Selling tech stocks

[1yeartogo]

If you owned Facebook, Sony, or Apple shared which had increased ~ 200% over a number of years would you be selling all or a portion of them now. Tech stocks are dropping due to concerns about inflation. I don’t need any of the $ now but am worried about losing all my gains. Theoretically I could buy back at a lower rate.

If you were me what would you sell now.

[gt7301b]

If it is a stock you plan to hold long term than I would just hold the stock. Individuals are rarely successful when trying to time the market.

If I owned Tesla I would take the gains......but I have been wrong about the valuation of Tesla, thinking it was overvalued for years.

[ny96]

We own a lot of Apple and are holding onto it for the long-term. I don’t believe Apple is overvalued and think that it’s pretty safe for an individual stock.

[1yeartogo]

Thanks! I’m not trying to say trade, I have owned all these stocks for at least 5+ years. In looking over everything for right now I think I’m going to sell some FB (1/2 of gains) and keep he others. FB has some regulatory issues and I do feel that over time they may be becoming overvalued...we will see I guess.

[ohgillian]

Feb 22, 2021 12:04:44 GMT -5 gt7301b said:

If it is a stock you plan to hold long term than I would just hold the stock. Individuals are rarely successful when trying to time the market.

If I owned Tesla I would take the gains......but I have been wrong about the valuation of Tesla, thinking it was overvalued for years.

I agree with the bolded. At the same time, you don't have to hold something forever just because you bought it. (I do not think you were saying that.) OP, I have been debating this recently with a stock I have with 100% gains. No answers here!

[awkwardpenguin]

I don't believe in holding single stocks, so yes, I would sell and invest the money in an index fund. But I also am not concerned with beating the market or maximizing gains.

[gt7301b]

Feb 22, 2021 13:06:40 GMT -5 1yeartogo said:

Thanks! I’m not trying to say trade, I have owned all these stocks for at least 5+ years. In looking over everything for right now I think I’m going to sell some FB (1/2 of gains) and keep he others. FB has some regulatory issues and I do feel that over time they may be becoming overvalued...we will see I guess.

I think this is a different reason for selling than trying to time the market.  If you don't believe in the fundamentals of a company that is a good reason to sell.