Harvest Strategy

Your portfolio has had some winners. You held 50 stocks for a year. Your best 3 have more than doubled. You think, even a year later, that everything was originally equally cheap when you bought all of those stocks. So now you want to harvest your winners and put that money back into your losers, believing that, from here, your losers have more upside (many are down more than 50 percent) than do your winners, up in the hundreds of percent.