Q: Hi, looking at a couple of stocks that have had a good run. TVK comes to mind, I now have about a 7%+ position and doubled my money on this stock (thanks for your good work). I know it’s a personal preference but I’m unsure, part of me says let it run, another says sell at least 25% .
Do you have a set rule that you use with higher growth stock? And of course if I sell I have to find something else, or preserve my capital. (A good problem to have).
Do you have a set rule that you use with higher growth stock? And of course if I sell I have to find something else, or preserve my capital. (A good problem to have).
5i Research Answer:
We tend to have a 7% 'watch closey' rule and a 10% 'time to sell at least some' rule. But we...