- 401k investment advice
- investment savings account
- sell on itunes
- sell stock
Cut your losses short and let your profits run. Before investing, determine what % of a loss you would be willing to take on an investment. (Some pepple might say 8% or 15%) Write that figure down in terms of what price you would sell. I.f your investment dips to that level, sell.
The % loss you would select depends on your own risk tolerance. Yes, we do want to make a profit, but we must also plan to minimize losses.
The % loss you would select depends on your own risk tolerance. Yes, we do want to make a profit, but we must also plan to minimize losses.
What are good exit strategies for investors?
没有评论:
发表评论