%%overvalued stock

k_babysit4exit

My stocks could be overvalued, but I don’t bother to babysit them. The tcost and stress of babysitt is too high. My firewall would break, and the volatility would /boil over/.

I do need to reduce my positions in low-yield and unproven stocks. They are at higher risk of getting overvalued.

gold: current payout<0 i.e. rent #safebox

Gold requires holding term. Long term can be 20Y. The negative yield might become unbearable.

Gold has negative yield i.e. carry costs like a rent. I hope this can be small.

  • physical safe at home — https://goldsilver.com/blog/how-to-store-gold-at-home/. Safewell has $139 boxes to fix on the wall
  • custody cost at commercial safe operators like CISCO