S2 E24: What to do next after you’ve doubled your investment in the stock market. When to sell and when to hold.

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Blue Chip NOW! is now being published with video! Watch this episode here.

From the ramifications of concentrated positions to how the RSI indicator can tell us if a stock is overbought or oversold, we're covering all the bases. We'll talk about the importance of combining technical and fundamental analysis, managing risk, and avoiding common investment pitfalls like recency bias and the fear of missing out.

In this episode of Blue Chip NOW!, Chief Investment Officer, Daniel Dusina CFA®, Senior Advisor Matt Mondoux CFA®, CMT, CFP®, and the firm’s Managing Partner Dan Seder, CFA®, CMT, CFP®, discuss position sizing from various perspectives.

But it's not all serious business. We've got a fun chat about Scottie Scheffler's amazing golf season and his caddy's impressive earnings. Plus, we'll touch on some hot economic topics, like the upcoming inflation print that could shake up the markets.

And don’t miss out—check out our YouTube channel for video versions of our episodes. Ready for some great insights and a few laughs? Tune in now!

Key Points From This Episode:

[00:00:49] Rebalanced and non-rebalanced portfolios

[00:03:12] Risks associated with concentration in a portfolio

[00:04:50] Responsible investing versus reckless behavior

[00:07:10] Behavioral biases in investment decisions

[00:10:31] Regret aversion and its impact on investment strategy

[00:13:02] Exploring the endowment effect and anchoring biases

[00:15:34] Using technical analysis for selling strategies

[00:19:04] The role of RSI in identifying overbought conditions

[00:22:41] The importance of technical analysis in portfolio management

[00:25:02] Scotty Scheffler's remarkable year in golf

[00:27:40] Upcoming economic data and its potential market impact

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