I have several mutual funds that I have held for a long period of time (some over a year, some for a couple of years). I'm up on most but down on a few. In light of recent volatility in the market, I'm thinking of making some changes by investing in some defensive funds. However, I'm wondering when is the best time to sell them. Should I sell only the ones that are down (thinking they may never make up the lost ground) or should I sell the ones that are up (take my profits and run). Any guidance would be greatly appreciated.
2007-03-26
06:51:53
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5 answers
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asked by
kosmoistheman
4