The stock market appears to be in a state of euphoria about the end of the presidential campaign/election! The Dow Jones Industrial Average has been hitting new highs since the American people voted for businessman and real estate developer Donald J. Trump. If you have at least a 10% gain in a stock, it might be a good time to consider locking in that 10% profit and selling. Check the price/earnings ratio (PE ratio) to see if it’s at the high end for the past year. If it is, chances are you can buy the stock back at a lower price at a later date. To look at a company’s chart and PE ratio, visit www.yahoo.com and click Finance. Enter the stock’s symbol in the search bar on the right. Happy Investing!
The opinions expressed herein are solely those of the Author/WebMaster. Before taking any action, please consult your real estate, financial, and legal advisors.