In the following video, Fool contributor Matt Thalman discusses a few questions every investor should ask after one of his or her holdings doubles, triples, or increases even more than that in value. Matt feels the five most important questions are: what will the tax implications on the holding be, what's your portfolio allocation, how risky is the holding, what's your investing time frame, and what was your initial investing thesis and is it still good?
If a stock has a big run-up, the almost immediate question of when to sell usually follows the joy of picking a winner.
About the Author
Matt first became interested in the stock market while attending West Virginia University. A finance professor told a story about how a few thousand dollars invested in Mylan Pharmaceutical's stock in the 1970's had turned a number of employees, some even working as janitors at the company, into millionaires after holding onto their shares for more than 30 years. The seed of investing in quality stocks and holding those positions for a very long time was planted. After completing his MBA and working in the hospitality industry in Las Vegas for a number of years, Matt joined the Fool as a contributor in 2011. Follow his stock picks on CAPS at TMFMT.
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