Pruning Pricey Stocks From Your Portfolio

When the math says sell, it's time to take some profits ... but sometimes you can make an exception or two.

I hate to complain about a bull market that just turned six years old and shows no signs of slowing down. But I’ve begun to wonder whether we’re enjoying too much of a good thing. Key indexes are regularly hitting new highs, and one, the Nasdaq Composite, recently crossed 5000 for the first time since 2000. All this exuberance has spurred me to take a closer look at my portfolio to see if any of my holdings are grossly overvalued.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Kathy Kristof
Contributing Editor, Kiplinger's Personal Finance
Kristof, editor of, is an award-winning financial journalist, who writes regularly for Kiplinger's Personal Finance and CBS MoneyWatch. She's the author of Investing 101, Taming the Tuition Tiger and Kathy Kristof's Complete Book of Dollars and Sense. But perhaps her biggest claim to fame is that she was once a Jeopardy question: Kathy Kristof replaced what famous personal finance columnist, who died in 1991? Answer: Sylvia Porter.