in this video i am going to explain my thinking about selling my twitter shares
and buying something else so you'll see that i've bought two lumps or tranches of twitter shares
the first was on the 12th of july 2017 about 130 shares for 22 dollars and that stood me 2 4 3 8
in euros then i came back in july 2020 i bought a further 125 shares at 33 dollars obviously at
this stage they're showing me a nice profit but i go in and buy some more and that cost me 3690
so the shares that i currently hold 255 shares cost me or stand me including
the fee etc to the gyro around about 6128. so if we go on today then to see
what the value of the shares is let's just have a look at that now
so the shares closed yesterday today is the 16th of november 2021 the shares closed yesterday at 53
cents u.s dollars and if we come down here you'll see my position of 255 shares are now worth 13 525
and you'll recall that i they stanley 6128 now the 13 525 is gonna have to be converted back to euros
but uh according to this i have an unrealized profit of 5755
on my original investment of 6128 but i am not a hundred percent
whether that is only for the year 2021 or not because obviously 6128 euros is what i spent
but having said that yeah 13 525 maybe converts back to around about 11
000 euros and that's giving me an unrealized profit of five seven five five that's an initial
investment of six one two eight and we'll just take a look at one more uh statistic
we're back again here with the twitter
so here we go 53 cents uh sorry 53 us dollars my 255 shares now has a value of 11 887 i originally
spent as you know six thousand or there about 6128 so i have an unrealized profit of 5754
and uh there's a small currency profit loss bottom line is i have an unrealized profit of 93
so it is my intention to sell those shares and
buy them buy something else with them now i have identified a couple of other shares that i'm going
to buy um i'm kind of switching my attentions to shares in the uk and have been doing for the last
12 months or so since the whole maybe even longer 18 months since the whole brexit and
situation dampened the share prices in the uk and i've opened another folio there
our portfolio rather with davey stockbrokers and it is going
quite well going very well in fact and i'm going to sort of focus my energies
or my attentions rather on probably on uk shares that's not to say that i'm not going to hold on to
united states shares i hold for example the best share that i have actually is alphabet which is
google and then i have amazon as well and i have twitter and snapchat they're all good but um
i want to focus my attention i think on uk shares because i'm able to do more analysis as i swear of
the companies involved and i actually come across companies from time to time perhaps carrying out
redundancies and that sort of thing which gives me an insight quite frankly into the company
and what way they're operating and so on it gives me a bit of information about how a company might
be approaching but that's why i'm selling twitter i'm selling twitter probably because i can buy
something else not because of the profit not because of the price i bought out although that's
very nice it is a nice profit i mean practically double doubled my initial investment but i want to
probably cash it in and uh replace it with some uk shares that i've identified i'll probably make
another video about the share or shares there's two shares in fact one in particular though
that i've identified which i want to invest in and that's really why i'm catching this
and want to replace this and i want to start a sort of uh policy of uh going through my folio
my portfolio of shares fairly closely on a regular basis i used to just buy them and hold them
now i want to go through them more closely and i want to try and tweak and replace certain shares
with what i consider to be better shares but they must be better shares and that is the only basis
on which i would be replacing them or selling them uh in order to replace them with better shares it
doesn't make any sense to be guided by the price that i bought at or the price uh whether i'm
the price is up or down what makes sense is that i might be able to get a better share what
i consider to be a better share and i may take my profit or i may incur a loss but that's the way it
is if you find this video useful and appreciate if you give it the thumbs up down below and if
you're interested in more videos about buying and selling shares and that type of thing let me
know in the comments below i probably will make a video about the share or shares that i am going to
buy to replace my twitter shares and i'll give an explanation as to why and so on