03-27-2013, 04:51 PM
I guess the answer, as always is, it depends. I certainly think that if you have the time and energy to monitor your portfolio very closely and have the interest and ability and discipline to trade your DG portfolio (rotating those that get ahead into the ones that have fallen behind, from a valuation perspective), you could add some performance over time. If I were ever to do that, though, I would draw bright lines around the strategy, only selling when the stock is obviously very overvalued and where I had something obviously undervalued to move the money into.
Personally, I do not have the time, energy, or stomach for that sort of action. Strictly buy and hold unless company falters or something changes. Maybe in the future when I am more experienced and have more time to focus on investments I'll explore that route.
To your specific dilemma, although you have had a great run, I'm not sure WAG is overvalued at this point. So I say you hang on to it for the time being. Stick with the plan, which was to buy for (growing) income and hold.
Personally, I do not have the time, energy, or stomach for that sort of action. Strictly buy and hold unless company falters or something changes. Maybe in the future when I am more experienced and have more time to focus on investments I'll explore that route.
To your specific dilemma, although you have had a great run, I'm not sure WAG is overvalued at this point. So I say you hang on to it for the time being. Stick with the plan, which was to buy for (growing) income and hold.