When You Should Sell A Stock?
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An old adage on Wall Street goes, "No one rings a bell at the top and no one rings a bell at the bottom."
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We've already talked about when to acquire stocks, but timing the sale of a stock is frequently much trickier.
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Over the course of your lifetime, the worth of a good company that you purchase at a fair price will rise.
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Other times, we can opt to sell some of our own stocks because we think they are overpriced and invest the proceeds in a stock that is cheap.
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But it doesn't always work out like that, and occasionally we have to sell a stock that hasn't done as well as we had planned.
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You may occasionally purchase for the wrong reasons. Your plan may not always work out.
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Perhaps you were correct at the time, but circumstances have changed. Has the business lost a visionary leader?
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Have they lost their sustainable competitive advantage due to a lack of innovation? Then is the appropriate time to sell.
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The market frequently loses faith in a company because of a weak earnings report or another transient issue
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The ideal timing to sell is impossible to predict.
Making the decision to sell is far more difficult than making the decision to buy.
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