Quote:
Originally Posted by tibal
Number one tip right there. Take half the gains
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If you really want to build up your portfolio, take out half the money when a position doubles. Out of those proceeds, use half to buy something else you expect to grow. The other half goes into something vanilla with a great dividend yield. Let the dividends reinvest. If you do it long enough, you can make some real money and the overall portfolio is far less volatile.