The saying "nobody ever got hurt taking a profit" is one of the biggest cliches and falsehoods in investing. Tell that to anyone who sold their AMZN shares more than ten years ago.
When stocks go up (not all of them do), they don't go up in a straight line. Both the success of a business and its stock price movements are not linear. An investment going nowhere for years and tripling in a matter of weeks is not uncommon. Ask shareholders of Tesla or Teladoc (TDOC).
Every day, I see someone on Twitter explaining how "relieved" they are to have sold a stock because they couldn't "bear" watching it go down. This reasoning is incredibly flawed.
Watching a stock you own go down is inevitable. If you try to avoid it at all costs, you are in for a wild portfolio rotation and the tax consequences.
For those who can weather the storm unscathed - holding a diversified portfolio of great companies tenaciously - there is a pot of gold at the end of the rainbow.
Recent NSCI News
- Nanalysis Announces New Director and Results of AGM • PR Newswire (Canada) • 06/28/2024 08:05:00 PM
- Nanalysis Announces Grant of Stock Options • PR Newswire (Canada) • 06/07/2024 03:40:00 PM
- Nanalysis Announces First Quarter 2024 Results • PR Newswire (Canada) • 05/29/2024 08:05:00 PM
- Nanalysis Announces First Quarter 2024 Conference Call • PR Newswire (Canada) • 05/21/2024 12:30:00 PM
- Nanalysis Announces Fourth Quarter and Full Year 2023 Results • PR Newswire (Canada) • 04/29/2024 08:05:00 PM
- /C O R R E C T I O N -- Nanalysis Scientific Corp./ • PR Newswire (Canada) • 04/24/2024 12:30:00 PM
- Nanalysis Announces Full Year 2023 Conference Call • PR Newswire (Canada) • 04/11/2024 12:30:00 PM
- Nanalysis Scientific Corp. Announces Director Resignation • PR Newswire (Canada) • 04/10/2024 01:55:00 PM
- AI Revolutionizes Drug Detection with Compact NMR and Machine Learning • AllPennyStocks.com • 04/04/2024 02:30:00 PM
- Nanalysis Corp. Receives Funding Supporting AI Software Development for Detection of Illicit Substances • PR Newswire (Canada) • 04/04/2024 12:30:00 PM
- NANALYSIS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED BEST EFFORTS PROSPECTUS EXEMPT OFFERING PURSUANT TO THE LISTED ISSUER EXEMPTION AND CONCURRENT PRIVATE PLACEMENT • PR Newswire (Canada) • 03/20/2024 01:32:00 PM
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - NSCI • PR Newswire (Canada) • 03/06/2024 09:17:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - NSCI • PR Newswire (Canada) • 03/06/2024 09:15:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - NSCI • PR Newswire (Canada) • 03/06/2024 09:10:00 PM
- Canadian Investment Regulatory Organization Trading Halt - NSCI • PR Newswire (Canada) • 03/06/2024 09:07:00 PM
- NANALYSIS ANNOUNCES UP TO $5.0 MILLION BEST EFFORTS PROSPECTUS EXEMPT OFFERING PURSUANT TO THE LISTED ISSUER EXEMPTION AND UP TO $1.0 MILLION CONCURRENT PRIVATE PLACEMENT • PR Newswire (Canada) • 03/06/2024 09:00:00 PM
- Nanalysis Announces Upcoming Webinar and Conference Participation • PR Newswire (Canada) • 02/07/2024 01:30:00 PM
- Nanalysis Achieves Record Revenue in Q4 • PR Newswire (Canada) • 02/06/2024 01:30:00 PM
- Nanalysis Scientific Corp. Provides Update on Security Services Business • PR Newswire (Canada) • 01/30/2024 01:30:00 PM
- Nanalysis Scientific Corp. Announces Grant of Restricted Share Units • PR Newswire (Canada) • 01/04/2024 12:11:00 AM
- Nanalysis Reports Third Quarter 2023 Results • PR Newswire (Canada) • 11/29/2023 10:19:00 PM
- Nanalysis Announces Third Quarter 2023 Conference Call • PR Newswire (Canada) • 11/15/2023 01:30:00 PM
- Nanalysis to Present at the Planet MicroCap Showcase: VANCOUVER 2023 on Wednesday, September 6, 2023 & 1x1 Meetings on Thursday, September 7, 2023 • PR Newswire (Canada) • 08/30/2023 12:30:00 PM
- Nanalysis Reports Second Quarter 2023 Results • PR Newswire (Canada) • 08/24/2023 08:05:00 PM
- Nanalysis Announces Second Quarter 2023 Conference Call • PR Newswire (Canada) • 08/15/2023 12:30:00 PM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM