Save on your Mortgage with a Smart Comparison

Save on your Mortgage with a Smart Comparison
Save on your Mortgage with a Smart Comparison

Friday, 13 May 2022

When to Sell Your Stocks?- Return Trip is Terrible

Contributed by: The Big Fat Whale




The bloodshed in the markets especially in the growth and technology sector has made some investors' saneness go overblown, it would further exacerbate the situation if they are on financing or borrowed funds.

As the saying goes:

"The Market moves up like climbing the stairs but comes down in an escalator"

Some of the stocks have done a return trip which is giving back all the great gains and even worse, you are underwater and in deficit. A good example will be one of Ark Investment's favourite stocks, Teladoc.

The feeling of letting go of a 3-4 bagger gain and making a loss is a terribly tough situation to handle emotionally.

 

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