Re: Is it better to sell your stock winners or losers? Selling Stock Tips
In response to the article: “Is it better to sell your stock winners or losers?” , I think it is pretty stupid to think that selling losing stocks and letting the winning stocks “ride” is a good idea. I know there is a tax benefit for selling a losing stock, but come on, when would you actually plan to make money?
When it the best time to selling stock? Personally, I set a timeline window, and expected return. If it meets or exceeds my expected return, I sell the stock, and re-invest it in losing stocks that pay high dividends. With this approach, I am minimizing my risk, while reinvesting my returns/gains.
Of course, I do this in a tax deferred account. For my “after tax” money, I would prefer to invest in cash for real estate, or tax free bonds.