Remember, stocks can go up or down - but their valuation is only a paper value - it's not realised until you sell them. Selling at a bottom is one of the worst investing mistakes.

Try not to sell at the bottom, unless you have to. As for the taxes, well... the best way it to call up a tax person and ask them, because it will all depend on your situation (income, etc...)

Hi,
what is the reason for wanting to get out of the investment? Did you think before you placed your hard earned money into the market? Is it because you've experienced the recent declines?
Don't do anything hasty .... you should always think before you act, and remember - at the end of the day it is only money. your health is way more important.

One of the finest ways to invest small amounts of money economically is through Dividend Reinvestment Plans, also known as Drips…. Direct Stock Purchase Plans agree to you to bypass brokers commissions by buying stock directly from the companies or their agent...

If you get out of the stock in a panic then you will again bear losses so you must be more smart while dealing in stock exchange and don't get disappointed and know as much about stock exchange as you can. Best of luck next time dude.

US stocks are at worst fairly valued, and potentially very undervalued if long-term rates remain low. If you don't need the funds for several years, I would stay the course.

I recommend you to stay with your banks financial account and take suggestion of some professional stock expert.....

buy and hold is the strategy that most successful investors will tell you. If you don't need the funds, leave them alone. The markets will get back to their days of old, it just requires a great amount of patience. You can't invest successfully with emotions tied to your money

If you regret going to the stock market, then you must have lost money on it.
Then where is the question of paying taxes.

I could not get the question.

Hi,

Sell your shares when the market is up or at least when you get amount you have invested. Otherwise sell it now and close the bank account. This will also help in not paying any extra taxes.

Hope this will help you.

Lots of interesting advice here. I would like to know when a person knows the stock is at its bottom and it is time to sell? And how do you know that it is time to sell when the stock is up? Up to what? My point is that trading is a complex art, not science, that differs for everyone based on what they are trying to accomplish.

Some people are saying that you should not sell your stock because it will eventually come back. Tell that to the thousands of Enron employees that watched their 401k company stock program go to zero. And they are many more examples.

What you have to do when you buy stock is decide on what it is you are trying to accomplish and then set some parameters such as I will sell this stock at x price and get out or I will buy at z price when it goes down. Remember this is gambling and unless you have insider information, which is illegal, you have no control on what the stock is going to do. Set your sell and buy parameters and move on.

RichS CFP(r)
www.insimplelanguage.com

RichS seems to have the idea!

I like this advice. It really makes a lot of sense. Setting a goal-rate is a good advice. It gives you a sense of target to reach rather than keep on waiting and waiting for the 'better' rate. It will be and endless waiting game.

Set Targets. Yes that is a good start. With doing that, you are setting yourself a goal to reach. The focus will be to reach that goal and succeed. It can be considered as psychology but as long as it works for you, go for it.