How I wish I know much about stock but I don't know anything about stock so I wouldn't know what to advice if it were to be trading now I would have atleast little to contribute but now all I will do is read comments and learn about stock trading
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This decision is one of the very delicate and important decisions to ever make as a stock trader. You have got to be very careful when holding stocks to avoid too long holding and at the same time you do not have to hold for a very too short time so as not to short flange your own profit. Sell at the time you desireWe have shares of stocks of our bank and that bank is also where my wife works. Our stocks have been with us for 3 years and counting that it has gained in value substantially. Now I am thinking of selling the stocks to cash in on the profit but my wife does not want to sell because we still do not need the money. She treats the stocks as not an investment but as a savings that we can use for our investment for a property when we have sufficient funds for it.
There is no specific time frame for keeping a stock for the purpose of making returns on investment. The choice lies in the investor to determine if the purpose of investing is short time or long time investment.We have shares of stocks of our bank and that bank is also where my wife works. Our stocks have been with us for 3 years and counting that it has gained in value substantially. Now I am thinking of selling the stocks to cash in on the profit but my wife does not want to sell because we still do not need the money. She treats the stocks as not an investment but as a savings that we can use for our investment for a property when we have sufficient funds for it.
you can keep stocks to earn a good profit from (CMG) a big market winner after the stock market bottomed in March 2009. After the 2007 to 2008 bear market, the stock bottomed before the market did so in March 2009. The stock later broke out to 52-week highs in January 2010 and ran up 348% before topping in April 2012. It built a series of bases along the way.We have shares of stocks of our bank and that bank is also where my wife works. Our stocks have been with us for 3 years and counting that it has gained in value substantially. Now I am thinking of selling the stocks to cash in on the profit but my wife does not want to sell because we still do not need the money. She treats the stocks as not an investment but as a savings that we can use for our investment for a property when we have sufficient funds for it.
Seven and half years—
One of the most significant financial skills you need to master is investing in stocks. Stocks have produced an annualized return of about 10 percent on average. At that point, every 7.2 years, your money doubles. Let's say you start at 10,000 dollars.
Keeping stocks for gaining purpose is good but it depend on how you need the money, if you don't need the money right away ,mi will advise tokeep the stock until the price reaches it peak, then sell it and get your money.We have shares of stocks of our bank and that bank is also where my wife works. Our stocks have been with us for 3 years and counting that it has gained in value substantially. Now I am thinking of selling the stocks to cash in on the profit but my wife does not want to sell because we still do not need the money. She treats the stocks as not an investment but as a savings that we can use for our investment for a property when we have sufficient funds for it.
Investing in stocks is one of the most important financial skills you need to master. On average, stocks have given an annualized return of around 10%. At that rate, your money doubles every 7.2 years. Let's say you start with $10,000.We have shares of stocks of our bank and that bank is also where my wife works. Our stocks have been with us for 3 years and counting that it has gained in value substantially. Now I am thinking of selling the stocks to cash in on the profit but my wife does not want to sell because we still do not need the money. She treats the stocks as not an investment but as a savings that we can use for our investment for a property when we have sufficient funds for it.