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Why I Sold Shares Before the Market Implosion.

Why I Sold Shares Before the Market Implosion.

Randall McAdory's avatar
Randall McAdory
Jun 21, 2022
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Why I Sold Shares Before the Market Implosion.
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Photo by Hakan Nural on Unsplash

Since January 24, Tesla stock has dropped 31%. Apple is off 20%. Google has declined 18%. Microsoft has shed 17% of its value. Amazon is down 28%. Nvidia lost 33%. GM is down a whopping 42%.

Why is January 24 significant?

That’s the date I reallocated to cash 40% of a portfolio consisting of the stocks of those companies. U…

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