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Portfolio’s First Divestment
By Where got money  •  March 23, 2019
March 23, 2019
Ben

I took profit from my top performing stock recently. I was conflicted after selling, and thought that recording it would be a good idea. Others can learn from it, and I can look back next time and see if anything has changed.

For any investment made, I am prepared to hold it for at least ten years. However, my current investing strategy suggests selling if fundamentals change or the company is overvalued (to buy again if opportunity presents itself).

Before

The stock price ran up quite a bit over a few months and I felt it was starting to get overvalued. I looked at the chart and it was close to one of the resistance lines. Then, I decided to sell tomorrow if the price went below a resistance. This decision was made the day before to minimise outside influence (not sure how this will turn out in

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By Where got money
Hello and welcome to wheregotmoney! I am Ben, and my goal is to FIRE by 1st Aug 2028 with a passive income stream of $60,000 yearly from dividends. Hopefully, by that time, I would have written every single thing about my journey and I can simply point to a blog post as a response to any question I might get (Unlikely given that government policies, financial products, etc will change in the future, but one can dream) ...
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