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Episode 3 - PSG’s Wendy Myers explains when you should sell a stock

In this Business Talk with Michael Avery interview, PSG Head of Securities Wendy Myers discusses how to handle market volatility.

Myers is a qualified Chartered Accountant with over 20 years of experience in the finance and investing industries.

Myers joined PSG Wealth as its Head of Securities in 2021.

She has also served in several other roles, including being a member of the South African Institute of Stockbrokers since 2000.

Myers begins this interview by providing her key guidelines that should be considered when deciding when to sell a stock.

She emphasises the importance of controlling the two emotions that often affect investors when deciding whether to sell a stock – greed and fear.

Myers then explains when she believes investors should refrain from selling a stock – even when the temptation exists.

These include being tempted to sell when a stock’s price makes a sudden jump either up or down.

Myers also unpacks the benefits of working with a financial advisor to determine when is the right time to exit a share.

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