Read? How to become rich in stocks??? (26)
How many times have you read this?
Is never wrong to take profit?
Depending who are you asking?
Ask Uncle8888?
His answer ....
Yes and No!
Never wrong but not exactly right!
You are getting confused?
Uncle8888 has done both. Sell and Never Sell!
So this is not a theory and also not a concept.
Real People. Real Story here!
First, you must try to understand Uncle8888's Wealth Formula:
Wealth = Asset Value + Cash Flow
We create wealth from the stock market from high appreciating asset value (best are those multi-baggers) and receive (1) year after year of cash flow from dividends from these assets or (2) cash flow by taking small profit and return the asset back to the market and kill off future cash flow. Cash is King only when we can safely buy back similar asset value ......
