IFB137: How To Control Your Emotions When Selling A Stock




The Investing for Beginners Podcast - Your Path to Financial Freedom show

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/C8SPDIcXuHbX_u3uTKMfCdu8fllfRQMF-0UGZpv6GQ3_R4ZOLUDblZmK8epKy7kch4w0V_N-U1DGKPjgxON0ASiUqUw?loadFrom=DocumentDeeplink&amp;ts=0.63">00:00</a>                     You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew Sather and Dave Ahern. To decode<br> industry jargon, silence crippling confusion and help you overcome emotions by<br> looking at the numbers. Your path to financial freedom starts now.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/C8SPDIcXuHbX_u3uTKMfCdu8fllfRQMF-0UGZpv6GQ3_R4ZOLUDblZmK8epKy7kch4w0V_N-U1DGKPjgxON0ASiUqUw?loadFrom=DocumentDeeplink&amp;ts=37.38">00:37</a>                     All<br> right folks, welcome to Investing for Beginners podcast, this is episode 137.<br> Tonight Andrew and I are going to go back to the mailbox, and we’re going to<br> answer a listener question. We’ve got a great one the other day and Andrew and<br> I thought we would take a few moments while who were kidding. We could, it<br> could be a little longer than a few minutes and we’re going to go ahead and<br> answer the question on air for the person. So I’m going to go ahead and read<br> the question and then I’ll have my friend Andrew take a first stab at answering<br> it. So we’re going to go with:<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/C8SPDIcXuHbX_u3uTKMfCdu8fllfRQMF-0UGZpv6GQ3_R4ZOLUDblZmK8epKy7kch4w0V_N-U1DGKPjgxON0ASiUqUw?loadFrom=DocumentDeeplink&amp;ts=66.99">01:06</a>                     hi<br> Andrew. I have a question for you. If I invest in a company for its dividends<br> and the stock makes a run, and I feel that has reached or surpass what I have<br> figured out what its intrinsic value is, what do I do now? What if the stock<br> starts to decline? Do you sell and wait for a new bite point or do you hold on<br> even if it declines 10 20 or 30% because you like this company? Does it seem<br> like a dual-edged sword? You like it so you want to hold onto it but you don’t<br> want to give up all that equity that you’ve made because of the dividends you<br> could be getting. I need help working through my emotions in this regard, Tom.<br> All right. Andrew, what are your thoughts on Tom’s question?<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/C8SPDIcXuHbX_u3uTKMfCdu8fllfRQMF-0UGZpv6GQ3_R4ZOLUDblZmK8epKy7kch4w0V_N-U1DGKPjgxON0ASiUqUw?loadFrom=DocumentDeeplink&amp;ts=104.96">01:44</a>                     I<br> like the question a lot. I think it’s a good timing just based on where I’m at<br> right now in my investing stages,