Tempted to cash in the gains

Dec 5, 2020 22 Comments

Hello..I am new in thr stock market , started with a small investment of $20K last year .However, after the market crash in March this year and subsequent market corrections and sell off in following months, i have ended up investing about $90K in over 60+ stocks. I feel my potfolio is bit overdiversified . Till date, the return is about 57% (up by about $48K). I am now tempted to sell some of the stocks which gave good returns. However, I am still in two minds whther to hold or sell. I sold some stocks midway this year like NVDA,MSFT,BABA,Qualcom and Lam research which further went up . Is there a good exit strategy for stock market?
#personalfinance #investments #crash

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