need to raise a bit of cash and was thinking of selling some shares ive had for years.
is there a good site that gives advice about whether to sell / hold shares in specific companies?
got IAG, standard life, national grid & BT. Thinking of getting rid of the standard life ones as they seem the worst performer but i know nothing much about shares!
hl.co.uk gives you a summary of analysts recommendations for shares (buy, sell, hold).
No-one knows shit. You only need to believe in the weakest form of the efficient market to realise that even if a small handful of people actually do know what is going on, there's bugger all you can personally do about it. Buy and sell on yield and diversity, not on "this share is going to go up/down". And don't buy or sell too much, cos you always lose on dealing costs. If the amounts involved may make CGT an issue, then read up on that, or ask someone who knows (it's not difficult).
if you need the money, why not just sell?
You've made nothing until you pony up and click the sell button.
I get frustrated with people that sell shares for a specific purpose and then moan the price rising later. If you need a kitchen / house deposit / clear debt now, take the price as it stands.
^^
just wondered if any of these companies were better to hold onto than others
If any of us knew the answer to that we'd be too busy sunning ourselves on faraway islands to bother skulking around here....
🙂
