From Morningstar: 2024-11-25 03:07:39

Russel Kinnel, director of ratings for Morningstar Research Services, shares good reasons to sell a fund. The first reason is achieving your financial goal, such as saving for college or retirement. Another reason is fundamental changes in the fund, like a shift in investment strategy or rising fees. Lastly, selling may be necessary if the fund consistently underperforms based on your original investment thesis. Good investors recognize mistakes and adjust their strategies accordingly.



Read more at Morningstar: 3 Good Reasons to Sell Your Fund