You’ve got to know when to fold ‘em

Is it time to dump that poorly performing stock?

a stock before investing and not as much afterwards,” says Gamel. “You should keep up with your holdings, especially now that so much information is available on the Internet.”

Keep informed about what the company is doing and what analysts are saying. If there’s no compelling reason to remain an investor in a certain company, that’s when it’s time to sell and put your money into a better prospect.

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