Jasmine
VIP Contributor
The primary purpose of investing is to make money. You make money to grow your wealth so that you can enjoy your life with your wealth. Therefore, if you are investing, there will a time when you will have to sell off. The general rule is to sell your stocks when their price has surged. For instance, if you bought stocks at $1 each and they reach $10, that's a good time to sell. However, if you're financially stable and want to maximize your profits, you can hold onto them until they reach $100. Holding for longer period is ideal way to grow wealth but it might take years. The market's performance is largely based on how well the businesses are doing in the market, and how the country’s economy is doing.
