Spiders
2024-10-16

I finally managed to sell all of my Schwab (SCHW) shares yesterday after holding on for what felt like an eternity. It was a huge relief and a great reminder that patience and emotional discipline can really pay off in the long run. When I first started buying the stock, the price dropped significantly, and my portfolio went deep into the red. But instead of panicking or selling at a loss, I decided to stay the course and even bought more shares to lower my average cost.

Fast forward to yesterday—Schwab released an excellent earnings report, and the stock rallied. I took the opportunity to sell and walked away with a solid profit. It was a reminder that while strategy and discipline are key, sometimes timing and luck play a role too. Yesterday was definitely a good day for me.

On top of that, I also managed to sell my Walgreens (WBA) shares, which I'd been holding onto for quite a while as well. Walgreens' earnings report wasn't as strong in my opinion, but I still saw a profit. I suspect the stock's recent surge might be due to other factors, like the company's plan to close some underperforming stores, which may have improved investor sentiment. Whatever the reason, I decided it was time to exit.

Overall, it was a day of wins after some tough holding periods. It is moments like these that reinforce the importance of sticking to your investment strategy and not letting short-term setbacks derail your long-term goals.

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