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Signs you should sell off your stock
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[QUOTE="Holicent, post: 281715, member: 76163"] [SIZE=15px][FONT=Verdana]If you're holding onto your stock, it might not be because you're planning to make money. It's more likely that you've got a bunch of shares in a company you really like, and you'd like to keep that connection going. But if your company is in trouble, or if the business model changes so much that your investment isn't as valuable, it may be time to sell off some stock. Here are some signs that it's time to sell off some of your stock: -If your company is losing money or started losing money recently, selling off some of your shares might help them avoid bankruptcy. -If there's new competition in the market for the same type of product or service your company provides, selling off some of your shares might mean they're no longer profitable enough for you to keep investing in them. -If you've been investing for years with no returns—or if returns were small and inconsistent—you might want to take a look at whether the market has gotten too risky for this type of investment.[/FONT][/SIZE] [/QUOTE]
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