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Practical Advice from

7 Money-Losing Stocks to Sell Now

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The market's hotter than a pistol right now, leading many to argue stocks are too expensive. If that's true, and I'm not saying it is or isn't, doesn't it at least make sense to take a closer look at your portfolio for money-losing stocks to sell?

Since President Trump's election in November 2016, the Dow Jones Industrial Average is up more than 5,000 points and the S&P 500 is trading at 18.5 times earnings, almost 50% higher than the index's long-term average.

We're in the ninth year of a bull market and while some are suggesting it could carry on for another six to eight years, common sense suggests owning money-losing stocks at this stage of the game is unnecessarily putting your hard-earned money at risk.

I don't believe regular investors should ever own money-losing stocks, especially if they're held within a retirement account, but if you do own any of these seven stocks to sell now, at least reconsider why you own them.

You'll be glad you did.

SEE ALSO FROM KIPLINGER: 5 Stocks You Should Sell Now

Prices and data are from the original InvestorPlace story published on Nov. 16. Click on ticker-symbol links in each slide for current prices and more.

This slide show is from InvestorPlace, not the Kiplinger editorial staff.

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