PSA. If you are up on a stock, consider locking in some profit. If you don’t, remember there is risk to holding anything. There are lots of volatile stocks moving very quickly in this market. You can see vey fast gains, and also fast losses. Everyone should keep their own goals and risk tolerances in mind but it can be easy to let hype or fomo get to you. So for anyone who needs to hear it, taking profits is a safe and reasonable strategy. Things that went up sharply very well may correct (as we saw with many tickets this year). You haven’t actually made money until you sell, so think about if it makes sense to take profits, to rebalance or if your current holdings still fit your goals and risk tolerances.
Good luck out there everyone
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