How much you paid for the stock should not affect your decision and short term fluctuations should be ignored.
Whether to sell depends on your goals and the fundamentals of the company.
If you need the money now for an important purpose then sell only as much as you need.
Normally, you should hold your stocks for as long as the fundamentals are good.
Company "fundamentals" are things like steady earnings each year instead of losses and very little long term debt so they won't get into financial trouble.
If the fundamentals go bad, sell and then buy good stocks.
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If you buy stock hoping that you can sell it for a quick profit because of the daily or monthly swings in price, then you are not investing. You are trying to guess better than the public (including the professionals) how the price will change. That is gambling.
When you buy and hold quality stocks over a period of time, the prices will go up for a real reason; the companies are earning money every year and becoming more valuable. This is investing.
?For when to hold:
Hold on to your stocks in good companies to allow them time to earn money for you. Except for your special goals, you don't ever want to sell.
If you save a portion of your income each payday and as it accumulates invest in sturdy stocks, then over the course of several years you can grow very wealthy indeed. It is like hiring someone to get a job and earn money for you, and then using that money to hire more workers. Your money grows exponentially .
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Unless you think the stock is going to tank in the near future I would hold onto it. You must have thought it was a good stock or you wouldn't have bought it. Don't second guess yourself so soon. Also the stock market is doing very bad today, so give it a few days to recover and you will feel better about it.
I am just getting into investing and made a dumb buy. I invested $350 in a company with commission of $10 to buy and $10 to sell. I should've invested more if i was going to i think. any way of that $350 i have lost 50 should i just back out?
