Quote:
Originally Posted by Nightfyre
My dad and I were kicking around a similar idea. Just cash out after a good pop and leave the remainder in the stock to build a diversified portfolio over time.
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I've been doing it for quite a while in one account, but eventually switched to a different strategy. I think I was matching the market but not beating it. I adopted it for a new account and it's been doing quite well.
All in all, I like doing it because you minimize risk, keep some skin in the game if you happen to identify a stock rocket, and you don't get fleeced by mutual fund fees.