I like Novartis (NVS) and have owned the stock for over two years. During 2008, I decided to tactically move NVS from my taxable trading account to my Roth IRA. Today’s sale, at $49.35, concluded this shift. Though, I still have a relatively sizable stake in NVS. From my personal notes, here a classic case of buy low and sell high with my NVS trades:
bought 7/18/07 (taxable account)
$53.10
bought 2/5/08 (taxable account)
$48.75
6/17/08 bought $49.90 (Roth IRA)
sold 8/4/08 (taxable account)
$60.65
11/20/08 bought $46.20 (Roth IRA)
1/29/09 bought $41.30 (Roth IRA)
sold 9/28/09 (taxable account)
$49.35
I still own the bold purchases, all of which are in my Roth IRA (tax free account).
September 28, 2009
A classic case of buy low and sell high: NVS
Posted by ReasonablyThinking under All Commentary, NVS, Stock sales, short sales, Trade History, Trade highlights | Tags: NVS |Leave a Comment
I like Novartis (NVS) and have owned the stock for over two years. During 2008, I decided to tactically move NVS from my taxable trading account to my Roth IRA. Today’s sale, at $49.35, concluded this shift. Though, I still have a relatively sizable stake in NVS. From my personal notes, here a classic case of buy low and sell high with my NVS trades:
bought 7/18/07 (taxable account)
$53.10
bought 2/5/08 (taxable account)
$48.75
6/17/08 bought $49.90 (Roth IRA)
sold 8/4/08 (taxable account)
$60.65
11/20/08 bought $46.20 (Roth IRA)
1/29/09 bought $41.30 (Roth IRA)
sold 9/28/09 (taxable account)
$49.35
I still own the bold purchases, all of which are in my Roth IRA (tax free account).
Here is an alternate view: