66. When Should I Lock In My Losses?

It's No Secret

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In today's podcast, we're chatting about when the "right time" is to sell your investments if they're in the red (hint: there is no "right time").
Do you hold on and hope that it recovers its value, or do you cut your losses now and recoup what's left? We dig into this and more.
Specifically, we discuss:

• Why does your investment portfolio balance move in the first place?
• Biases when investing; anchoring & the status quo bias
• Can you expect linear investment returns?
• Questions to ask yourself when weighing up the decision to sell or not - plus a worked example with Christine's shares

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Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.