Tuesday 12 January 2010

Know When to Sell

Don't sell just because the price has gone up or down, but give it some serious thought if one of the following things has happened. 
  • Did you make a mistake buying it in the first place?
  • Have the fundamentals deteriorated?
  • Has the stock risen too far above its intrinsic value?
  • Is there something better you can do with the money, that is, you can find better opportunities?
  • Do you have too much money in one stock, taking up too much space in your portfolio?


No comments: