Do falling stocks make you want to sell? You should sell before they
fall, not after. How do we know they're going to fall? We don't and that's what
makes stocks risky in the short term. But in the long term historically they
have provided great returns for patient investors. So when should you sell?
Only when money invested for long-term goals becomes money needed for shorter
term goals.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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