Have you ever wanted to kick yourself because you sold a stock that just kept going up and up?
It happens to the best of us…
Earlier this year, at Red Hot Penny Shares it happened with DRD Gold.
We bought the stock at 265c in June 2019 and sold it at 1577c in May 2020.
Adding in the dividends we received I was very happy with a 519.62% gain.
A mere 2 months later the stock hi... ››› more
Before you invest in any stock or asset, you should know when you're going to sell it. This means having a solid exit strategy.
The last thing you want is to be holding on to a stock as its value sinks, hoping that it will recover.
So what's the best exit strategy to follow?
Read on to find out…
A stop loss prevents you making large losses on one investment
Investing in stocks ... ››› more
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