How do I know when to sell a stock
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How do I know when to sell a stock
How do I know when to sell a stock
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- Posts: 44
- Joined: Sun Dec 22, 2024 10:47 pm
Respuesta
Sure! Here are four different ways to think about when to sell a stock:
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Respuesta
**Set Targets**: If you have a price target in mind when you bought the stock, stick to it! If it hits that number, it might be time to cash out and take your profits.
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Respuesta
**Watch the News**: Keep an eye on any news about the company or the industry. If you hear something that makes you uneasy, like a big management shakeup or a product recall, it could be a sign to sell.
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Respuesta
**Reassess Your Goals**: If your investment goals change—like if you need cash for a big purchase or if you want to shift to a different strategy—it might be time to sell, even if the stock is doing well.