Comments on: What To Do When Investments Turn Into Great Trades http://www.peridotcapitalist.com/2008/01/what-to-do-when-investments-turn-into.html Stock market and investing blog published by Chad Brand, Founder/President of Peridot Capital Sat, 11 Feb 2012 23:26:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Wayne Mulligan http://www.peridotcapitalist.com/2008/01/what-to-do-when-investments-turn-into.html/comment-page-1#comment-800 Wayne Mulligan Tue, 15 Jan 2008 13:27:00 +0000 http://www.peridotcapitalist.com/?p=538#comment-800 At the risk of sounding cliche, I still think it's worth mentioning that nobody ever went broke taking a profit. If a stock in your portfolio is up 80% there's no reason to feel guilty for taking all of your money off the table and putting more into a position that has yet to run (especially in this market).<br/><br/>But there was some great advice here on how to take some of your principle off the table and let the profits work for you.<br/><br/>Good luck. At the risk of sounding cliche, I still think it’s worth mentioning that nobody ever went broke taking a profit. If a stock in your portfolio is up 80% there’s no reason to feel guilty for taking all of your money off the table and putting more into a position that has yet to run (especially in this market).

But there was some great advice here on how to take some of your principle off the table and let the profits work for you.

Good luck.

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