I am the average result of my habits, the company I keep and what I read.
Holding forever vs. taking a profit.
I made a long journey between my initial thinking of holding a good investment forever to my current position of taking what I call a 50@50 profit target. I guess it is also a matter of the asset class you are investing in, your personality, and your methodology. I started with real estate and moved on to an exploration journey that got me to hyper-growth companies. (with liquidity- meaning, you can trade them) Why hold an investment forever? (20/30/40 years)Finding an excellent business that...
Holding forever vs. taking a profit.
I made a long journey between my initial thinking of holding a good investment forever to my current position of taking what I call a 50@50 profit target. I guess it is also a matter of the asset class you are investing in, your personality, and your methodology. I started with real estate and moved on to an exploration journey that got me to hyper-growth companies. (with liquidity- meaning, you can trade them) Why hold an investment forever? (20/30/40 years)Finding an excellent business that...
