Complete newbie here who has recently come into money. Thus far (I'm about a month in) I have been selling every stock I own that I get a 5-7% return on. Is this a good strategy? All the online articles from Morningstar and Schwab and whoever else say not to sell until I hit my target price, but given that I am so new to this, I don't think my target prices will be very accurate. Thoughts?
Edit: I forgot to mention that I don't need to sell anything and can hold for the very long term if necessary, if that changes anything.
Leave a Reply