10-02-2017, 11:54 PM
A few questions to make you think.
Do you actually need the money for something or would you just be reinvesting it? If you need it for something then it's an easy call, sell and buy what you need. If you don't plan on buying any actual things with the money, then most likely you would reinvest it, right? So are you currently finding companies where you judge there to be a better risk/return ratio? Because selling it and keeping it as cash is rarely a profitable move in the long run.
If reinvesting is the goal, then you need to look at the future and forget about the past performance. These companies, at least the ones I'm following, have doubled because they have grown their business and have become more profitable... so simply because they are +100% doesn't necessarily mean that they are overvalued. In the end you're always looking for the right risk & return for YOU. If you judge that these companies have good fundamentals and they still fit well into your investment style, then why sell?
Do you actually need the money for something or would you just be reinvesting it? If you need it for something then it's an easy call, sell and buy what you need. If you don't plan on buying any actual things with the money, then most likely you would reinvest it, right? So are you currently finding companies where you judge there to be a better risk/return ratio? Because selling it and keeping it as cash is rarely a profitable move in the long run.
If reinvesting is the goal, then you need to look at the future and forget about the past performance. These companies, at least the ones I'm following, have doubled because they have grown their business and have become more profitable... so simply because they are +100% doesn't necessarily mean that they are overvalued. In the end you're always looking for the right risk & return for YOU. If you judge that these companies have good fundamentals and they still fit well into your investment style, then why sell?