Single stocks (when to sell)?

clt1979

I’ve recently started to buy a few stocks. Bought Airbnb (£1000) Google (£1000) then a few others at between £200-£300 each so far. With research I hear people sometimes look to sell pieces of stock if one of them gets above a certain % of their portfolio. My question is, with the current imbalance of my stock investments, is there a point when you would look to sell some if one went up quite significantly? If so, what sort of rise? Thanks

chockydavid1983

Rather than go by an arbitrary rule, you'd probably have to do some analysis of all the stocks you own and decide if any of them were overvalued or had peaked. Not an easy thing to do. I prefer to just buy index funds myself.

InvesterJones

Depends what your goals where when you made the investment. Usually for equities there's a goal in mind some 10+ years in the future, so you'd sell if you met your goal early (and could bring forward actioning it) or at the distant point in time when you ran out of time and needed to action something. Of course, you'd probably want to check in on your investments yearly or so and rebalance as needed to make sure they're still of the level of risk etc. that you were happy with when you started.