Comment by godelski

What's the old Rockefeller clique? When your shoe shiner is giving you stock advice it is time to sell (may have heard the taxicab driver version).

It depends on how risk adverse you are and how much money you have there.

If you're happy with those returns, sell. FOMO is dumb. You can't time the market, the information just isn't available. If those shares are worth a meaningful amount of money, sell. Take your wins and walk away. A bird in your hand is worth more than two in the bush, right? That money isn't worth anything until it is realized[0].

Think about it this way: how much more would you need to make to risk making nothing? Or losing money? This is probably the most important question when investing.

If you're a little risk adverse or a good chunk of your profile is in it, sell 50-80% of it and then diversify. You're taking wins and restructuring.

If you wanna YOLO, then YOLO.

My advice? Don't let hindsight get in the way of foresight.

[0] I had some Nvidia stocks at 450 and sold at 900 (before the split, so would be $90 today). I definitely would have made more money if I kept them. Almost double if I sold today! But I don't look back for a second. I sold those shares and was able to pay off my student debt. Having this debt paid off is still a better decision in my mind because I can't predict the future. I could have sold 2 weeks later and made less! Or even in April of this year and made the same amount of money.