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Definitely have heard of it. I locked in my profit on AMZN at $63/share. I'm not a trader, have no confidence I can time the market. I buy for long term hold (
by 11thEarlOfMar 7y ago
Definitely have heard of it. I locked in my profit on AMZN at $63/share.
I'm not a trader, have no confidence I can time the market. I buy for long term hold (expect the company to take a major share of a growing market) and for dividends. In the case of the dividend investments, if the stock appreciates substantially (60%+) then yes, I do sell it and lock in the profit, reinvest in a higher yielding stock. But I don't try to time it.