I have managed to follow a set of rules to buy about 15 to 20 equities in my value portfolio. This is clearly set out in my earlier post, setting up the criteria. But as you can see from my previous portfolio update here and here, I am not very good at selling the equities that i had bought.
Buying an equity or stock is an important part to investing. Similarly, selling them is an equally important part. Without selling, any capital gain will just remain as unrealized gain and you never know when the price will retrace leaving you losing your gain.
I have been reading around and it seems the common rule of thumb to sell an equity is if it does not meet the initial criteria which you had bought the equity for. That means in my case, if the equity does not meet the value criteria i should be selling it......