07-02-2011, 08:08 AM
Patience is a virtue in investing. We have to be patient for our stocks to rise in value and also patient for the market to present us undervalued stocks.
Personally, in ur case, I would monitor my portfolio closely and if the fundamentals of the company turn for the worst or the market gets super overheated (market P/E in the 20s and above. average P/E ~15), I would like to divest.
Personally, in ur case, I would monitor my portfolio closely and if the fundamentals of the company turn for the worst or the market gets super overheated (market P/E in the 20s and above. average P/E ~15), I would like to divest.
Visit my personal investing blog at http://financiallyfreenow.wordpress.com now!