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Anonymous
I don't have an urgency for $$ but ive seen that portfolio dipped to below 20k. Should i cash it out and redeploy?
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Cash out immediately. Very low and slow return
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Well it depends on what type of investment is that. If is volatile high risk portfolio, no harm taking profit and reinvest in portfolio with long term goal and less volatility.
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Robin
09 Aug 2023
Administrator at SG
That is the point of a long term portfolio.
Good to consider diversifying with dividend paying local stock if you feel that you must take profit.
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Reinvest for long term gains if you do not need the cash right now...
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It might be good to take out profits once in a while.