Money and Finance
Sell or not to Sell?
Okay, we all have stocks which are not doing well and stocks which are doing very well.
As I wrote before, for me it's always very hard to pull this trigger and sell my winner...
I know that lots of dividend stock investors think that we need to buy and keep stocks forever.
But observing my dividends stocks coming through ups and downs I still feel like I do need to sell my winners.
Like for example. I remember how just not long time ago my shares of KMI were $600 up and running strong. I was thinking to sell but got greedy.
Another recent example is FTR - went down to $3 in 2014, then up to $8 in 2015 and then down to $3 and now it's up to $5 again.
I did sold some of my stocks but usually right after I sell they would go up and then I would feel like oh, yeah, I could just keep them.
So my boyfriend suggested me an interesting idea - to sell only part of my stock total, which equal to the gain and keep initial amount I invested. This way if stock would go down, I already got some earnings out, if stock would go up, I would not feel as bad as if I sold all of shares.
I really like this idea and I might try to use it.
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Money and Finance