Making Money Minute with Ron Hiebert - Selling With No Regrets
If you own a stock that has become a huge financial windfall, the question that needs answering, is whether you should sell all of it, some of it, or hang on for even bigger gains. An investor in this position should ask themselves two things. How would I feel if I sold nothing and it dropped to zero? …And….How would I feel if I sold everything here, and the stock went up another 10 times in value? The best answer, is to sell enough, so you have minimum regrets, no matter where the price goes in the future. It is impossible to eliminate regret, but it is possible to minimize it.
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Making Money Minute with Ron Hiebert - Selling With No Regrets
If you own a stock that has become a huge financial windfall, the question that needs answering, is whether you should sell all of it, some of it, or hang on for even bigger gains. An investor in this position should ask themselves two things. How would I feel if I sold nothing and it dropped to zero? …And….How would I feel if I sold everything here, and the stock went up another 10 times in value? The best answer, is to sell enough, so you have minimum regrets, no matter where the price goes in the future. It is impossible to eliminate regret, but it is possible to minimize it.
Making Money Minute with Ron Hiebert - The Big Money Is Betting On Trump
People who don’t like Trump or his economic policies, have been avoiding US markets because they believe his initiatives will lead to disaster. They shake their heads in disbelief as stocks continue to go up and up, and they get left further and further behind. People who think Trump is a disaster, might end up being right, but the big institutional money has a different opinion. They have been voting with their wallets in the belief that many of Trump’s initiatives will have a positive impact on the economy and the markets. So far they have been right.
Making Money Minute with Ron Hiebert
Making Money Minute with Ron Hiebert - Selling With No Regrets
If you own a stock that has become a huge financial windfall, the question that needs answering, is whether you should sell all of it, some of it, or hang on for even bigger gains. An investor in this position should ask themselves two things. How would I feel if I sold nothing and it dropped to zero? …And….How would I feel if I sold everything here, and the stock went up another 10 times in value? The best answer, is to sell enough, so you have minimum regrets, no matter where the price goes in the future. It is impossible to eliminate regret, but it is possible to minimize it.
