RE:Sell to cash before TrumpOil2018 wrote: What are most doing? Is it wise to sell and get back in when things calm...Im a major share holder. Thank you
One last piece of advice from a grizzled grumpy old man. If you want to raise cash, one strategy I've used often is to sell a bit of everything, rather than try and pick what to sell. If you want your portfolio to go to say 20% cash, and you own, for example 20 stocks, if you try and pick 4 to sell, there's a good chance you'll either end up doing nothing because you still want all your names, or you'll end up selling the wrong ones. Murphy's rule kind of phenomenon. So why not just indiscriminately sell 20% of every holding? Even my #1 stock, this one. The commission costs of $5 or$10 per trade are peanuts compared to getting it wrong. It's even easier if you hold 10 names. And good luck.