When to Sell Stock

sold sign When to Sell StockRead any investment book, blog, or magazines and you will see a multitude of recommendations related to buying stocks. Unfortunately, little is written about selling the stocks that you already own.

I use three key principals in deciding when to sell a stock:
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  1. Principal 1: Don’t be greedy.
  2. Principal 2: Don’t be afraid to admit you were wrong.
  3. Principal 3: Don’t let your carriage turn into a pumpkin.

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