Asked 2d ago
Hi there! It feels very difficult to watch red numbers in our portfolio/brokerage account. However, do remember the reason why you bought your stocks!
Some questions to ask yourself when deciding to sell are...
Has the fundamentals or core business of the company changed within this short correction/timeframe? Is AAPL a different company now?
Did I make a mistake in my analysis? Did I overvalue the company?
Ultimately, when we are in the stock market, we have to manage expectations and know that stocks can drop significantly after we went in. But remember to look Long term. If you went in because you felt AAPL can grow even greater as a business, then that hasn’t changed, it still is the company it is that you believed in in the first place! Over longer periods of time, it should grow towards its valuation.
When your shares are doing well...
Have I reached my target/goal of why I went in?
Is the stock short term significantly short term overbought and I want to take profit of a portion of the shares?
Some books that are good for you may be
One up on Wall Street
The most important things
Interviews of warren buffett and Charlie munger May help you as well to look Long term and embrace short term fluctuations(:
Hi anon, we can't give personalised investment advice. What I would suggest is to look at the reasons why you bought Apple in the first place. Is it a trade or to invest for the long-term?
If it's for the long-term, and the reasons why you bought the business in the first place are still intact, then it could make sense to keep. Otherwise, if you feel the business conditions have deteriorated since you bought, you can look to sell.