Continuing the theme of selling non-core holdings, today I sold Anheuser Busch InBev (BUD).
This was purchased during the summer of 2024 (June 25 2024 trades). I don’t think there’s anything wrong with the stock, but it’s near a multiyear high, and I’d like to lock in profits.
As to general market conditions- the S&P 500 continues to set records while pundits try to predict the next bubble. In over 40 years of investing, I’ve never seen such a hated rally and such drastic daily price fluctuations. We live in interesting times.
You can watch Joe and I discuss this and more in today’s episode of the Wealthsteading Podcast Ep530.
Learn more about Investable Wealth LLC at: About the Firm
—————————————————–