It is not your stock broker's job to watch your portfolio. It is your job. Or it is the job of your high dollar investment consultant, who you pay a lot more than a broker.
Strive to outperform the benchmark (in bull and bear markets). YOU DON'T HAVE TO DOUBLE THE MARKET. If the market has returned 1.7% for the week and your portfolio has returned 1.8% you have done your job. If the market has returned -47% for the year and your portfolio has returned -40% you have done a fantastic job!
IT'S WORKED FOR SEVENTY + YEARS (the market)! Have you? Or do you know anything else that has?
Never be afraid to take a gain (even if you could have done sooo muuch better).
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