One for Mr. Fain and one for Jmac
Sorry folks, but I have to disagree with putting in lots of info on your profile. First of all, a person can make up anything that they want. I can tell you that I am a lawyer, a doctor, a stock guru, or an Indian chief. I can tell you I have invested for 35 years and I am as rich as Warren Buffet. In fact I can tell you any damn thing I want...so the profile is of little use.
Furthermore, the internet can be a creepy place as far as invasion of privacy. Safety first folks! (or maybe I feel this way because I am a woman (or maybe I am a man because you just don't know based on a profile))
To jmac:
You know there all kinds of factors to look at when deciding whether to sell your stock. I think I read somewhere that you are a lawyer, so hopefully you had to take that tax class.
You have to look at your basis, at your other gains in your portfolio, at your current and future tax bracket, at your estate planning. For instance I seem to remember that you can give a gift at your cost basis (please don't hold me to this, as I haven't looked it up recently). Estate planning is a significant issue with a stock like Intel - of course depending on your net worth at the time you die.
And there are so many other factors to take into consideration.......
So, you can sell, buy, short against the box, buy puts to protect yourself, do some kind of spread, and on and on and on.....
Good luck in making your decision. Of course you know whatever decision you make will be the wrong one ;-) ;-) ;-) |
