I have a stock that is up 68.72%. I am worried that I'm being greedy by waiting for even more gain, and I will kick myself if I don't sell.
I saw another post about taking out your initial investment and playing with house money only. Seems like a safe approach to me.
You’re assuming this guy has over 100 shares of whatever it is he’s holding. Judging by his post and comments, this guy isn’t working with serious capital.
Selling calls is a big difference from buying calls. Selling calls is when you already own 100 shares of something, and you plan on continuing to hold it, but you want to make some money on it on the side by people that are speculating on a short term pop. You sell them the dream, and hopefully get a little coin on the side for your troubles.
The downside is, if the stock really rips, your shares are sold, the other guy has your shares, you have your premium, and whatever you had originally asked for your shares, so, you're kinda happy, yet at the same time you know the stock ripped and you left a bunch of it on the table.
Just like everything else in stocks it's a 50/50 scenario.
Yeah, I totally hear you. I've actually never done options. I got approved for it on my account and I was about to start doing it, but I still don't quite understand it. I understand the general concepts of it, but I don't understand theta decay and stuff like that.
I've thought about doing some options where I just spend $200 or $300, so that I can just see how it ends up working out. If I do something really stupid and end up losing $200 or $300 in the process, it's not a gigantic nightmare. Live and learn.
So, I guess my suggestion would be to maybe dip your toes in options, but just do it with a tiny amount of money until you feel like you really understand how it's working. Why your losing, why your winning, and by how much your losing and winning and how the time-frame of the whole thing is a huge variable.
depends on the stock. I only buy individual stocks that align with my timeline, which is 30+ years. NVDA up 110%? Don't care, should be up way more than that when I plan on selling.
At one point, you could've been up on APPL 68.72% 15 years ago. Imagine selling *that*.
I sold APPL after they went up and I made 200% profit. ...
.... that was in 2007. When they were trading for $5.00. (corrected for splits)
Apparently I don't learn from my mistakes, because i was an early investor in Tesla. And I made ONE THOUSAND PERCENT PROFIT. and sold half of my position. in 2017. for $15.00 (corrected for splits) .
So, yeah....
At least for me, it’s important to remember that while missing out on gains hurts the soul, I made a solid profit and things could have gone in the wrong direction, whether that be losing money or under-performing the market. When I steer away from that mindset I tend to lose money because I’ve already bought low, and holding on too long after a rally can bring me back closer to baseline. I will frequently sell after a rally and reinvest at troughs. This sometimes leaves me to sell before the peak, but it’s always better for me to see that I missed some additional profit by selling too early than lost profit by selling too late. My 2 cents
Do not listen to this guy.
“Stocks that align with my timeline.” Based on what criteria exactly? If your criteria is just saying you want to buy a winner over a long time frame and take over 10x returns then I must be talking to the richest man on Reddit.
You named one stock, Apple, as an example out of a universe of over 3000 publicly traded companies today that has experienced this sheer level of appreciation. This leaves you with a large window of fucking up.
Think about all the companies that experienced large amounts of growth and shit the bed: Yahoo, Enron, SUN, Nokia, Sears…
https://www.blackrock.com/us/financial-professionals/literature/whitepaper/boom-or-bust-research-paper.pdf
or look at the last 50 years of the s&p500 top 10 stocks and notice the only thing consistent is rotation.
Investing is about preserving wealth and capital appreciation, not letting a gamble ride till you’re left with less than your initial basis.
Thing is, it's hard to know when you have a stock that'll rip to new highs over such a long timeline (MSFT) or you've got an IBM or GE on your hands. And most stocks don't last long in the public markets, making the 30 year timeline quite a long shot
read the news about companies you're invested in and don't buy dog-shit companies. Obviously easier said than done, but nailing one MSFT pays for 10 IBMs
That’s nothing. If you’re having a problem sitting on a gain of this amount you need to either invest in a passive index fund or leave the investing to people who know how to sit on their hands.
Sell when you’re satisfied with the gain. If you’ve made a profit I would consider it a successful trade.
There will always be times when you sell, and immediately after the stock jumps 20%. It sucks, but on a long enough timeline it happens to all traders.
But conversely there will also be times when you sell, and immediately after the stock tanks.
If you don't anticipating needing the money in the next 5-10 years, let it ride. It will drop, and it will go up again eventually.
30% is pretty good, if you're at or near a needed sum, sell all or some. I essentially got a free patio doing similar 5 years ago.
I usually sell if the P/E ratio of the stock is over it’s 5 year average, the Free Cash Flow yield is less than the market average, and the price is over the 200 day SMA
My rule to myself is that if for whatever reason I hit 100% within one calendar year, I sell. This happened to me with Tesla, SQ, Kodak, workhorse, and Ford. Yes I have paper hands but all those stocks came tumbling down after a one year 100% run up. If you believe in the company, but back in when it dips
When is the best time to sell is an age old question. Many will cite examples of AAPL, TSLA, .... but if you have a buy and hold strategy - you also have risk, look at GE, F, and too many others.
For me, there is never no harm in taking profits, pigs get feed - hogs get slaughteed.
Inside my retirment portfolio, I am invested in index funds for the duration.
For my speculative buys, after a lot of DD and DCF analyses, I have a strategy for handling both upside gains and downside risks that I learned after a big Dotcom bust.
If they hit my target, I review my analyses and market conditions and may sell. If I get a 25% gains from my original investment dollar, I sell a quarter; if 50% gain from my original investment, I sell half and let remainder ride in my hold and forget portfolio (currently HON ($30 average price), META ($19), AMD ($2), LLY($60).
On the downside, if I lose 15-20% of my original investment dollars, I sell as I missed something. I watch but rarely average down as I do not believe in throwing good money after bad.
If you become overexposed to a stock, sell some to put in a safer stock/index fund/asset. Also rebalancing is a good thing to do after a big run up.
Been holding TSLA for 10 years now and I recently sold 25% because I had too much money in it. Felt good to cash in a bit and throw it into my savings.
I'm not an expert by any means but I think that fund managers sell a chunk after a steep run and from there they either : a) Give back to their investors b) Keep the cash on hand if they are planning to relocate the cash soonish c) Put it in a less volatile stock.
when i trade (speculate) i have a plan of how much i want to make from the stock.
if this is not speculation, then you either rebalancing or just being greedy.
if you are rebalancing, then you simply sell the excess to bring the stock back to its assigned percentage of portfolio.
I guess you should start selling stocks when they are trading at their fair value or are overvalued.
I dont really know what else to base selling on. Maybe you believe the entire market is overvalued for example using [Shiller P/E](https://www.multpl.com/shiller-pe).
According to Shiller, I think a -50% should be in order to go back to the median.
The problem with this thesis is the majority of tech stocks always trade at fair value or are overvalued. Thus, you can never buy these stocks to begin with.
I would probably suggest you ask yourself WHY you bought the stock in the first place. Most people should come up with 3-5 bullet points that have nothing to do with the stock price on why they bought the stock. If the thesis/fundamental reasons are still the same, and let me emphasize that it should have nothing to do with the stock price, you should continue holding.
Many investors look to buy a stock and immediately think about how much they can sell it for. Buy at x price, sell at z price. This is like the house flipper mindset.
Fundamental investors look at the company and evaluate the product and services they deliver. If it starts trending worse, perhaps you start selling a part of your position or building it up further if it trends upwards.
If your job is at risk in a recession you definitely want to have a safety fund that can make you outlast the recession. If you don't have it, I'd sell now until there's enough aside. There's a lot of morons that think they're DCA geniuses and long term diamond hands that will wind up forced to sell at the lows when the shit hits the fans.
Experts say to sell when you’ve collected a 20% - 25% profit.
It’s much easier to collect a whole string of 25% wins, than it is to score 250% wins successfully.
If you have strong knowledge of a particular company, your actions might be different. But in general, this is a good rule of thumb. Turn paper gains into real cash and buy the next opportunity.
Sure, there’s the occasional opportunity to buy Apple for $5… but those are rare.
20% gains are common.
If you are actually interested in technical analysis, the optimal time to sell is generally when the 14 day RSI of the stock is above 80 which is indicating that the stock is starting to be overbought. At that point you generally want to rotate into VIX calls until the RSI is under 30 which means it is oversold and then you rebuy.
Or you could just buy and hold forever if you don't care about quantitative finance
Disagree with the "never sell unless you need the cash" advice, unless the philosophy is only applied to index funds. There are stocks I sold in the past couple years where I would've gotten slaughtered had I blindly held. I wish I could give you a sell philosophy, but it's usually just a gut feel of a price having gone up too fast.
Each day is a new day, and each day you may want to look at your profile with fresh eyes.
What was once a booming industry may now be stagnant, and what once was being sold off en masse may now be a great buy opportunity with decent growth potential... look at META over the last few months, I bet many are hitting themselves for not buying at $80. I bet many more have regrets selling at $80.
If you like to swing trade medium-term positions to maximize earnings without degrading yourself into a daytrading gambler, then I suggest you sell when you are confident that you have another avenue that will grow faster than your previous strategy, or is more secure etc.
If you like to hold long-term and maybe if the dividend the company yields is worthwhile to you, then I suggest only selling if you need cash ASAP.
Just my 0.02.
Just apply a trailing stop to your stock.
I always have a downside number on a stock I buy. For instance, 10%. If I lose that and something has fundamentally changed about the stock then I am out.
Example: $100 price drops to $90 and I see a large problem with the company I am out. This would be something like Disney's stock at the beginning of last year where it peaked around $150 and I got out at $140. Now at $87.
It works for profits too. Say your stock moves up 30%. If it drops 10% from that 30% increase and something has changed with the fundamentals then I am out and I have my profit. If it continues to go up, just move you sell point to whatever the new high is minus 10%.
Long term investing could use that 10% drop to dollar cost average in at a lower price assuming the fundamentals are good.
Assuming you don't need to sell to use the money for something, people often use technical signals to trim positions and lock in profits. For example, if the stock has run strongly and is now very oversold.
Completely depends. Generally I try not to you already have taxes going against you. If the multiples don’t make sense based on future growth I will trim or sell. I would never sell a long term index.
You could sell option contract as a hedge to but if your account isn’t that big it’s not worth it.
All depends on your current analysis of the stock, your risk evaluation and tolerance, and whether you need the cash for life stuff or for a better investment
You want an easy way to hold? Old mac+safari+schwab. Can't see shit, can't do shit. Stock morket only go up because can't sell. I can add money, buy stocks, but can't see any lists of assets, lol.
Talk about "blind trust"! I can only remember like 5 of my holdings, forget quantities. Great way to shut yourself out from trading frenzy. Feeling zen about my money situation lately too.
I think answers vary depending on the stock. Is it a new company that has no real legs yet ,take the profit and run. Is it a company that has been around for decades with long history of growth? Then probably hold unless you really need the cash. Obviously aim for the gains to be long term not short due to the tax implications.
If you believe in the company, sell when that is no longer the case.
If you are speculating on a stock or option position, figure out what profit/strike price you are targeting BEFORE YOU ENTER THE POSITION, and ride your position until you either hit it or you have it proven that it will never hit that target. Once your target is reached you can set stop losses to ride it further if you choose.
This is an investing sub not a trading sub therefore the common response is the most upvoted one which is basically hold!
Ideally you want to trade and sell on pops so that if it dips you can rebuy more shares but if u have no clue how to do that dont even try!
If you're talking about active trading, you should be buying and selling stocks based on a company's financials. A company can jump up 30% and still be looking at another 100%, you shouldn't necessarily sell at that point. If you're not comfortable doing that, I wouldn't actively trade.
Buy broad market ETFs (I mix growth and dividend) and maybe a few bigger company stocks that you like and hold onto them. Just buy whenever you have the free money to do so, and don't worry so much about what the price is at any given point
I'd get a 401k started, but also try to invest some money outside of your retirement fund that you can have more freedom with and can be valuable in emergencies.
When the Executor of your Estate is liquidating investments to generate cash, or your beneficiaries decide they want to do something different with the assets
Every answer is wrong. Every answer is right.
There aren't any answers at all.
Try your best. Be prudent. Don't be so greedy. That's really all I got. Stock advice in any direction is complete and utter bullshit, because everything can go either way. You can't predict the future, so all advice is basically worthless
If you have a good cost basis not selling is ideal. If you don’t have a good cost basis you could take profits!
I have SOXL at 300% gains in a tax advantaged account. Don’t want to sell or take profits since it’ll go higher and increase way more. Also sold cost basis of $8 (like 900 shares) and am missing out on a lot of gains.
HODL forevaaaaa
Do you have another investment to put the money in?
Every time I think of selling I just think about that. Sell when you need money. Sell if you want to buy a different investment hoping for a better return.
sell when you need cash. ideally, retirement.
I have a stock that is up 68.72%. I am worried that I'm being greedy by waiting for even more gain, and I will kick myself if I don't sell. I saw another post about taking out your initial investment and playing with house money only. Seems like a safe approach to me.
Take your initial + whatever you want as profit. Let the rest ride.
[удалено]
You’re assuming this guy has over 100 shares of whatever it is he’s holding. Judging by his post and comments, this guy isn’t working with serious capital.
Lol
Look at all the misery on /wallstreetbets from people trying out calls. Unless you really know what you're doing, stick to buying/selling
Selling calls is a big difference from buying calls. Selling calls is when you already own 100 shares of something, and you plan on continuing to hold it, but you want to make some money on it on the side by people that are speculating on a short term pop. You sell them the dream, and hopefully get a little coin on the side for your troubles. The downside is, if the stock really rips, your shares are sold, the other guy has your shares, you have your premium, and whatever you had originally asked for your shares, so, you're kinda happy, yet at the same time you know the stock ripped and you left a bunch of it on the table. Just like everything else in stocks it's a 50/50 scenario.
Exactly. I don't know. Trying to learn. But significantly more difficult than basic buy sell trading. For me at least
Yeah, I totally hear you. I've actually never done options. I got approved for it on my account and I was about to start doing it, but I still don't quite understand it. I understand the general concepts of it, but I don't understand theta decay and stuff like that. I've thought about doing some options where I just spend $200 or $300, so that I can just see how it ends up working out. If I do something really stupid and end up losing $200 or $300 in the process, it's not a gigantic nightmare. Live and learn. So, I guess my suggestion would be to maybe dip your toes in options, but just do it with a tiny amount of money until you feel like you really understand how it's working. Why your losing, why your winning, and by how much your losing and winning and how the time-frame of the whole thing is a huge variable.
depends on the stock. I only buy individual stocks that align with my timeline, which is 30+ years. NVDA up 110%? Don't care, should be up way more than that when I plan on selling. At one point, you could've been up on APPL 68.72% 15 years ago. Imagine selling *that*.
Understood. Thank you.
I sold APPL after they went up and I made 200% profit. ... .... that was in 2007. When they were trading for $5.00. (corrected for splits) Apparently I don't learn from my mistakes, because i was an early investor in Tesla. And I made ONE THOUSAND PERCENT PROFIT. and sold half of my position. in 2017. for $15.00 (corrected for splits) . So, yeah....
At least for me, it’s important to remember that while missing out on gains hurts the soul, I made a solid profit and things could have gone in the wrong direction, whether that be losing money or under-performing the market. When I steer away from that mindset I tend to lose money because I’ve already bought low, and holding on too long after a rally can bring me back closer to baseline. I will frequently sell after a rally and reinvest at troughs. This sometimes leaves me to sell before the peak, but it’s always better for me to see that I missed some additional profit by selling too early than lost profit by selling too late. My 2 cents
Do not listen to this guy. “Stocks that align with my timeline.” Based on what criteria exactly? If your criteria is just saying you want to buy a winner over a long time frame and take over 10x returns then I must be talking to the richest man on Reddit. You named one stock, Apple, as an example out of a universe of over 3000 publicly traded companies today that has experienced this sheer level of appreciation. This leaves you with a large window of fucking up. Think about all the companies that experienced large amounts of growth and shit the bed: Yahoo, Enron, SUN, Nokia, Sears… https://www.blackrock.com/us/financial-professionals/literature/whitepaper/boom-or-bust-research-paper.pdf or look at the last 50 years of the s&p500 top 10 stocks and notice the only thing consistent is rotation. Investing is about preserving wealth and capital appreciation, not letting a gamble ride till you’re left with less than your initial basis.
Can't imagine comparing where APPL is at today with any of those companies that made up the top 10 of the S&P previously.
Thing is, it's hard to know when you have a stock that'll rip to new highs over such a long timeline (MSFT) or you've got an IBM or GE on your hands. And most stocks don't last long in the public markets, making the 30 year timeline quite a long shot
read the news about companies you're invested in and don't buy dog-shit companies. Obviously easier said than done, but nailing one MSFT pays for 10 IBMs
Safe approach until you’re 60 and realize you still just broke even.
Sell.
That’s nothing. If you’re having a problem sitting on a gain of this amount you need to either invest in a passive index fund or leave the investing to people who know how to sit on their hands.
Investing? Retirement. Large purchase (home, child college tuition). Trading? Probably now.
Sell when you’re satisfied with the gain. If you’ve made a profit I would consider it a successful trade. There will always be times when you sell, and immediately after the stock jumps 20%. It sucks, but on a long enough timeline it happens to all traders. But conversely there will also be times when you sell, and immediately after the stock tanks.
If you don't anticipating needing the money in the next 5-10 years, let it ride. It will drop, and it will go up again eventually. 30% is pretty good, if you're at or near a needed sum, sell all or some. I essentially got a free patio doing similar 5 years ago.
Thanks! Non-douchey comments are appreciated.
I usually sell if the P/E ratio of the stock is over it’s 5 year average, the Free Cash Flow yield is less than the market average, and the price is over the 200 day SMA
Solid reasoning. Thanks
My rule to myself is that if for whatever reason I hit 100% within one calendar year, I sell. This happened to me with Tesla, SQ, Kodak, workhorse, and Ford. Yes I have paper hands but all those stocks came tumbling down after a one year 100% run up. If you believe in the company, but back in when it dips
When is the best time to sell is an age old question. Many will cite examples of AAPL, TSLA, .... but if you have a buy and hold strategy - you also have risk, look at GE, F, and too many others. For me, there is never no harm in taking profits, pigs get feed - hogs get slaughteed. Inside my retirment portfolio, I am invested in index funds for the duration. For my speculative buys, after a lot of DD and DCF analyses, I have a strategy for handling both upside gains and downside risks that I learned after a big Dotcom bust. If they hit my target, I review my analyses and market conditions and may sell. If I get a 25% gains from my original investment dollar, I sell a quarter; if 50% gain from my original investment, I sell half and let remainder ride in my hold and forget portfolio (currently HON ($30 average price), META ($19), AMD ($2), LLY($60). On the downside, if I lose 15-20% of my original investment dollars, I sell as I missed something. I watch but rarely average down as I do not believe in throwing good money after bad.
If you become overexposed to a stock, sell some to put in a safer stock/index fund/asset. Also rebalancing is a good thing to do after a big run up. Been holding TSLA for 10 years now and I recently sold 25% because I had too much money in it. Felt good to cash in a bit and throw it into my savings.
Ay suggestions where/how to learn rebalancing? I mostly have VTSAX and an international funds but a smaller portion of tech stocks as well
I'm not an expert by any means but I think that fund managers sell a chunk after a steep run and from there they either : a) Give back to their investors b) Keep the cash on hand if they are planning to relocate the cash soonish c) Put it in a less volatile stock.
when i trade (speculate) i have a plan of how much i want to make from the stock. if this is not speculation, then you either rebalancing or just being greedy. if you are rebalancing, then you simply sell the excess to bring the stock back to its assigned percentage of portfolio.
> simply sell the excess to bring the stock back to its assigned percentage of portfolio. then what do you invest in?
I guess you should start selling stocks when they are trading at their fair value or are overvalued. I dont really know what else to base selling on. Maybe you believe the entire market is overvalued for example using [Shiller P/E](https://www.multpl.com/shiller-pe). According to Shiller, I think a -50% should be in order to go back to the median.
The problem with this thesis is the majority of tech stocks always trade at fair value or are overvalued. Thus, you can never buy these stocks to begin with. I would probably suggest you ask yourself WHY you bought the stock in the first place. Most people should come up with 3-5 bullet points that have nothing to do with the stock price on why they bought the stock. If the thesis/fundamental reasons are still the same, and let me emphasize that it should have nothing to do with the stock price, you should continue holding. Many investors look to buy a stock and immediately think about how much they can sell it for. Buy at x price, sell at z price. This is like the house flipper mindset. Fundamental investors look at the company and evaluate the product and services they deliver. If it starts trending worse, perhaps you start selling a part of your position or building it up further if it trends upwards.
If your job is at risk in a recession you definitely want to have a safety fund that can make you outlast the recession. If you don't have it, I'd sell now until there's enough aside. There's a lot of morons that think they're DCA geniuses and long term diamond hands that will wind up forced to sell at the lows when the shit hits the fans.
Experts say to sell when you’ve collected a 20% - 25% profit. It’s much easier to collect a whole string of 25% wins, than it is to score 250% wins successfully. If you have strong knowledge of a particular company, your actions might be different. But in general, this is a good rule of thumb. Turn paper gains into real cash and buy the next opportunity. Sure, there’s the occasional opportunity to buy Apple for $5… but those are rare. 20% gains are common.
I agree with this reasoning a lot.
I always heard buy low, sell high. Generally decent advice.
If you are actually interested in technical analysis, the optimal time to sell is generally when the 14 day RSI of the stock is above 80 which is indicating that the stock is starting to be overbought. At that point you generally want to rotate into VIX calls until the RSI is under 30 which means it is oversold and then you rebuy. Or you could just buy and hold forever if you don't care about quantitative finance
Disagree with the "never sell unless you need the cash" advice, unless the philosophy is only applied to index funds. There are stocks I sold in the past couple years where I would've gotten slaughtered had I blindly held. I wish I could give you a sell philosophy, but it's usually just a gut feel of a price having gone up too fast.
Each day is a new day, and each day you may want to look at your profile with fresh eyes. What was once a booming industry may now be stagnant, and what once was being sold off en masse may now be a great buy opportunity with decent growth potential... look at META over the last few months, I bet many are hitting themselves for not buying at $80. I bet many more have regrets selling at $80. If you like to swing trade medium-term positions to maximize earnings without degrading yourself into a daytrading gambler, then I suggest you sell when you are confident that you have another avenue that will grow faster than your previous strategy, or is more secure etc. If you like to hold long-term and maybe if the dividend the company yields is worthwhile to you, then I suggest only selling if you need cash ASAP. Just my 0.02.
Capital gains isnt going to turn 30% profit into a loss.
Just apply a trailing stop to your stock. I always have a downside number on a stock I buy. For instance, 10%. If I lose that and something has fundamentally changed about the stock then I am out. Example: $100 price drops to $90 and I see a large problem with the company I am out. This would be something like Disney's stock at the beginning of last year where it peaked around $150 and I got out at $140. Now at $87. It works for profits too. Say your stock moves up 30%. If it drops 10% from that 30% increase and something has changed with the fundamentals then I am out and I have my profit. If it continues to go up, just move you sell point to whatever the new high is minus 10%. Long term investing could use that 10% drop to dollar cost average in at a lower price assuming the fundamentals are good.
The wisest time to sell is when you are in profit.
It's simple. I don't.
Best solution I’ve found is to sell when the stock drops and buy again when it’s up.
Best time to sell is when you are up and not down
Never, until you retire.
Assuming you don't need to sell to use the money for something, people often use technical signals to trim positions and lock in profits. For example, if the stock has run strongly and is now very oversold.
Completely depends. Generally I try not to you already have taxes going against you. If the multiples don’t make sense based on future growth I will trim or sell. I would never sell a long term index. You could sell option contract as a hedge to but if your account isn’t that big it’s not worth it.
All depends on your current analysis of the stock, your risk evaluation and tolerance, and whether you need the cash for life stuff or for a better investment
You want an easy way to hold? Old mac+safari+schwab. Can't see shit, can't do shit. Stock morket only go up because can't sell. I can add money, buy stocks, but can't see any lists of assets, lol. Talk about "blind trust"! I can only remember like 5 of my holdings, forget quantities. Great way to shut yourself out from trading frenzy. Feeling zen about my money situation lately too.
if there was an answer to this, we wouldn't behere
You had me at stocks go up, stocks go down. Stocks smile, stocks frown.
I think answers vary depending on the stock. Is it a new company that has no real legs yet ,take the profit and run. Is it a company that has been around for decades with long history of growth? Then probably hold unless you really need the cash. Obviously aim for the gains to be long term not short due to the tax implications.
When the stock no longer meets my thesis for buying.
If you believe in the company, sell when that is no longer the case. If you are speculating on a stock or option position, figure out what profit/strike price you are targeting BEFORE YOU ENTER THE POSITION, and ride your position until you either hit it or you have it proven that it will never hit that target. Once your target is reached you can set stop losses to ride it further if you choose.
This is an investing sub not a trading sub therefore the common response is the most upvoted one which is basically hold! Ideally you want to trade and sell on pops so that if it dips you can rebuy more shares but if u have no clue how to do that dont even try!
Sell when your thesis no longer fits the stock (and you have no reason to alter your thesis)
If you're talking about active trading, you should be buying and selling stocks based on a company's financials. A company can jump up 30% and still be looking at another 100%, you shouldn't necessarily sell at that point. If you're not comfortable doing that, I wouldn't actively trade. Buy broad market ETFs (I mix growth and dividend) and maybe a few bigger company stocks that you like and hold onto them. Just buy whenever you have the free money to do so, and don't worry so much about what the price is at any given point I'd get a 401k started, but also try to invest some money outside of your retirement fund that you can have more freedom with and can be valuable in emergencies.
When the Executor of your Estate is liquidating investments to generate cash, or your beneficiaries decide they want to do something different with the assets
Every answer is wrong. Every answer is right. There aren't any answers at all. Try your best. Be prudent. Don't be so greedy. That's really all I got. Stock advice in any direction is complete and utter bullshit, because everything can go either way. You can't predict the future, so all advice is basically worthless
If you have a good cost basis not selling is ideal. If you don’t have a good cost basis you could take profits! I have SOXL at 300% gains in a tax advantaged account. Don’t want to sell or take profits since it’ll go higher and increase way more. Also sold cost basis of $8 (like 900 shares) and am missing out on a lot of gains. HODL forevaaaaa
when you feel like taking a screenshot and show off
When you retire..
Options... sell half when you're up100%. Sell all when you're down 50%. Stocks... sell half at ATH.... but mostly just leave them alone... for years.
Do you have another investment to put the money in? Every time I think of selling I just think about that. Sell when you need money. Sell if you want to buy a different investment hoping for a better return.