RE: Selling a %9 Jun 2021 11:21
Utah, we both have similar aims by the sound of it! I'm trying to build a sustainable portfolio of reliable dividend payers for myself and my wife to enjoy a comfortable retirement. However, I've also been able to invest in more speculative shares over the years (principally this and PXS) which I have been able to derisk, reinvesting my original stake and a bit of profit. All my investments are held within ISA's and a SIPP, and I very much hope to be able to pass this on to my children if I'm fortunate enough not to need long-term care. When things look really bad and everyone is doom and gloom, that's when I buy. When we have a run like we're having in SAR right now, that's when I sell. There's no shame in taking a profit. Despite how it looks now and all the positivity, we're only ever one RNS away from it all coming crashing down, as I know to my cost with other shares.
On a linked matter, I've got a hospital appointment tomorrow and I'm producing a "digital will" this morning in case of bad news. That helps concentrate the mind on what's really important in life. Whatever you decide to do, I hope it works out well for you and your family. We've waited long enough for this day to arrive after all. K