When Should You Sell That Stock? by Michael B. Patterson
Itís one of the toughest and loneliest decisions
for an investor to make.
When it comes to buying a stock, thereís no
shortage of advice, both useful and
otherwise. Virtually every investment
magazine, newsletter, or financial news
program offers tips, opinions, analysis,
and a variety of hot stocks you should buy
immediately. But when it comes to the sell decision, there is
little useful advice to be found.
Buy and hold has been the prevailing strategy for the small
investor, and that has worked well in recent years ó in a
forgiving market. But the tenor of the stock market has
changed since March 2000, when equities started heading
south. A successful investor now has to pay much closer
attention to stock performance and, more often than not,
wrestle with that painful sell decision.