Aguytrying wrote:@its2013, icecube. what if the same investor bought cic at equivalent of 1.00 shs before it listed. the company is doing well and will do so for the foreseeable future. is there really any need for him to sell at 11.00?
you see his capital has already grown 8 fold,
If he sells, do you think he will ever buy cic at 1.00 shs again?
If his capital has grown 8 fold, has it grown just on paper or in his pocket? I guess it will only grow in his pocket if he sells the shares. If he decides to keep the shares, the growth will just be on paper, with the only cash flow being on dividends declared, if any, which will also depend on the number of shares held. As @its2013 has indicated, I agree money grows faster when it is reinvested in better compounding investments. Attaching so much sentimental value to a stock may be good, satisfying and consoling but may not realize the gains intended at the right time.