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Calamos Growth A Message Board

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  • marlonbrandofan marlonbrandofan Oct 23, 2007 9:29 AM Flag

    Knowing when to sell

    I know it sounds crazy to do so, but honestly, i cant argue with the results, and that is what matters in the end. Your advice is the same i give to others.

    However i only moved into this fund recently, and i gained so much money so quickly, and with a belief that the market was going to face a pull back due to the credit crunch i decided that a 20% return in two months time was enough so i pulled my money out.

    I then watched the markets melt a bit, and decided to put my money back in. Sure enough, my entire portfolio is up 30% in just a few short months, largely thanks to this fund.

    You cant sustain that kind of growth. Especially in this economy. Im not day trading here, and i am adding risk that i wouldnt advice to others, but Ive done well doing this. Even so, i appreciate your advice, and its good to stay grounded about all this.

 
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