Go Forward Basis

So you have a stock that is not doing well. What does the future hold for the stock? If it is unclear or not good what you need to think about is "What is good for my portfolio on a go forward basis?" There is no point in crying about spilt milk. If you have a losing stock or one that is going nowhere it is time to think about moving on. So ask yourself on a go forward basis, what is the best thing to do?

By focusing on the future you might be able to deal better with a failed investment. We all have them and we should not beat ourselves up over them. We need to move on to the future and do what is right for the future.

I often give a stock five years to prove its worth. I have bought stocks that as soon as I have bought them they go down in value. We have all been there. Yes you should review them if that happens, but if you have not changed your mind about the company, give it time. It is not a good idea to buy and sell stocks quickly if the performance you expected is not there. That is the way to lose money. You need instead to sit back and give you decision time to play out.

On my other blog I wrote yesterday about Valener Inc. (TSX-VNR, OTC-VNRCF)... learn more. Tomorrow, I will write about Shaw Communications Inc. (TSX-SJR.B, NYSE-SJR)... learn more on Friday, February3, 2017 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter.