Cashing In: How to Prune Your Stock-Market Portfolio
Now that the stock rally has boomed ahead for more than six months and pushed up the Dow Jones industrials more than 450 points, some investment pros say it's time to begin selective selling.</br></br>Soon it will be "time for aggressive accounts to start taking some chips off the table," says Alfred Goldman, chief technical analyst for A.G. Edwards & Sons Inc. He points out that many of the people who might invest in stocks already have: "To find a bear, you almost have to look under a rock."</br></br>For investors who want to trim back, market professionals offer several guidelines on how to prune holdings. Among their suggestions:</br></br>-- Sell losers, not just winners.</br></br>-- Shed issues that have climbed to breathtaking heights.