When looking at any investment one has to love Warren Buffet's quote, "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."
There are a couple of stocks in my portfolio that will be liquidated because they simply don't fit my personal criteria of stock ownership, I bought them before I had a plan in place or maybe before I understood what my plan was going to be for the long term. Develop a solid investment plan then execute accordingly and leave all emotions at the front door, so-to-speak.
Seeing your last response about redirecting further dividends, I do that too with stock that appears to be overvalued. It takes patience because I have to let the dollars pile up in order to keep costs to a bare minimum. In fact, in my brokerage account all dividends go directly into the settlement account for future stock purchases, it's my KISS philosophy. Only in my ROTH IRA will I reinvest dividends unless the stock becomes overvalued.
There are a couple of stocks in my portfolio that will be liquidated because they simply don't fit my personal criteria of stock ownership, I bought them before I had a plan in place or maybe before I understood what my plan was going to be for the long term. Develop a solid investment plan then execute accordingly and leave all emotions at the front door, so-to-speak.
Seeing your last response about redirecting further dividends, I do that too with stock that appears to be overvalued. It takes patience because I have to let the dollars pile up in order to keep costs to a bare minimum. In fact, in my brokerage account all dividends go directly into the settlement account for future stock purchases, it's my KISS philosophy. Only in my ROTH IRA will I reinvest dividends unless the stock becomes overvalued.