The Rokslide Stock Traders Thread

Normally not one to really be bothered by volatility, except currently there is a portion of my investments that I was looking to cash out sometime this summer and put towards a house.

I’ve never been in a position where I actually was interested in using that money in any sort of short term timeframe before, and The internet is obviously the best place for financial advice so I figured I’d ask…

Pros/cons to selling a few positions that are up and limiting a few losses on ones that are down?

The amounts aren’t prohibitive to the point I can’t build if (when?) things crash further. But I also tend towards the bird in the hand type approach so I’m considering bailing out earlier than planned on a few things…
I guess it depends on how much you really need the money. Taking profits is never a bad thing. If you think some of the stocks are going to rally between now and the summer I would say hold on.
You can always sell enough to get your initial investment out, at that point you are playing with house money on the rest.
 
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