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[Premium] Goodbye Facebook
By Financial Independence at 35  •  December 29, 2020
Sold off 65 shares of Facebook at $268 last night. Sustained a loss of about USD $600 or about 3%. I cannot resist complaining about how Facebook rose 3% in late night trading. That was worth about USD $600, good enough for 20 nice meals. That’s the trouble with trading US stocks, as its difficult to stay up late. I have to make my moves in the opening hour. As much as I’ll like to stay up late to watch the market and prices, it really affects my sleep. Getting old. Selling Facebook was about reducing margin, and this should drop me to about $187,000 in use. I would like to reduce that to about $100,000 eventually. Still believe Facebook has plenty of potential, but with the incoming government lawsuits and its stagnant performance for the last few months, I’m alright to let it go. I’m also not a...
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By Financial Independence at 35
This records my experience of being a 35-year-old who reached financial freedom.
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