It has been found that one of the best performing strategies over decades is to buy and hold, this has lower risk, loses less money through transaction costs and increases better than most strategies and nearly all find managers.
When to sell? The earliest of
When you judge the share to be overvalued, which takes research and more expertise than I have, or
When you can get a better return elsewhere, ie the price of a share you bought for dividends has risen to the point where you can get a better yield elsewhere after stamp duty and transaction costs, or
When you have achieved your investment goal, that is you've saved enough to buy the house you wanted, retire, whatever, or
Never.
Comment