Value Investing in Your Car Episode 30: The 3 Times You Need to Sell Your Stock

The Goal Of This Podcast Is To Help You Achieve This

I’m curious about everything so this leads to a wide range of reading and learning outside of value investing, finance, and investing.

In these Value Investing In Your Car episodes, we talk about some of these things and much more to help you become a better value investor faster.

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Mental models
When does value investing work best
Where it works
You get book reviews from everything I learn from
I talk about the most important thing I learned in 2017
How to learn faster
The 4 most USELESS investing metrics
If I could only use 3 investing metrics, what would they be
And much more…

If you want to learn from the other episodes in this series, you can watch the entire playlist here.

Today, I tell you the three times you NEED to sell your stock.

The 3 Times You Need to Sell Your Stock

*This is what most people do in the stock market. This blog is here to help you avoid these same mistakes.*

The graphic above is what most people do in the market and the complete opposite of what we’re supposed to do.

Why do people do this even though they know they’re not supposed to?

Because they can’t control their emotions and haven’t built systems to help take their emotions out of their buy and sell decisions.

Another reason…

Almost everyone focuses on how, when, and where to buy an investment, but almost no one talks about when to sell.

In this post today I share my process for deciding when to sell a stock and when to take emotion out of the equation.

I also share why I came up with this process…

Hint: It’s because I used to rely on emotions to sell too and missed out on a huge opportunity I saw coming.

Learn how to value stocks 23 different ways in our Value Investing Masterclass by clicking here.

Let’s get to it…

In the 11-minute video above, I tell you the 3 and sometimes 4 reasons I sell a stock.

Some of the things I talk about in the video are…

The importance of building systems and processes to take emotion out of your investment process
Why barring an NCAV situation I NEVER sell other than when one of these 4 reasons happen
What these 4 times are
Why I chose these systems
How it’s helped me take emotion out of my decision-making process
And more…

Did I miss something? Do you have a system in place to sell? If not, why? Let me know in the comments below.

If you want to become a world-class value investor faster, click on the link to my post on this below.

https://www.valueinvestingjourney.com/2018/01/throwback-thursday-10-tips-to-becoming-a-world-class-investment-analyst/

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