Spring Cleaning - Is it time?

[warhippo]

Do we do this often enough? Just like my house, my investment portfolio needs regular maintenance to stay in excellent shape. I find it is sometimes good to review my portfolio and ensure that my investments are still aligned with my goals. Motto: Get rid of lagging investments. All too often, we hang on to losing investments, even when we know it's time to sell. In many/most cases, it's an emotional or behavioural decision: we often hesitate to admit we've made a poor choice. The risk is that one can cling to lagging investments long after the time to sell have passed. Try asking yourself, "If this investment was already sold, and the cash proceeds from the sale were in my account today, would I re-purchase?

[john_1]

great advice