In this Business Talk with Michael Avery interview, PSG Head of Securities Wendy Myers unpacks when it is the right time to sell a stock.<\/p>\n\n\n\n
Myers is a qualified Chartered Accountant who boasts over 20 years of experience in the financial and investing industries.<\/p>\n\n\n\n
Her financial career began as a Global Markets Finance Business Partner for Rand Merchant Bank in 2004.<\/p>\n\n\n\n
Myers worked in this position for over ten years before being appointed COO of FNB Stockbroking and Portfolio Management for Ashburton Investments in 2015.<\/p>\n\n\n\n
She was then appointed COO of FNB Wealth and Investments in 2017, before taking on her current role at PSG Wealth in 2021.<\/p>\n\n\n\n
Myers has also held several other important roles in the financial sector, including being a member of the South African Institute of Stockbrokers since 2000.<\/p>\n\n\n\n
Myers begins this interview by providing her key guidelines that should be considered when deciding when to sell a stock.<\/p>\n\n\n\n
She emphasises the importance of controlling the two emotions that often affect investors when deciding whether to sell a stock \u2013 greed and fear.<\/p>\n\n\n\n
Myers then explains when she believes investors should refrain from selling a stock \u2013 even when the temptation exists.<\/p>\n\n\n\n
These include being tempted to sell when a stock\u2019s price makes a sudden jump either up or down.<\/p>\n\n\n\n
Myers also unpacks the benefits of working with a financial advisor to determine when is the right time to exit a share.<\/p>\n\n\n\n
Watch the full interview with Wendy Myers below.<\/p>\n\n\n\n