Q: Hello 5i
I know the policy is to stay invested through thick and thin. In the past with some companies I was up thousands. I started to see the price per share decrease but 5i wrote to "keep going we will see what happens". By the time 5i got around to throwing in the towel I was down thousands. After, when a company started to go belly up I listened to my gut and got out before 5i gave up the ghost. I saved several thousand by doing that. NOW, with PBH, I am up several thousand. Though the metrics still look good, I want to take my winnings before a disaster happens, however I will still keep the principal invested in PBH.
Question: does this sound like a plan or should I still keep fully invested in PBH?
I know the policy is to stay invested through thick and thin. In the past with some companies I was up thousands. I started to see the price per share decrease but 5i wrote to "keep going we will see what happens". By the time 5i got around to throwing in the towel I was down thousands. After, when a company started to go belly up I listened to my gut and got out before 5i gave up the ghost. I saved several thousand by doing that. NOW, with PBH, I am up several thousand. Though the metrics still look good, I want to take my winnings before a disaster happens, however I will still keep the principal invested in PBH.
Question: does this sound like a plan or should I still keep fully invested in PBH?
5i Research Answer:
Investors need to realize that there will be losses. More stocks decline than rise, but the ones that rise make up for the declines, and then some. We can't personalize the response to the question, which is essentially asking for a concrete prediction on whether the stock is going to rise or fall from here. "Fully invested" tends to work out, if one owns good companies. We think PBH qualifies. It is up 61% since it entered our portfolio. Not a stellar return, but a return nonetheless. It had a rough quarter, and we are seeing some consumer focused companies report weaker results. We would still be comfortable with it as a hold for now.