04-01-2014, 03:40 PM
I have core holdings, but that does not mean hold and forget. In fact the original poster did not even say hold and forget without adding the qualifier "probably."
My mantra is buy and monitor, sell and replace.
When DRI had a horrid quarter recently, I sold it in a heartbeat. When INTC went to a fifth quarter without raising the dividend, I sold in a New York second. When KMB had recent sub 5% increase! I put it on probation. If next year's is below 5% it will be gone also.
There is no emotion in it. There are portfolio rules that are followed.
If you do not have a business plan with rules about when to sell, I suggest you develop one.
My mantra is buy and monitor, sell and replace.
When DRI had a horrid quarter recently, I sold it in a heartbeat. When INTC went to a fifth quarter without raising the dividend, I sold in a New York second. When KMB had recent sub 5% increase! I put it on probation. If next year's is below 5% it will be gone also.
There is no emotion in it. There are portfolio rules that are followed.
If you do not have a business plan with rules about when to sell, I suggest you develop one.