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Yesterday’s Winners
Are Today’s LosersIf you’re not actively trading stocks these days, chances are your performance
is as dull as the overall market — maybe worse.That’s a problem, because as investors, we tend to get attached to our holdings and hold on far too long. Yet, particularly during a market like
this, yesterday’s winners are often losers today.We should really think of a stock as a car instead of a friend.
Sure, it was new and shiny once, and the trip was fast. But then the ride gets rough,
and even after repairs are made, it doesn’t run quite as nice. At some point, it’s time to trade it in.So with an eye toward portfolio diversity, let me propose some trade-in trades designed to help you shed popular stocks now past their prime for
today’s leaders in the same sectors.
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