vz should I sell?

I'm trying to decide if I should keep verizon or dump it. It's been flat since I bought it.

2000, I would get out while the getting is good on all your stocks. sell take your lumps sit this one out till S&P hits 820 then get back in.
Best Closer

what the he((. I've lost over a thousand bucks doing trades in the last couple of months as a newbie but I am learning to make thousands more so just don't worry so much, Learn! Discern between growth stocks and buy and hold stocks. VZ and others in that 'blue chip' category tend to be 'buy and hold'. They should pay dividends and will eventually go up as we're still quite a bit down from recent highs (like two years ago or more) so you might have to wait a while to sell them at a profit. If you want quick profits you'll have to look hard for 'growth' stocks that tend to be small or mid caps, in techs, medical, education, or something "New". Or large companies with something "New" like Apple's Iphone..but that might be a little late too.

Patience or just sell 'em and shop for a better priced stock are your choices?  If selling you'll only lose a few bucks and commissions, but not the whole Kahuna as if you were gambling (or doing options much of the time.) Say you lost 15 percent of your investment...but then you have cash to invest in something that goes up 50 percent in two weeks? You'd be better off with the cash to invest in the upturning stock than leaving it in the loser. But then you'll have to research and focus more this time to find such a gainer. And you might not?  However if you had 5 percent dividends in that stock and it goes down and up only 3 percent in a month...why move at all? Just wait.

someone said to sell if any stock gets below minus 7 percent of what you paid for it and go find another more likely to go up instead of down. Or sell for profit if you're lucky to find one going up 20 percent. (attributed to Incubus, I think, and others)

You might have just got in the market at the wrong time... early June is a 'wrong time' to buy in my opinion 'cuz that's what I did. So you need to have a exit strategy as Otter way points out. In my strategy, I use inverse etfs to cushion downturns. SIJ and SDS and others have had a good month btw. So it's good to always have cash on the side to move into other positions as you'll need some time to get out of a bad position....to wait for a better price to sell at...