I recently started having a reasonable sized income to allow me to start worrying about what to do with my savings. I read a lot about the secure strategy of staking on bonds or ETFs and enjoying a higher rate compared to your bank account. I prefer stock picking as it is more interesting and challenging.
I have a question, if in month 1 I pick a stock (or ETFs or whatever) and by month 5 it is up 30%, why should I stake on it again in month 5? In general, when your picks are going well, how do you re-invest in them without losing value?
Submitted July 29, 2023 at 03:11AM by boardsteak https://ift.tt/Ykq6bv9
