Wondering how investors handle their longer term held stocks. Do you sell occasionally and take profits if you feel the market is going to take a downturn or do you just hold through the waves. I have a lot of aapl and several other stocks and I’m thinking of selling a few hundred of each and re-purchasing during a dip.
I own appl at $70 (I sell CCs and puts to reduce my cost basis). When aapl has dipped to $120-$130 I tell myself I should have sold at $170 …taken profits and rebought. Since this sell will be long term capital gains the tax won’t be a big deal so not worried.
Am I the only investor that holds through the up and downs? Should I sell some and rebuy? Thank you in advance.
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