11-07-2013, 10:06 AM
I read an article on Seeking Alpha yesterday (found here) where the author talks about selling dividend growth stocks that have large gains shortly after you buy them. For example, if I bought MCD and within the next half year the stock price goes up 20 or 30% the author argues you should sell and lock in those gains. Then you can purchase later when/if the price comes back down to a lower valuation.
I've always been in the camp of buy and hold forever (unless something changes with the company). What are your thoughts? Do you ever consider selling when you get some quick large gains?
I've always been in the camp of buy and hold forever (unless something changes with the company). What are your thoughts? Do you ever consider selling when you get some quick large gains?