“Gold prices aren’t going any higher,” a friend remarked to me back in April. “I’m selling.”
At the time, the Middle East looked set to erupt into all-out war. An Iranian drone strike in Israel had kicked off a swift escalation. Six days later, explosions were ringing out over the Iranian city of Isfahan…
As tensions flared, investors fled to the safety of gold. The asset rose to an all-time high on April 19.
It’s tempting to sell your assets after a big rally. I get it. But doing so robs you of one of your biggest advantages as an individual investor – your timeline…
This post originally appeared at DailyWealth.