Stock? Good on you. But for all that is holy - TAKE SOME...

Stock? Good on you. But for all that is holy - TAKE SOME PROFIT!! If the SP goes to at least double what you initially invested, then sell half ( the money you put in ) and then decide when you want to cash in the rest or let it ride. And don't forget the tax implications. You pay tax on any profits you make in any given tax year. And that bloody hurts

Free-carry is the way to go. Downside is, when you eventually sell, you get hit with massive tax bill. Upside is you can sell your crap shares, in the same tax year, and offset those losses on the gains you made on your good shares.

Be canny about it and you can minimize your tax bill. But the rule of thumb for investing is:

"If you're not paying tax on your investments, you're shit at picking stocks"

Self-managed super and a couple of other funds excepted.