Pretty much been my strategy too. Can't go broke booking a profit.
My RMS holding is from 39 cents, so qualifies for the 50% CGT discount, so have been holding tight on that one.
My trading parcels have been based on booking profits and transferring that profit out of my trading account. In some cases would of been better off holding, but transferring profits de risks your portfolio.
Currently my trading funds are in EVN (currently 1.2% profit) and SAR (down 13%).
Only invest in quality, so happy to wait out a downturn. Once 5% profit achieved, then I consider if it is time to book profit, or hold for greater profits, depending on whether technicals pointing higher.
After booking profits, I am happy to buy back in at higher or lower prices.
That has been my strategy since February and it has worked very well for me.
If it ain't broke, don't fix it.
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