Replies to post #9465 on TopDollar Investing

[vantillian]

That is not bad advice!!! My rule of thumb is to always take some off the table (be it a little or a lot) when I'm up 50%...

I've missed some mind-boggling gains this way...but I've also preserved capital.

[retirementfund]

I totally agree with you with taking 20% profit. The way I lost so much of my investment money was waiting for the large return. Thanks.

[gabill]

I'm glad you mentioned that.......When I buy stocks (most of the time they go down immediately) Ha Ha ...but after awhile when they finally get to a point......where I can sell half and get my investment back, I sell half and hold the remainder (which are basically free stock) and sell them when I get a nice return.........either double, triple or just when I no longer want to hold the stock I then sell the balance of my shares....seems to work for me. But I do like your 20% idea too......bill in Evans Ga