Thursday 27 July 2017

Not selling a stock for again

Not selling a stock for again

 

              
                                
                              Top 50 Rules to Investing-Rule 21


Not selling a stock for again,simply because you're afraid of the taxes is a bad idea.

It’s Probably a Bad Idea to Sell Stocks Because You Fear Trump.

This is the question I’ve heard from several liberal-leaning friends in the last few months. I get a few emails in this vein every time the stock market hits new highs, as it did on Friday.They are worried that the combination of high share prices and an erratic president mean that the only direction for stocks is down. They are considering shifting some of their assets into cash or bonds.

Letting one’s political opinions shape investing decisions is a good way to lose money. Whether a given chunk of your savings should be in stocks, bonds or cash depends on your appetite for risk and when you’re going to need that money. It shouldn’t be shaped by whether you love or hate the current occupant of the White House.
Courtesy:see more @ http://nyti.ms/2kpSuwu

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