1 Answers: Should "Growth Funds" Be Sold At Certain Times?
If you own a “growth” index or mutual fund, should you sell them (assuming you don’t need the money) before retirement? Like, if you think a recession is coming, should you sell it? Or, do you just buy and hold for decades until retirement? By growth, I mean fast growing companies are in the fund. I’m wondering, because I have a Vanguard growth type of index fund. But, it’s been battered in the stock market lately. I don’t know if I should just buy and hold and never sell (even during down times or if I think it’s going to go down) and just wait until decades later in retirement to sell so it can compound? Or, SHOULD you sell them at certain times (and maybe rebuy later or buy another fund)?