When to sell stock: 3 reasons to sell

When to sell stock: 3 reasons to sell

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When to sell stock: 3 reasons to sell
The two most common questions I hear about stocks are: What stock should I buy? When do I sell? I’ve covered the first question before (check out my article all about stocks and bonds). That’s why I want to answer the second question: When the heck do you sell your stocks? When to sell stock: 3 reasons to sell As with all things personal finance, there’s no one-size-fits-all answer — but there are good indicators of when you should sell. These indicators are going to differ depending on your age. If you’re closer to (or at) retirement age, you’ve likely been investing for a while and can sell your investments to live off of for your retirement. If you’re younger, though, this isn’t the case. In fact, if you’re in your 20s and 30s, there are three reasons to sell your investments: You need the money for an emergency. You made a terrible investment and it’s consistently underperforming the market. You’ve achieved your specific goal for investing. Let’s take a look at each reason now and break down what they look like. Reason #1: You need money for an emergency If you encounter an unexpected expense and you absolutely need [...]
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My boss went on a dream six-week vacation, and these are 5 things I now consider for my future travels

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My boss went on a dream six-week vacation, and these are 5 things I now consider for my future travels
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5 factors that helped these readers successfully boost their salary over $5,000
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How to set goals and achieve them with the RIGHT reward
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3 powerful habits you need to jumpstart the new year
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How to give advice that people actually take
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4 easy money fixes to do before New Year’s

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4 easy money fixes to do before New Year’s
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Don’t be broke: 5 wealth mindsets for a Rich Life
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Reasons Why You’re Always Broke

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Reasons Why You’re Always Broke
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What is middle class?
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How to borrow from your 401k — with 3 alternatives

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How to borrow from your 401k — with 3 alternatives
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How much should I have in my 401k?
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42 money-making side hustle ideas for 2018
A good side hustle idea can open the door to unlimited earning potential. My team and I have spent more than a decade building money-making systems that have earned my students $1,000 and more on the [...]
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Entrepreneur = insecure

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Entrepreneur = insecure
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Why Do Banks Sell Their Notes?

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Why Do Banks Sell Their Notes?
Paige Panzarello specializes in buying non-performing notes at a steep discount from a bank and turning those notes into a profit.  Many ask her, “Why Do Banks Sell Their Notes?” The primary re [...]
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Fix it Up or Sell As-Is?

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Fix it Up or Sell As-Is?
Should we fix it up or sell as-is? The Mom of two friends is dying. In the evening after a long day of caring for their Mom, they asked each other if they should renovate or fix up the house after she [...]
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Fix it Up or Sell As-Is?

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Fix it Up or Sell As-Is?
Should we fix it up or sell as-is? The Mom of two friends is dying. In the evening after a long day of caring for their Mom, they asked each other if they should renovate or fix up the house after she [...]
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Drew Houston — The Billionaire Founder of Dropbox (#334)

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Drew Houston — The Billionaire Founder of Dropbox (#334)
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Samin Nosrat — Master Creative, Master Teacher (#339)
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How to get traffic on your blog (in just 2 steps)
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Should I buy a new car? 9 reasons to buy new

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Should I buy a new car? 9 reasons to buy new
“Should I buy a new car?” If you asked almost every personal finance pundit that question, they’ll give you a bunch of reasons why you should buy used instead. Some common reasons they give: [...]
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