Decision on Taking Unrealised Gain

[doigy99]

Hi,

I purchased a European Index Tracker Fund wrapped in an ISA which I planned to hold until retirement (I'm 30 years old now). The fund has now risen over a few years and currently stands with unrealised gains of around 50%.

I'm not sure if I should sell the holding and take the gain and re invest at some point in the future and basically consolidate my holding or should i just hold this until retirement as previously planned?

Apologies for the basic question, but im really not sure if consolidating would benefit me long term or does it not matter at all?

Many thanks

 

[zaysev36]

Well, basically if the rise was sudden and there was no real reason for it, then it would mean that it might go back to justified levels, right? I probably misunderstood something, but I would sell the holding and reinvested to a similar fund.

 

[doigy99]

I bought the European Index Tracker Fund back in 2011 when there was a drop in the market and I could lock in at a low price. Since then I have been sitting on high unrealised gains.

Is it worth me taking the gains now and using this to increase my position in the same fund or should I be content that I bought at a low price and hold fir the long term?

I honestly cant work out which is more beneficial to me in the long run.

 

[zaysev36]

I bought the European Index Tracker Fund back in 2011 when there was a drop in the market and I could lock in at a low price. Since then I have been sitting on high unrealised gains.

Is it worth me taking the gains now and using this to increase my position in the same fund or should I be content that I bought at a low price and hold fir the long term?

I honestly cant work out which is more beneficial to me in the long run.

The way I see it, if you are concerned about long-term results, then just keep it. There is a point to sell it only if you want your gains here and now.

 

[EnlightenedJoe]

It doesn't matter what people tell you, they are likely to be wrong on hind sight. Same will likely be true for yourself. But if you are a particularly lucky kind of guy, you could be consistently right doesn't matter what you chose to do.

In the markets, there are a lot of linkages, in that a lot of markets go up or down together. So if you sell out and buy something else, you could be over paying and buying at the top because of the linked market cycle. Also mistakes are particularly prone when you are euphoric.

Life decisions are something you will have to gamble on your own. Life itself is a gamble, and you might get lucky.

 

[FXSuperTrader]

Is it actually necessary to conduct technical analysis or some of these tools? if yes, then what is better?