Many people are currently asking whether they should hold onto | ACEink Official

Many people are currently asking whether they should hold onto stocks with profit or book profits, even if they consider themselves long-term investors.

My response applies to everyone considering long-term investment:

"You need your own conviction."

Regardless of advice, if you're investing for the long term, you may panic when the stock price drops.

Invest in a way that doesn't disrupt your everyday life.

Remember, long-term investment isn't solely about price; it's about understanding the business.

Ensure you have comprehensive knowledge about the company and its business growth.

Take the time to gather as much information as possible so that you're self-sufficient in your investment decisions.

Only your own research can give you conviction to hold any stock; otherwise, a price drop can lead to selling of a good business.

Disclaimer: This is not investment advice or a recommendation.