Like many im one of the people that held onto their bags even though I was up x7 on my portfolio. I’m thankful I’m still up x2.5 but man I should’ve sold earlier. However, I got greedy. Now I’m down almost 100k where if I sold, I could’ve bought back in now and doubled or tripled all of my bags. Anyway hindsight is 20/20. WE LEARN AND WE MOVE!
For those that sold at or near the peak, what are strategies you used to know it was a good time to sell?
One thing I can think of is to set a target on your portfolio and once you hit that, sell. No matter what. There will always be other buying opportunities as clearly evidenced by the market.
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