<I've always believed that the time to sell any holding is when you have a better place to put the money.>I disagree. I feel that the selling of one asset and the buying of another one should be two actions that are arrived at totally independently. Otherwise you could easily end up not making a sale that you should make simply because you do not have another purchase lined up. That can be dangerous to your financial health. We should not confuse inaction with not making a decision. Consciously, or subconciously, you have made a decision with the inaction. You decided that the company/fund in question would have a return at least better than 0% (it will not continue going down). Otherwise you would have sold and kept the money in cash. To me, there is always an alternative.Where to put that cash to work is another story. The OP already identified several funds for his/her overall financial plan. My suggestion was to use those as alternatives for the money after the sale. As I mentioned earlier, if the return for the old funds is expected to be better than the return for the new funds, then not selling is the right choice.- zol
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