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Posted: Thu Oct 28, 2010 1:03 pm
Should I sell It now or wait till it goes up cause Its going up for more than I bought it for (original buy price around : 240k)
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Posted: Thu Oct 28, 2010 2:22 pm
As others have said elsewhere, if you're happy with your profit, sell.
However, you are competing with other generations, and some of them are markedly lower. So while you might have LMP for your generation, you may not overall, which means it may take awhile to sell.
The other thing to keep in mind is that the Christmas season is coming up. Prices overall tend to take a sharp upswing during the holidays, so you may wish to keep this in mind. (And even then there's no guarantee that any individual item will be affected or even that this will happen again, but that's what has happened historically.)
But again, only you can make that sell decision.
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Posted: Thu Oct 28, 2010 2:27 pm
purplewiz As others have said elsewhere, if you're happy with your profit, sell. However, you are competing with other generations, and some of them are markedly lower. So while you might have LMP for your generation, you may not overall, which means it may take awhile to sell. The other thing to keep in mind is that the Christmas season is coming up. Prices overall tend to take a sharp upswing during the holidays, so you may wish to keep this in mind. (And even then there's no guarantee that any individual item will be affected or even that this will happen again, but that's what has happened historically.) =o MI wllst take my chances no b4 it gets too high But again, only you can make that sell decision.
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