Re: Just bought my 1st 2 stocks
Unlike a mutual fund, an individual stock can continue to decline and go to zero, when should you sell the declining stock, never?
It also keeps your money tied up while your waiting for the stock to increase (if it does). If it's falling way beyond your initial expectations, doesn't it make more sense to cut your losses and move the money into another potentially profitable stock or some other form of investment?
|