What do you do when your shares more than double?

atush

jimjames wrote: »

I've done this in the past and now come to regret it - it was an investment trust share not an individual company but since I sold it carried on doubling and I would now had a very substantial slice of my portfolio in it if I had kept my nerve. Admittedly it could have gone the other way but is less likely for a collective investment.

I was talking individual shares.

I don't tend to do this with investment trusts- I keep on holding them. Some of mine such as say Aberdeen Asian Smaller companies have more than tripled/quadrupled since I bought them and I am still holding them.

atush

darkvader wrote: »

Well you are just looking at it in a different way which does not translate to what you are getting back - when you sell £125 you get back the £120 you invested. Rather than saying its 50% cost and 50% profit, in real money terms, you have got back 'your' investment cost. So practically, by selling 50% of an investment that has doubled, you recoup your initial outgoings - whether its made of only 50% of what you put in is not relevant right? Individual elements that constitute the sale of that amount is not relevant. What matters is you get back what you put in with the remainder invested for free (or taken out and invested somewhere else) - and its not a rare or new way of thinking, its been around for a long time

DV

I must admit, I share your view on this. I consider selling half when the price doubles (taking into acct costs of buying selling) to be recouping my initial investment- not half of it. Which I then use to buy something else to diversify.

WHen I started out investing, I couldn't afford to hold very many shares as I saved up the cash each time to buy them. So doing this helped me diversify my holdings faster.