When should I book the profits in my portfolio

Profit Booking Amidst Volatile Stock Markets

One of the key learnings after the Sub Prime Crisis (2008) was to book profits. However, it wasn’t the easiest thing to do. It required some bit of thinking and discussion. Profit Booking meant tracking the portfolio and monitoring it at all times. It was contrary to the popular belief which most investors had; Buy and forget until you need the money.