A Good Time to Sell A Little

"Buy low and sell high." ~ Wall Street Adage

With market indices at or near all time highs, I'm considering selling parts of some profitable positions, to lock in some profits.  Besides I believe the market is due for at least a small pullback, allowing me to buy back at a lower price.

My methodology is to sell peripheral positions or peripheral parts of positions that have been acquired at lower prices.  I will continue to hold the core positions, i.e. those that I plan to keep for more than a year.   So I will be staying invested.

However, I will be slightly reducing our exposure by selling stocks which have risen sharply recently, or those that have significant gains.

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This is not financial or investing advice. Please consult a professional advisor.

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