Yearly port question

[vansmak]

At what dollar value do you stop selling off your entire port every night? 1 billion? Or when you can get max shares of splitters? Just picking the brains of those who are way better at this game than I. Thanks in advance for any advice or tidbits of knowledge.

[Being]

I don't rightly know the immediate answer to your question -- my plan will be to start thinking about holding some once the night's next best purchase starts dipping below 2% div.

What might be interesting to know is how much one needs to invest each night down to that lowly 2%er.

I can easily do just that. Every morning I take a snap just before div, so if multiple price by 10,000 for all those above 2%, I'd get a max investable number.

This morning > $670 Million
Feb 14 - $1,204 Million
Feb 13 - $438 Million
Feb 12 - $1,255 Million
Feb 11 - $1,657 Million

[SiteWolf]

I'm going to guess that can vary greatly from one day to the next.....how many games, how many buys, how big the dollar value of those buys, do they play the next day....

Raises another question on my end. I've tried to more consistently sell off shares over 200,000 and regularly done so on Saturdays.....but I haven't necessarily done this in yearly ports.....I'm guessing most would agree I should, yes? That, too, would impact completely turning over a yearly port.

[StormJr]

I'm just counting the days until Being catches me in the monthly...

As Mr. Anderson would say...It Is Inevitable.

[SiteWolf]

Don't sell yourself short
.....because we don't have short selling in this game yet

[Being]

Originally Posted by StormJr

I'm just counting the days until Being catches me in the monthly...

As Mr. Anderson would say...It Is Inevitable.

you guys are giving me a run

[Being]

Originally Posted by SiteWolf

.....because we don't have short selling in this game yet

would be cool tho...you could double the stocks and not increase data entry. If I know that Weley Bryan is gonna get -5.5% then I buy negWesley Bryan and get positive 5.5%

[StormJr]

Originally Posted by SiteWolf

Don't sell yourself short
.....because we don't have short selling in this game yet

[ProneEisenrott]

$10B. That's when you can start buying > 10k of $10,000 stocks, which means that if they split then you can hold more than max shares (100k).

Until that point, there is always enough day-trading available and MLB right around the corner to consume your extra cash.

That being said, sometimes it's worth hanging on to a few golfers on Saturday if you know that they are likely to do well on Sunday (high in the money on the PGA leaderboard, for example.)

Also, there are a few NHL players who almost always get points (G,A) so they are good to hang on to if you want to put some of that extra cash to work, but typically there are always enough buys to go around each day so it probably won't be a factor until you are at least up near $10B anyway.

Just my thoughts from a lot of Yearly Comp experience.

Prone