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Viewing 7 posts - 1 through 7 (of 7 total)
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  • Anthony Rose
    Participant
    Post count: 15

    Hi Sean, I know you gave the sell alert for our health pic but we’re only up .88% we got in at 46. So should we still sell or do we hold on?

    Sean Hyman
    Keymaster
    Post count: 28472

    If you got in at $46, then you’re up 7.2%. It’s at $49.30 right now.

    Anthony Rose
    Participant
    Post count: 15

    My husband is doing zoom for his school so he’s been busy with exams… so apologies for the simple questions. Also, we are up on our steel pick quite a bit we bought in at $18.28 so would we sell or just hold?

    Sean Hyman
    Keymaster
    Post count: 28472

    Then that should be almost a 26% return. Anytime you get a very large % return in a short amount of time, you should consider selling/closing out the position and locking in those gains.

    On average, the market reaps about 9-11% per year, when accounting for good and bad years blended together. So, if you get a couple of years’ worth of gains in very little time, it’s usually prudent to capture those HUGE profits.

    Sean Hyman
    Keymaster
    Post count: 28472

    Y’all aren’t asking silly questions. We have plenty of newer investors here and they’re learning from the answers too. Not a problem at all.

    Anthony Rose
    Participant
    Post count: 15

    Thank You Sean, very much appreciated. Many Blessings!

    Sean Hyman
    Keymaster
    Post count: 28472

    Thank you. You’re welcome.

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