Nice job 👍. My cap is 5% per holding and my primary reason for selling is if a stock stops paying or increasing the dividend. I am primarily a growth dividend investor so increasing the dividend is most important to me. I don’t typically sell my long term stocks/ETFs since I generate a good amount of covered call income that provides some downside protection.
Hey Dream Gurl! There are many reasons why people sell stocks but for me...1. Rebalancing is something I have just started doing. 2. If the stock no longer provides a dividend. 3. If my strategy (Learned from one of your previous videos) is out of whack. 4. Outsourcing to reclaim and redirect my energies. e.g. Options trading vs Options based ETFs 5. Dividend harvesting (Quarterly or greater...I don't touch monthly or weekly). 6. New business cycles in other markets in the world e.g. China is in early growth phase (see recent stimulus). 7. Total return is not stable over 1 and 5 year timeframes. 8. Selling to limit losses e.g. there is a place on the chart where you are simply wrong. 9. Selling to take profits. 10. There are better opportunities elsewhere. Hope I have repaid a little of what you have shown me. Love your work! Cheers! 🍾
I'm based in Hong Kong, the market is always bumpy but it's down for the last five years. Literally back to 1997 level for a time. Some sectors down 60% (pharma). Selling losers is hard because of the psychology of locking in losses but once the mindset shifts to if/how the money can be better deployed in the future, selling the losers become easier. Incidentally, there's no capital gains tax or dividend tax but no offsets for losses either.
@@thedividenddreamLesson in learning to move on from losers, belatedly, but learned. The saving grace overall is Hong Kong companies are high dividend payers, averaging around 5%. So they can produce a nice extra stream of income. Only tax on salary, which makes doing taxes take less than five minutes. Not even property tax or sales tax! There is a small stock purchase transaction tax, and excise tax on cars, some alcohol (not beer or wine!) and oils. That's it.
Nice job 👍. My cap is 5% per holding and my primary reason for selling is if a stock stops paying or increasing the dividend. I am primarily a growth dividend investor so increasing the dividend is most important to me. I don’t typically sell my long term stocks/ETFs since I generate a good amount of covered call income that provides some downside protection.
Good stuff! Cheers 🥂
Good video on a subject that people rarely discuss. Selling stocks is difficult.
Glad you think so! I do get the question every time the market runs up. So now, I have an answer to point them to 😉
As always out standing job !:)
Thank you! Cheers! 🥂
Hey Dream Gurl! There are many reasons why people sell stocks but for me...1. Rebalancing is something I have just started doing. 2. If the stock no longer provides a dividend. 3. If my strategy (Learned from one of your previous videos) is out of whack. 4. Outsourcing to reclaim and redirect my energies. e.g. Options trading vs Options based ETFs 5. Dividend harvesting (Quarterly or greater...I don't touch monthly or weekly). 6. New business cycles in other markets in the world e.g. China is in early growth phase (see recent stimulus). 7. Total return is not stable over 1 and 5 year timeframes. 8. Selling to limit losses e.g. there is a place on the chart where you are simply wrong. 9. Selling to take profits. 10. There are better opportunities elsewhere. Hope I have repaid a little of what you have shown me. Love your work! Cheers! 🍾
Love it! Thanks for the adds 😉
Another good one, Dream. Often people discuss “buying & holding forever“ but rarely discuss when to sell. I happily collected my Tesla gains 🤑❤
Boom! 💥 good for you!
Solid information
Glad it was helpful!
I'm based in Hong Kong, the market is always bumpy but it's down for the last five years. Literally back to 1997 level for a time. Some sectors down 60% (pharma). Selling losers is hard because of the psychology of locking in losses but once the mindset shifts to if/how the money can be better deployed in the future, selling the losers become easier.
Incidentally, there's no capital gains tax or dividend tax but no offsets for losses either.
Interesting! Yeah, I do not know the Hong Kong market at all. No taxes!? That’s amazing 🤩
@@thedividenddreamLesson in learning to move on from losers, belatedly, but learned. The saving grace overall is Hong Kong companies are high dividend payers, averaging around 5%. So they can produce a nice extra stream of income.
Only tax on salary, which makes doing taxes take less than five minutes. Not even property tax or sales tax! There is a small stock purchase transaction tax, and excise tax on cars, some alcohol (not beer or wine!) and oils. That's it.
Very helpful. Many times praying does not works. 😀
So true!
Your MSTR buddy saying high and giving likes.
Oh goodie. You got some gains 😉
First🤪
Indeed 🏆🫵