I have shares that I have been holding onto you this past 10 years..?

Question

when will it be a good time to sell it???

Answer 1

Please review your list of shares how they are performing over a period of time. Keep monitoring and sell it when they are not doing good or when they are priced very high than its value. Shares price is always on future potential (P/E) and their current returns (EPS). You also keep in mind with volume (no of shares traded in a day) and the sector (Company business like finance, technology, car manufacturer etc). I suggest you to monitor and hold them only when they are doing good don’t follow the simple thumb rule that Long term is always good. Long term is good than short term speculation so that company’s get a chance to prove them and small time market fluctuations are neutralized. There are lots of on line sites through which you can see the share price momentum Ex – Yahoo.

Answer 2

It depends on the share price, which hopefully is much higher than 10 years ago when you bought them. Sell them when you need the money, I guess. Otherwise hang on if they are doing well overall - you are still getting a dividend probably, twice a year.

Answer 3

This past ten years shares have been appauling, a very bad return. You need to keep as v.long term, or count your losses and get out

Answer 4

It depends. Are you satisfied with what you'll make off of it? Have you considered the capital gains taxes that you'll have to pay (15% for long term holds)? Are you earning good dividends off of it?

Answer 5

Not enough information here to answer. How is its price now compared to historical averages.

Answer 6

depends on what the shares are for!

Answer 7

I hope there not for Northern Rock!!!!!

Answer 8

when you can get a price for it that you're happy with.