In an op-ed for The Globe and Mail, Professor George Athanassakos provided an in-depth strategy and eight-point checklist for determining the appropriate time to sell your stock.
Athanassakos noted that the decision to sell is often more difficult and emotion-filled than the decision to buy.
“That is why it is important for investors to have an analytical approach and a checklist that will also help them guard against the possible emotional backlash of having to make a sell decision,” he said.
We generally hear about investing approaches for buying stocks, but Athanassakos has looked at the other side of the spectrum and discussed ways to know when the time has come to sell your stocks.