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Your Stock Has Doubled: Should You Sell?
By The Smart Investor  •  September 24, 2021
When it comes to selling your stock, there are no easy answers. Many decisions revolve around what stock to buy and when to buy it.. Inevitably, there comes a time when you are faced with a decision on how you should react to sharp share price movements upwards or downwards. Share prices may fall sharply for a variety of reasons, such as a poor earnings report or the slashing of dividends. But when the converse happens, it may also present a problem for investors. Soaring share prices may pose a different sort of problem. Should you sell into the rally to lock in your profits, or continue to hold out for even better gains in the future? Or perhaps you should even buy more of the shares at higher prices as the company may be on a roll. The case for selling If the share price surge was triggered by a temporary event...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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