Wednesday, January 15, 2014
First MFI Rule Breaking
Remarkably, even with the NUS flame out, I am up for the day. That is the advantage of NUS only being 3.4% of my total portfolio.
Now that the day is done, I am mini-regretting my early sale. The math goes like this: I bought them at $41. I sold at $116. That is a $75 gain per share. At a 40% tax rate, my final gain per share is $45. At a 20% tax rate (the LT rate), my after tax gain would have been $60. So, unless NUS drops below $101 ($116 - ($60 - $45)), after tax I would have been better off to wait the final 12 days. Oh well, what is done is done. We all have moments of weakness and let our emotions win (though I am pretty sure that was one of my resolutions).
Still spending a lot of energy thinking about my February 2014 tranche. Here is list of candidates:
Avg, ATVI, RPXC,SNDK,NSR, CSCO, GSOL, MGA, LQDT, DHX, COH, EGL, PM, ALLE, BAH, PFMT, KLIC and FL.
I will likely lean towards larger cap stocks. So CSCO, SNDK, COH, ATVI and NSR is certainly a likely combination. ALLE is interesting, they are a spin off from IR back in December. I am still trying to decide if they qualify.
Posted by Marsh_Gerda at 9:53 PM