Lead halide perovskite nanocrystals (PNCs) have emerged as promising candidates for use in optoelectronic devices. Significant focus has been directed towards optimising synthetic conditions to obtain PNCs with tunable emission properties. However, the reproducible production of stable PNC dispersions is also crucial for fabrication and scale-up of these devices using liquid deposition methods. Here, the stability of methylammonium lead halide (MAPbX3 where X = Br, I) PNCs produced via the ligand-assisted reprecipitation process is explored. We have focussed on understanding how different combinations of specific synthetic factors - dilution, halide source and ratio as well as capping-ligand concentration - affect the stability of the resultant PNC dispersion. Photoluminescence spectroscopy, transmission electron microscopy and dynamic light scattering studies revealed that subtle changes in the reaction conditions lead to significant changes in the particle morphology and associated optical properties, often with catastrophic consequences on stability. This study highlights the importance of designing PNC dispersions in order to make more efficient and reliable optoelectronic devices.This project has received funding from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (grant agreement No. 818762 - SPECTRACON)