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Anonymous

27 May 2020

General Investing

When do you decide to take profit? A set target, time frame, or other factors?

Hi, I'm currently around 25% up on my stashaway portfolio as I did a lump sum in the March drop and continued doing a smaller sum rsp monthly. Please advise!

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With market timing impossible

1 make a sound buying choice in the first place

2 hold (almost forever), never sell​​​

For myself, I tend to hold investments long term.

The only times my profits/losses got realised were when:
1. The companies got acquired or got delisted
2. There was an issue with the platform and my positions were closed
3. I got fearful and sold a portion to lock in some profit during the early part of my investing journey.

Other reasons could be to rebalance the portfolio and maintain the allocation ratios.

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