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sell and button
sell and button
(pupunkkop/Getty Images/iStockphoto)

How to know when to sell your shares

A few weeks ago, I was the guest speaker at an investment club meeting. When it came time for the question period, one lady raised the issue that has bedeviled investors since trading began: “When is the right time to sell?”

The simplistic, and completely useless, answer is when a stock is at a price it is unlikely to ever exceed. Absent a time machine, that’s impossible to know except after the fact.