Should I sell my shares now that markets are at all time highs

Markets being at all-time highs makes a lot of people feel like they should sell everything and lock in gains.

In most cases, if you’re invested in quality businesses, they will keep compounding earnings over time, so selling out completely isn’t usually the answer.

If anything, you might trim a little and reinvest to improve diversification, but it’s important to be mindful of capital gains and the tax impact in any one year.

There are ways to manage this, but it’s rarely an all-or-nothing decision. Holding good businesses and thinking strategically tends to win over time.

General advice only. Based on Australian regulations.
Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).

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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.

Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.