“You talked about the importance of taking small losses before they magnify into bigger losses,” a reader of The Safal Niveshak Post asked me yesterday. “But how do I know which stocks to sell to takes such losses? Is that so simple?”
“No, it isn’t,” I must say.
Knowing when to sell a stock or which stock to sell isn’t as easy a decision as knowing when to buy a stock.
In fact, most discussions on investing revolve only around when to buy a stock.
“Which stock should I buy?” is the first question that comes to your mind when you think about your investment.
But as we discussed yesterday, an equally important question is – “Which stock should I sell?”
[Read more…] about The Most Important Decision to Make After You Buy a Stock