SHOULD I SELL MY STOCKS NOW? 5 GOOD AND 4 WRONG REASONS ON WHEN TO SELL STOCKS
You must have often wondered at every stage of the news cycle, “should I sell my stocks now”?
Honestly, it is always best to ignore any noise. Build an investment plan based on
the best assets to buy
and continue dollar-cost averaging rain or sunshine instead of worrying when to sell stocks.
Naturally, when the time comes for the event you have planned and invested for, it makes sense to sell your stocks.
When You Need The Money
Your Investment Thesis Has Played Out
Assume you have Tesla in your
as I did. I sold as soon as the S&P committee announced the index inclusion.
Your Investment Thesis Is Incorrect
When picking individual stocks, you could often run into issues where your original thesis proves to be wildly incorrect. Fraud is the most common example.
Often you might find other asset classes become relatively cheap to their intrinsic value.
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