Gyroscopic Investing

Too soon?
EDIT: I added some Berkshire shares.

My value ETF (which has an incidental banking concentration) has tanked much more than my other equity ETFs, so I’ve rebalanced into it.

So yes!

Smarter than the market pricing are we

I bought a tiny bit of credit suisse earlier.

dualstow wrote: ↑Fri Mar 17, 2023 1:37 pm
I bought a tiny bit of credit suisse earlier.

What percentage of your total investing portfolio have you put into each of these two recent bank investments?

When I was younger I had a lot of investments I wanted to make. But it seemed like I did not have enough investment money for them to produce anything substantial. Now that I am older it is the opposite. A lot of those investments in the light of my total investment money would be small -- therefore not much there to get excited about.

The Credit Suisse is like 1/1000. I will either add more nibbles over time or get rid of it.
The Berkshire is something I already had shares in, and that’s like 3% of pp+vp.

dualstow wrote: ↑Fri Mar 17, 2023 8:54 pm
The Credit Suisse is like 1/1000. I will either add more nibbles over time or get rid of it.
The Berkshire is something I already had shares in, and that’s like 3% of pp+vp.

So if Credit Suisse doubled today the effect on your overall portfolio would be about a 0.1% increase?

It’s small enough that I never think about that in terms of the overall. It’s just fun to sell things at a profit sometimes.

dualstow wrote: ↑Sat Mar 18, 2023 9:30 am
It’s small enough that I never think about that in terms of the overall. It’s just fun to sell things at a profit sometimes.

Thanks. Better understand your motivation. I do the same in other ways.

dualstow wrote: ↑Fri Mar 17, 2023 1:37 pm
I bought a tiny bit of credit suisse earlier.

How do you think this will affect your investment?

https://www.washingtonpost.com/business ... tion=alert

ECONOMY
Two Swiss banking giants combine to quell growing global bank crisis
UBS will take over beleaguered Credit Suisse, capping more than a week of speculation over the Swiss giant’s fate
By Abha Bhattarai and Rachel Siegel
Updated March 19, 2023 at 3:17 p.m. EDT|Published March 19, 2023 at 2:53 p.m. EDT

vnatale wrote: ↑Sun Mar 19, 2023 2:35 pm

dualstow wrote: ↑Fri Mar 17, 2023 1:37 pm I bought a tiny bit of credit suisse earlier.

How do you think this will affect your investment?
….

I see a share is now worth less than a dollar.

dualstow wrote: ↑Mon Mar 20, 2023 10:58 am

vnatale wrote: ↑Sun Mar 19, 2023 2:35 pm

dualstow wrote: ↑Fri Mar 17, 2023 1:37 pm
I bought a tiny bit of credit suisse earlier.

How do you think this will affect your investment?
….

I see a share is now worth less than a dollar.

What was the share price at the time of your purchase?

Good thing hour purchase was less than 1/1,000th of your portfolio!

More like $2
Yeah, glad i didn’t put 10K in!