Posted on 08/07/2012 5:10:56 PM PDT by moonshot925
I bought 750 shares of Apple in April 2004 at $14/share.
I now have 1,500 shares because it split in February 2005.
Apple is now $620/share.
Apple is now paying quarterly dividends of $2.65/share.
Take half and diversify into physical gold and silver buried on your property. Don’t own property, diversify some more... ;)
I’ll give you $28 a share for it. You’ll double your money!
Hey, I saw him 4 minutes and 59 seconds before you did...go find another mark :’)
I would really rely heavily on an expert. I wouldn’t presume to give you any advice on this as it is not my area of expertise. I’ve got multiple degrees but am an amateur in this area.
I have $300K in retirement funds and $40K in savings.
My home is paid off and is currently worth about $700K.
No debt.
As a broker with my Series 7 &66 my professional advice is get off the Internet and find a broker.
You have 1M in a single stock. Uhm. Yes you should sell half now and half next year. Buy 30 individual stocks for diversification, AFTER, you pay for your life. You got lucky owning a stock that has performed. Now move on. IMHO.
OK, Where's the /Sarc tag?
Seriously, the likelihood of an upside move
is lower than the projected change in capital gains tax.
But whether congress is going to overturn this
will not be known for a few more months
You have 1M in a single stock. Uhm. Yes you should sell half now and half next year. Buy 30 individual stocks for diversification, AFTER, you pay for your life. You got lucky owning a stock that has performed. Now move on. IMHO.
Hate to be rude(not really) but why are you asking that type of ? here.
If your not sure what to do you may want to spend some time brushing up on your financial skills at a financial site or as some one mentioned hire a pro.
I have lost entirely tooooooo much money in my life dicking around worrying about paying taxes on gains.If ya got more than when ya started after taxes,paid yourself for the aggravation, then you won.
Yes, you should.
Let’s share!
Good idea.
I’ll probably sell half and give the rest of the shares to my wife.
But I must first see who wins in November.
Sell half.
Invest in gold, Armalite, BCM, Colt, Daniel Defense, LMT, and Noveske.
Oh, and a nice Corvette would be fun until the collapse.
Plus, you still have half as a hedge against no collapse. Both sides covered.
If you don’t sell, you won’t be able to brag about how much money you made. Sell a bunch, keep a bunch. Use the proceeds to buy stock in Chick-Fil-A or some similar conservative-friendly enterprise.
You didn’t make that!
Flawed logic, if the Bummer wins in November the market will step off a cliff the morning after. You will still be bucks up so things are good but anything sold after the election tally would amount to a discount.
That (opinion only) said...congratulations; you done good all 'round!
Buy more, sky is the limit.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.