Q: Hi 5i team,
I want to sell into the market now to raise the level of cash in my portfolio. I need advice as to what stocks to sell first, given the current market conditions. Should I sell growth stocks first? Or income stocks first? Should I sell certain sectors first? Should I first sell stocks that are in a loss? Or stocks that have the highest % of gain over book value (ignoring tax)? Should I sell stocks that are close to 52 weeks high first? Please explain your strategies if you were to reduce the equity holdings to raise cash for your portfolio. Thanks for your guidance.
I want to sell into the market now to raise the level of cash in my portfolio. I need advice as to what stocks to sell first, given the current market conditions. Should I sell growth stocks first? Or income stocks first? Should I sell certain sectors first? Should I first sell stocks that are in a loss? Or stocks that have the highest % of gain over book value (ignoring tax)? Should I sell stocks that are close to 52 weeks high first? Please explain your strategies if you were to reduce the equity holdings to raise cash for your portfolio. Thanks for your guidance.