Many investors spend a great deal of time deciding what to buy and when to buy it. Today’s article argues that the other side of the equation – knowing when to sell a stock – is just as important, noting that “some successful investors tend to know when they will sell a stock even before they place their buy orders.” As such, the author outlines several strategies that can be employed in the aim of developing a “selling discipline”, including the strategy advocated by the teacher of Warren “Our favorite holding period is forever” Buffett. To read more about these strategies – including how to determine when it’s time to sell winning stocks – CLICK HERE.
