100% gains compared to one of my purchase 500 shares back in August 2020. I like to write down lessons I should learn from. 

GE stock

Here is the history of my purchase in my Ameritrade.com IRA account. 




Actionable Items

I should budget $5000 dollars from my $20,000 dollars capital in IRA, and then build positions starting from March 27, $7.76, May 15, 5.52, and then hold 1000 shares of GE until January 2021. 

I do not need to worry about those six months. I should invest more when market goes down. Do not worry about bankruptcy. It is best company for me to invest. 

I should spend time to take care of my fitness, and enjoy the outdoor activities, and work on other projects as well. 

Do not worry about money. As long as I have a job, I do not need to worry about market swings. Try to build positions at lowest price.