(11-07-2013, 10:06 AM)Dan Mac @DGSInvesting Wrote: I've always been in the camp of buy and hold forever (unless something changes with the company). Do you ever consider selling when you get some quick large gains?
Would only consider selling if the company has cut it's dividend, stopped increasing the dividend (and my YOC is low), there is no sign the company will begin increasing anytime soon, or I feel the company is running into deep trouble.
I would never sell just to get a quick gain unless I needed the money.
I hold stocks for the growing income. Chances are if a company is expensive, they are showing good earnings and increasing the dividend. I definitely would not be adding to the position.