12H·

Multi-excavator handling

I'm curious how you deal with multibaggers? Do you have a strategy, e.g. to sell a certain part at 2x or 3x?

I haven't had this "problem" that often so far, but now the cases are piling up.

Some of them are clear cases where I have already sold 50% after 3x because they are hype stocks ($QBTS (+11.93%) , $RGTI ) ... but partly also longterm investments like $NVDA (-0.8%) , $PLTR (-6.93%)

3 Comments

Daffy@Daffy

11H

I am not a fan of not letting profits run further just because the share in the portfolio increases disproportionately.

Three questions you should ask yourself:

1. do you believe in the stock's long-term future? (Or is it just a bet for you, where you are secretly relieved when you have realized the profit?)

2. do you not really need the money? (In other words, is it worth paying tax on these high profits now just to reinvest them later?)

3. do you have the patience to sit out a setback (for years if necessary)?

If you can answer yes to all three questions, then screw the disproportionate share in the portfolio.

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