Originally Posted by Rothman
Proud owner of FBIOX and IBB. I hang onto FBIOX waiting for post retirement when I can go for 0% capital gains rate. I buy and sell IBB often, the volatility gives opportunity of 1-2% short term gains. Whenever it dives I buy and set auto sell level for gain. I do this with the gambling money portion of my portfolio.
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I've taken all my investment money out of FBIOX twice(tax defered). Now what's there is a just a bunch of profit. I'm going to let it ride.
I'll start playing with IBB whenever it drops, or appears too.