Description
Did the advice. "Never sell these!" come with the stocks your grandfather gave you? Have you ever held onto a particular stock so long that you've seen your profit come and then go? Perhaps you've never been given the guidance from a broker to sell those stocks that are moneymakers for the moment. For whatever reason-fear, greed or just plain uncertainty-you've forgotten that at some point the market will not look favourably upon your stock and the only way to realize your profit is to cash in your chips and play another game.
Being successful in the stock market is only partially determined by the number of stocks you buy and when you buy them. You haven't made your money until you have cash in hand, and that doesn't happen until you sell. While most books focus primarily on buying, It's Not What Stocks You Buy, It's When You Sell That Counts: Understanding and Overcoming Your Self- Imposed Barriers to Investment Success treats the neglected but critical second side of transactions-selling. It not only discusses knowing when to sell because a stock is up, but how to identify trouble early to cut losses before all that's left is false hope.
In this guide, author Donald Cassidy helps readers identify and overcome their resistance to selling stock and shows them how to earn the maximum profit through strategic selling. He then thoughtfully outlines his plan of attack to avoid investment pitfalls. This far-reaching book also provides investors with practical advice on how to sell successfully in changing market conditions, including a checklist to help investors decide if they should sell or hold in adverse markets. It's Not What Stocks You Buy, It's When You Sell That Counts is a must-read for investors who may have forgotten that there is a second, equally profitable side to the market-selling.
ISBN:9679959945
