Letting Profits Run

As the market continues to rise, I am very tempted to sell some of my new positions for a 20% gain or more.  After all, taking profits isn't bad to do.  And I've had gains turn into losses when I waited too long.

Recently, however, the stocks I sell have continued to go up about 80% of the time.   As a result, I've left a lot of money on the table.

So I'm going to start following this investing rule:   Keep the winners and let profits run.

We'll see how this works over the next few weeks.

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This is not financial or investing advice. Please consult a professional advisor.

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