Pragnesh’s portfolio

Selling an investment without a solid reason may not be an optimal strategy, as the capital obtained from the sale can either be :

1. Held in cash and lose value due to inflation, or
2. Reinvested with potentially lower risk/reward resulting in lower returns on one’s net worth, or
3. Reinvested with similar or higher risk/reward, but incurring capital gains taxes which can diminish returns.

All options, therefore, are worse than remaining invested. It is therefore far better to remain invested unless there is a good reason to sell.