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Deleted member 13140
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While selecting stocks takes a lot of time and effort, it can be difficult to decide when to sell — especially for first-time investors. The good news is that if you correctly selected your stocks, you won't need to withdraw for a long time, such as when you're ready to retire. However, there are times when you will need to sell your assets before achieving your financial objectives.
Probably not financial objectives, as for me, my last investment went from $20 to $9 and am still here telling myself hey it's going to increase, I think I'll sell it off after this post.
Before you sell your stocks You must conduct additional research and monitor the stability of the companies in which you invest. Changes in corporations have a significant impact on the stock's value. A new CEO, for example, can have an impact on stock valuation. A stock might be affected by a drop in the industry. Stock value is influenced by a variety of factors, many of which are intertwined.
As for me I won't sell the stock I have because the CEO seems steady enough, he's a startup, it might be successful.
There are other factors to consider, Which I didn't mention so if you know any, comment I might actually be convinced to sell mine, Even if it's just $9.
Probably not financial objectives, as for me, my last investment went from $20 to $9 and am still here telling myself hey it's going to increase, I think I'll sell it off after this post.
Before you sell your stocks You must conduct additional research and monitor the stability of the companies in which you invest. Changes in corporations have a significant impact on the stock's value. A new CEO, for example, can have an impact on stock valuation. A stock might be affected by a drop in the industry. Stock value is influenced by a variety of factors, many of which are intertwined.
As for me I won't sell the stock I have because the CEO seems steady enough, he's a startup, it might be successful.
There are other factors to consider, Which I didn't mention so if you know any, comment I might actually be convinced to sell mine, Even if it's just $9.