It's No Secret

66. When Should I Lock In My Losses?

January 17, 2024 Catherine Emerson and Christine Jensen Season 4 Episode 66
66. When Should I Lock In My Losses?
It's No Secret
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It's No Secret
66. When Should I Lock In My Losses?
Jan 17, 2024 Season 4 Episode 66
Catherine Emerson and Christine Jensen

In today's podcast, we're chatting about when the "right time" is to sell your investments if they're in the red (hint: there is no "right time"). 

Do you hold on and hope that it recovers its value, or do you cut your losses now and recoup what's left? We dig into this and more. 

Specifically, we discuss: 

  • Why does your investment portfolio balance move in the first place? 
  • Biases when investing; anchoring & the status quo bias 
  • Can you expect linear investment returns?
  • Questions to ask yourself when weighing up the decision to sell or not - plus a worked example with Christine's shares

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Show Notes

In today's podcast, we're chatting about when the "right time" is to sell your investments if they're in the red (hint: there is no "right time"). 

Do you hold on and hope that it recovers its value, or do you cut your losses now and recoup what's left? We dig into this and more. 

Specifically, we discuss: 

  • Why does your investment portfolio balance move in the first place? 
  • Biases when investing; anchoring & the status quo bias 
  • Can you expect linear investment returns?
  • Questions to ask yourself when weighing up the decision to sell or not - plus a worked example with Christine's shares

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz