How I Knew to Sell Nearly $160,000 of Stocks Before They Fell
Before the market opened on April 8, 2024, I published an article in which I talked about how I had just sold nearly $160,000 of stock, the largest single sale I'd ever authorized. Not only that, I declared that I'd happily do it again.
Over the two market weeks since that piece was published, the S&P 500 has fallen more than 4.5%. If I had still been holding the investments that the account previously held, I would have lost more than $7,000 of value from that account over those past two weeks.
Instead, as it's sitting safely in FDIC-insured certificates of deposit (CDs), the money in that account is actually gaining value through the interest it accrues. Of course, that timing raises a key question: How exactly did I know to sell nearly $160,000 of stocks before they fell?
Source Fool.com
