Quote:
Originally Posted by GregWeld
. But most aren't in this position ---- and there's no point in selling a holding if you have less than 10K in it! What you want to see is that 10K doubling over the next 10 years to 20K --- ya can't do that if you're scooping off every time you have a "gain".
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I was just about to type up that question... on the basis of what should us "small" investors do when we have gains (for example, my $1k purchase last year is sitting at $1.5k with a 50% gain. Do we scoop off the top and redistribute the $500 house money elsewhere, or let it ride).
Looks like you basically answered my question. Let it ride until its a "bigger stake". (or if there is another reason to sell).
But I just wanted to point that out to anyone else that was in the same boat of "what should i do...".