This afternoon, I finally sold my stock shares in preparation for the diversification of my retirement savings into index funds. I've been hemming and hawing over this for weeks, and I decided to stop trying to time the market, and just get the transaction over with.
So, with that in mind, I logged onto the brokerage website, and entered my "sell" orders. At 1:45pm, my 484 shares sold at $70.69 per share.
Fast-forward to the end of the day, and the stocks I sold have now closed for the day at $71.34 per share.
Consider me pwned.
I know my "loss" is only $316.42, which is peanuts in the scheme of my retirement plan, and since all these shares were purchased with a 50% employer match, my actual return on investment is still amazing, but it's kind of amusing to have such a jump so soon after selling.
I just hope that the index funds I'm buying into tomorrow haven't had the same kind of rally.