I Just Sold, Here's Why | Joseph Carlson Ep. 247

In this episode we discuss me selling a major portion of one of my largest holdings. We also discuss Target guiding earnings lower and Apple's new WWDC yesterday.

00:00 Intro
01:48 Why I sold
18:44 Target forecasts lower earnings
27:30 Apple world wide developer conference

Have a question for me?
(I won't share your name if I use your question on the show)

This show is for entertainment purposes only and not to be considered financial advice. Some of the links above are affiliate links that help financially support the channel at no cost to you.

[JosephCarlsonShow]

It's included as part of the Patreon and we recently just released a huge update that's getting a lot of positive feedback.

[carlcrawford]

No Joseph, please don't become a crypto bro

[JohnDoe-ggkc]

This thesis is getting away from your original for the dividend fund, in your words, if the fundimentals of the company dont change then you dont sell

[watchingitallhere]

I see the inclusion of VICI in the S&P as a long term win. More on investors radar, more exposure to funds buying/holding it. VICI goes higher. I am Holding.

[tonyhooyer]

Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market, any pointers on how to make substantial progress in earnings?would be appreciated 😇,

[theweeklymoneyreport]

Joseph, your honesty and transparency is what makes your channel great. Thank you for sharing the good and the bad.

[yandrygonzalez]

You dint mention why you sold out of bst or Schg but hey you do you my brother.

[nickc]

That's fine bro, I'll take your shares 🤙

[trigger]

You gotta learn to read the market...DIS example. Your trading horizon is very long term. Learn and grow. GL and stay at it.

[pokeedmund]

Would love to see a dedicated video on when to sell, that really is the hardest thing to do (especially when the market is doing well)

[mike_v]

Hey Joseph! what are your thoughts on Ben Felix and his take on the dividend strategy?

[Gary]

I like the new Joseph turning into Warren Buffett. Buy low sell high. Nice breakdown of AAPL.

[mikelinsi]

Joseph, be aware on the Crypto Exchanges. Stock can be, not Stock! They can be decentralized stock! Specifically when you can trade them 24H, this is mostly done over the blockchain... which is nice and an interesting topic.

[GregRutkowski]

Your link uses a app for the phone...I never use my cell phone for money management...can I still give you credit via the web page?

[calebproctor]

Joseph I love your content. Ive noticed in the last couple years you are moving in and out of positions long before giving time for your thesis to play out. Why arent you letting time do its thing? arent you going to experiencing a ton of short term tax drag on this account with these moves in and out?

[georgmar]

Congrats on being sponsored by FTX bro. They are sponsoring many of the quality financial content creators that I am following.

[ReesesPieces]

If you believe in the company you should hold. Anything else is market timing. You will get burned.

[thomasrose-gray]

what happened to your growth portfolio?

[RyanAus]

Would love to see the journey in learning to sell covered calls

[Lord_Falcon]

Buffets "never sell" advice is more for retail investors that don't do proper valuations and have a high likelyhood to trade emotionally. It's the same people he tells to just buy the S&P a little every month. It's solid advice if you really can't be bothered to learn but for those that have control of their emotions or simply don't touch their accounts if they're not in the right frame of mind then trimming positions or selling entirely once a company becomes highly valued and there are other great opportunities is just fine.