I learnt from an article "If you want to build wealth, you must learn to cut losses". This is very true. As most of the time, you can not be 100% right when come to investment. Even Guru "Warren Buffet" have lost money; because he cannot get it 100% right all the time.
Key point from the article:
1. You cannot win all the time
2. Some of your investments will turn out to be losers and most important of all
3. You must sell them even at a loss
If you cannot or will not do this, it is very unlikely that you will build wealth. So if an investment is not performing, sell it off even at a loss and then put whatever is left to better use in other investments.
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