Monday, December 05, 2005

Stock Sale - oops

I was looking at my investment portfolio this weekend, and I decided that it was time to sell my holdings in Healthcare Services Group (HCSG). So, I put in my limit order for $21.20. After it filled, I went to enter it into my little portfolio tracker. That is when I noticed that I bought HCSG 11 months ago. DOH! I feel sick. I did not realize I was so close to the one year mark, and the lower tax rate that goes with it. I should have just held it until next month.

Oh well. I did make over 60% on it, in less than a year. So that is good.

I put some of the money in a mutual fund, but I will probably buy into another company soon. I am thinking of staying in the general Healthcare area. Possibly Kindred Healthcare (KND). It closed today at 27.67. I could see it going up a good 20-30% from there.