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66. When Should I Lock In My Losses?
Manage episode 395716258 series 2892167
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
If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.
SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify
Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz
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.
136 episodes
Manage episode 395716258 series 2892167
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
If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.
SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify
Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz
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.
136 episodes
All episodes
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