Get rid of loosing assets.

We all keep investing somewhere or the other and it is not necessary that we make a profit in every investment, sometimes we have to bear loss also but we should set a limit for each one, whether it is profit or loss, we should know how much investment we can make and there should also be a limit on the profit because many times it happens that we make a profit. Still, we do not know when to exit from there and again our portfolio becomes the same as it was before. Many people say that as soon as they sold their shares, it increased a lot and as soon as they bought their shares, it fell further down. See, when we buy and sell anything, many things matter. If you are a long-term investor, then maybe all these things don't matter to you, but if you are a short-term investor, then such things matter a lot.

Look, there is probably no person who gets profit in every investment, sometimes you may get lucky but believe me that many times you have to bear losses as well and sometimes when you invest and even average it, even after that you suffer huge losses. But there are some assets from which you must withdraw or exit on time because we have often seen that the value of some assets keeps declining throughout the year. After all, their company is not earning any profit, so the value of their assets will fall on its own. If a company loses, then the value of its assets will also fall on its own. If you also find any such assets whose value is declining daily, you should remove them from your portfolio. In this way, you are minimising your losses because every year your portfolio will go down even more if you keep that stock or asset in your portfolio.

This does not happen only for stocks, we have often seen this in many properties and other things as well. Often when a big construction company goes somewhere, then many things around it start going away. When a big company is closed, then other things also get lost in the same way. And in such a situation, if your money is also invested in such a place, then you should send it. Sometimes you do not get customers, but many people charge very low prices and many people are also compelled to do so. Sometimes very good sets are put at a low price. Selling: If you get such an opportunity, you should use it. 1 And if you feel that you have any assets that are becoming liabilities, then you should sell them. This will be a wise decision.

Source

Translated with Google Translator, thanks

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