When you want to make money, don’t be afraid to actually do it.

Let’s look at the stock market for today. It did great for the first time in a couple of weeks. Since it has jumped up a bit, it may be time to cash some of it in.

Don’t worry about the taxes on it. It’s better to pay some fraction on profits than to skip out on the profits all together. We all know that the day after a market rally, many of the gains will be lost.

So why not cash in stocks before they go down, and re-buy them again when they are down there. Of course if you know the tops and bottoms of any given stocks, then you already know this.

And If I knew the tops and bottoms I would have sold and bought in much better positions.

Now I’m not saying that in the morning the market will go back down, who knows what it will do. But historically it likes to drop gains twice as fast as it makes them.