By Malcolm Stacey | Monday 3 May 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It’s Spring cleaning time. And with the markets closed, it’s an ideal time to condemn stuff you don’t want, as charity shops faced with a 17% rise in donations are finding out. And it’s also time to divest yourself of shares which are dragging down your portfolio. It’s been shown time and time again that holding onto duds limit your performance more than finding winners. Nothing is guaranteed in the chaos that is Shareland. But there are a few guidance notes, if not rules, for keeping your portfolio in a tidy and profitable state. Here they are.
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