Ignition to Wealth

061 | Cut Your Losses: When Should You Sell a Stock?


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In Today’s Episode

Eric and Brandon discuss the strategy of knowing when to sell an investment. The guys breakdown some reasons why you’d want to cut your losses and some strategies to use when looking at your portfolio.

 

What You’ll Get Out of Today’s Show

  • What signs to look for when an investment no longer fits your portfolio 
  • Sometimes taking a profit is better than sitting on an investment that you don’t think will keep increasing in value
  • How swing trades come into play when selling an investment
  • How to incorporate a Stop-Loss in your investment accounts to prevent a blindside drop in value
  • Using your losses as a tax loss harvesting strategy

 

Links Mentioned in This Episode

 

ignitiontowealth.com/resources

 

ignitiontowealth.com/tools

 

ignitiontowealth.com

 

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