Is it time to take profit on shares??

amictus

porkypine wrote: »

The FTSE seems to have had a nice little rally over the last few days jumping from lows last week of well below 5000 to around 5400 now. Just getting a little edgy and waiting for the next big falls.!!

I am not overweight on enquities and have plenty of cash waiting to buy if and when the opportunities occur which I am sure they will in the future.

I have a few stocks lined up that I missed out on during the minimum last week. I'm now sitting on my hands waiting for another good buying opportunity. With the recent rally I'm getting twitchy...

porkypine wrote: »

I have decided to hold fire with ALL of my stocks and keep reinvesting dividends. Hope for a downside in the future so that I can take advantage of further buying.

gadgetmind wrote: »

That's a cool-headed view. Well done.

Not sure if it sounds harsh... but I hope you're right!

IronWolf

Just think about it this way. If you sell one of them now, who is getting a better deal, you or the person buying them?

If you don't have an idea in your mind as to what the stock is actually worth then you should do some more reading about how to value companies.