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Posts & Investments - #neversell

You can squeeze, and tighten and inflate all you want. I will never sell! Who wants it more?! Who refuses to quit?! Who will break first?! Who’s more desperate?! CRAVE CHANGE! #NEVERSELL #HODL #DIERICH #RIDETHEWAVE #shibtoadollar
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Invested in The RealReal
Sorry for selling you earlier this week😭😭😭 $REAL I just want to own some of the things I can’t wear😭😭😭 #neversell #dierich #loveluxury
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Because Volvo is, and has always been, a well-run, responsible, forward-thinking company that makes great cars. Most of the cars I have owned (five and counting, including two I still drive) have been Volvos. They are safe, easy to repair myself, and run forever. Volvo cars and Volvo trucks/heavy equipment have been under different ownership groups since Ford bought Volvo Cars from Volvo (which is still Swedish-owned) in the 1990s. The Ford 400 and Taurus of that era were basically just reskinned Volvo S80s. Ford sold Volvo cars to Chinese-owned Geely in 2010 after the housing crash, but the cars themselves are still manufactured in Sweden. Despite being under different corporate umbrellas as of 2022, Volvo Cars and Volvo trucks have both been innovators of zero-emissions cars and (especially) trucks for years. Volvo rolled out a hydrogen-powered concept car in like 1989, for example (styled like their current cars are, all the way back then). And you know how everybody's all jazzed about the supposedly revolutionary Tesla Semi? Well, Volvo quietly beat Tesla and everyone else to market with electric semi trucks years ago, already offers numerous models, and dominates the space in European markets with 42% market share: https://www.volvotrucks.com/en-en/trucks/alternative-fuels/electric-trucks.html They are way out front with electric heavy construction equipment also: https://www.volvoce.com/global/en/our-offer/emobility/ Volvo Trucks sells lots of units stateside, and also owns American big rig company brand Mack. Anyway, so I already invest in OTC shares of Volvo trucks and heavy equipment (VLVLY) at Fidelity, as well as Volvo Cars' parent company Geely (GELYY). Polestar is a total no-brainer. Straight to long-term with these shares, to be sold never. #longterm #neversell
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Sold TeslaInvested for 59 days
Made32.09%
Borrowing from Peter ($TSLA ) to pay Paul ($ZEV ), or feeding green to red. #trimming again, this time $7 slice @ $1083 from $65 original #fractionalshares position @ $830ish average cost basis per share. I think short term the price will come down some after the #stocksplit #dividend #hype dies down. After the split I’ll buy a full share on my #longterm #lookaway brokerage because this is a #neversell stock.
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Sold EVgoInvested for 70 days
Made45.65%
Borrowing from Peter ($EVGO ) to pay Paul (TBD but probably $ASML ), or feeding green to red. I just bought a share of EVgo on my #longterm #lookaway account. I guess that's my new strategy now— speculative trading here mixed with high-priced #fractionalshares , and #neversell buys over there. Here's 1 share sold @ $12.31 that I bought at $8.40. I previously had 10 shares on this at $11ish that I sold on the surge to and down from $21 in the fall. #electricvehicles #charging
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Invested in SoFi Technologies
#adding 1 share @ $8.90 to 4 shares @ $11.65 average cost basis (-24%), now holding 5 shares @ $11.10 average (-19%). This is NOT a #fintech company because every #finance firm is now also a #technology firm. The difference is that “fintech” firms are closer to or in the startup phase with venture capital backing, thus greater risk. SoFi has a lot of promise though. Previously swung this in 2021 in the mid $10s to $20s but now it’s #longterm #neversell #foreverhold #growth #possibilities
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Sold Lucid GroupInvested for 208 days
Made18.84%
Position closed, selling off last share @ $21.51 from 10 shares bought last year @ $18.10. I’m instead slowly accumulating shares on E*Trade, which is my #longterm #lookaway #neversell brokerage account for full shares, including a $20 #limitbuy order. It’s fair to say that the stock is overvalued on $TSLA overvalue hype. I sold the other 9 shares on the knife drop from $60-something to $30 per share. Moving the small realized gain here for #adding #fractionalshares on other stocks that I want to #averagedown here.
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Added indie Semiconductor to long-term portfolio
This is to be a #neversell so moving to #longterm so that I stop myself from touching it.
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