How are your investments doing?

[DarkBlack]

So for example, if I have 3 stocks in a SEP IRA and a “cash” account and I put a sell stop in on them and say 1 goes down and the sell stop is triggered, is what’s left after the sell just directed into the cash account?

Another thought on your question…
Depending on your brokerage, your sales proceeds will go to your cash account, or to a money market, assuming you’re not setup for margin.
If your IRA is with Fidelity, for example, your sell proceeds should go automatically to a money market, which to you acts like a cash account to buy stocks again. Nice as you earn current MM rates, something around 4.x% now.
If you’re with Schwab, your proceeds go to your cash account. You’ll just have to go online and manually buy into a MM before 4:00, if you want the interest in the interim. You can buy stock the very next day from the prior day’s MM purchase if you want

 

[CH4Ohio]

That sounds like "buy high, sell low" I never sell at a loss.

Sounds good in theory. But if a stock tanks, selling at a specified loss would be better than watching it go all the way down.

I'd like to say that I never sell at a loss. But that would also imply that I'm not willing to get out when I should.

The discussion we've been having is about jumping into volatile stocks and taking advantage of short-term increases. If you're going to speculate in this way, you have to be ready to get out if it goes down and limit your losses.

 

[Hay Dude]

Another thought on your question…
Depending on your brokerage, your sales proceeds will go to your cash account, or to a money market, assuming you’re not setup for margin.
If your IRA is with Fidelity, for example, your sell proceeds should go automatically to a money market, which to you acts like a cash account to buy stocks again. Nice as you earn current MM rates, something around 4.x% now.
If you’re with Schwab, your proceeds go to your cash account. You’ll just have to go online and manually buy into a MM before 4:00, if you want the interest in the interim. You can buy stock the very next day from the prior day’s MM purchase if you want

Fidelity is indeed my trading platform (one of them), but my account is called “cash”, not “money market”. It is also FDIC insured.
From that account I can buy other stocks, or dump more money into FXAIX, or other accounts I have.

 

[kenmac]

My advisor (which handles my accounts) use to use Fidelity. For some reason, last yr they moved everything to BNY Pershing for the custodian

 

[Oaktree]

I had a bad experience with a Fidelity advisor long ago who had contacted us after we passed some level. We assembled our data and went to see him. After 20 minutes I realized he wasn't considering what would have been our primary income after we retired, our state government pensions. He said he wasn't allowed to include that in his analysis.

I also use Fidelity for some of my investments. Had a similar experience this past year where an advisor tried to pressure me into letting them manage my entire portfolio. I would have had to give them complete control to buy/sell stocks, mutual funds, everything. Sounded like an all or nothing proposal. Uhhh, no thanks.

I may not have Warren Buffet's track record, but I've done pretty well over the years. Don't really want to give up control.

Does anyone have any experience with Morgan Stanley? I have a small inherited IRA with them, and they've been trying to get me to move my regular IRA there too. Apparently they have some sort of family plan, where family members' assets are combined for purposes of determining fees (sisters have accounts there). I'm reasonably satisfied with the outfit that handles my IRA currently, but their fees are a bit on the high side.