UK 06:45 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
We banked a big gain on a Nifty Fifty share tip earlier today. And in this podcast I look at all the issues of how you should deal with banking profits or indeed talking losses on shares you own.
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Comments
DUCK AND DIVE
You forgot to mention the topical CGT consideration. At this time of year, those of us facing a hefty CGT liability (that would be 100% of ShareProphets readers surely) should be crystallising losses in any old frogs hiding behind the sofa. If we delude ourselves into thinking that they will definitely be handsome princes some day, then we can buy them back in 31 days’ time having offset the CGT for this tax year.
Barford
Reminds me of my Thomas Cook investment… Sold last year a small profit at wot 25p I was happy and got bored with the stock…
And bang few weeks/months later it shoots up and today if I’d held I’d be up 500% odd percent …damn gets me cross even now! But I think and hope I’ve learned from it….
But then the other side of the coin on the LSE theirs someone with 65k of afren stock at 10.2p mmmm its all about knowing the right time and accepting you get it wrong sometimes…
paul
BARFORD
Yeah, I got caught by the doom and gloom merchants (some of which on this site, no names mentioned!) re Thomas Cook, and sold up @ 24p, after holding for an age. Important lesson learned, remember why you purchased the stock, and trust your own research and instinct! A painful but valuable lesson learned!
Also sods law says, ‘if you want one of your stocks to rocket, sell it!’
drunken sailor
You don’t have t sell all your holdings to bank profit. Just sell enough to get your money back and be on a free ride for the rest. If it goes on and multibags great what a free ride, if it ends up tanking so what it has cost nothing. The key is to continually re-evaluate and to cut losses and not delude yourself. The paper profit is not a profit until you bag it line works twice as hard the other way, we hate taking losses, we hate admitting we are wrong, but if you do sound analysis and re-evaluate dispassionately you can save a fortune which you can re-invest and make back the losses and more. A good technique is to look at what your holding is worth and say if I had that amount in cash would I put it into this company or is there another company I would rather put it into. If the answer is another company then sell at least some and put the money into that company.