I admit, with the many highly overvalued stocks plaguing the market and fears of a bubble and federal pullback with increased interest rates, I’m feeling tepid over the future and have decided to minimize risk by selling off a few stock assets.

Only stocks where I’ve experienced a gain have been sold, and I’m waiting for a sell signal on the other stocks I’d like to offload before the end of the year. Once I have a clearer picture of where I want to place assets for the long term, I’ll hop back in on the stocks below some time in 2022 and keep a running list of industries where I feel interested in its activity:

  • INTC (Intel) – Sold for a 2% return.
  • GOOGL (Google) – Sold for a 1% return.
  • PLUG (Plug Power) – Sold for a 7% return.
  • MSFT (Microsoft) – Sold for a 5% return.
  • NFLX (Netflix) – Sold for a .25% return.
  • GM (GM) – Sold for a 25% return.
  • VMC (Vulcan) – Sold for a 1% return.
  • AAPL (Apple) – Sold for 3% return.
  • TSLA (Tesla) – Sold for a 16% return.
  • BA (Boeing) – Sold for a 6% return.
  • BLNK (Blink Charging) – Sold for a 2% return.
  • COIN (Coinbase) – Sold for a 1% return.
  • UBER (Uber) – Sold for a 1% return.
  • COST (Costco) – Sold for an 8% return.
  • ZEN (Zendesk) – Sold for a .12% return.
  • PDD (Pinduoduo) – Sold for a 4% return.
  • DASH (DoorDash) – Sold for a 19% return.
  • RBLX (Roblox) – Sold for a 24% gain.
  • CME (CME Group) – Sold for a 2% gain.
  • VLTA (Volta) – Sold for a 13% return.
  • CHPT (ChargePoint) – Sold for a 2% return.
  • RIVN (Rivian Automotive) – Sold for a 26% return.
  • LCID (Lucid Group) – Sold for a 20% return.
  • PAVE (Global X US Infrastructure Development ETF) – Sold with 0% movement.
  • VOO (Vanguard S&P 500 ETF) – Sold for a 5% return.
  • SPY (SPDR S&P 500 ETF) – Sold for a 5% return.

I purchased NRDS (NerdWallet) during its initial IPO for $18 per share and want to sell to lock in the 40% gains I’ve experienced, but waiting the needed 30 days before selling, otherwise, the move will be labeled an IPO “flip” and won’t be able to participate in IPOs for 60 days. I’ll decide later if NerdWallet fits in my long-term investing plan.

Although I sold both Lucid Group and Rivian Automotive stock, I’m happy with the gain I experienced through their run after the announcement of the signing of the Infrastructure Bill and will re-invest in the future of EVs after I’ve developed a more structured strategy.

Final Thoughts On the Market

I don’t necessarily believe we will hit a crash as widespread as we did in 2008, but I’m confident we will face some market pullback through the winter and into the beginning of 2022. This pullback will be due to a slight uptick in Covid cases and restrictions and decreased stimulus dispersed through a period of inflation, an interest rate hike to follow, and then depressed funds available to every household — affecting the overall gains of market-wide investors.

After the market adjustment? Buy until you’re blue in the face.