Advertisement
Markets

Know When to Fold

A new Web site will e-mail alerts when your stock hits bear country.

There's no shortage of advice on when to buy stocks, but there's precious little on when to sell. A new Web site, SmartStops.net, wants you to consider your exit strategy.

Each trading day, the site calculates suggested selling prices for more than 4,000 stocks and exchange-traded funds -- one price for investors looking ahead six months or less and another for longer-term holders. The formula adjusts for volatility; SmartStops is supposed to capture the start of a significant downward trend.

Advertisement - Article continues below

Ten years of back-tested data shows you'd have saved money bailing out of stocks when SmartStops said to. But, of course, only a track record in the real world can prove whether the timing will be spot-on.

Still, you can key in up to five stocks a day for free. If you register, you can track three stocks and get e-mail alerts if they hit the sell mark (the fee jumps to $9.95 a month and up for larger portfolios). TD Ameritrade customers get the service free and can order their holdings sold automatically if they reach the SmartStop. Partnerships with other online brokers are on the way, says SmartStops.

Advertisement
Advertisement

Most Popular

What Trump's Payroll Tax Cut Will Mean for You
Tax Breaks

What Trump's Payroll Tax Cut Will Mean for You

President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much could it save you?
August 13, 2020
8 Things You Must Know About Retiring to the Carolinas
retirement

8 Things You Must Know About Retiring to the Carolinas

From the mountains to the beaches, North Carolina and South Carolina offer retirees plenty of incentives.
August 14, 2020
7 Surprisingly Valuable Assets for a Happy Retirement
happy retirement

7 Surprisingly Valuable Assets for a Happy Retirement

If you want a long and fulfilling retirement, you need more than money. Here are the most valuable retirement assets to have (besides money), and how …
August 3, 2020

Recommended

The Strange Psychology of COVID-19 and Investor Behavior
investing

The Strange Psychology of COVID-19 and Investor Behavior

Investors have a new set of behavioral trapdoors to avoid. Knowing what these unconscious, and often irrational, tendencies are, and why we sometimes …
August 11, 2020
The Scary Costs of Fight-or-Flight Investing
investing

The Scary Costs of Fight-or-Flight Investing

Understanding the fear factors that trigger dire moves can help you stick with your plan.
August 11, 2020
The 7 Types of Financial Procrastinators: Which One Are You?
investing

The 7 Types of Financial Procrastinators: Which One Are You?

The pursuit of investment perfection drives far too many people into getting nothing done, and that comes at a cost.
August 10, 2020
Invest Your Conscience with Ethical Trading Apps
investing

Invest Your Conscience with Ethical Trading Apps

From Betterment to Ellevest and Weathsimple, socially responsible investing apps are gaining steam. And those worried they’d have to sacrifice returns…
August 8, 2020