05-10-2014, 05:14 PM
While I have not been at this long, I plan on only rarely selling my stocks. If something gets what I consider overvalued I simply would not put more money into the company and at worst, turn off the DRIP. If it got so far overvalued that it was a no brainer even after paying capital gains tax, then I would consider it. This is of course in a taxable account. IRAs are a bit different.