Deborah & George...
Re your requests for advice from the thread on whether to sell or hold.
With respect, IMO no one here can give you meaningful advice about your investment decisions without knowing the entirety of your situation: your age, financial position and prospects; your investment goals; your investment horizons; your position in the stock, your entry price and why you bought it; the state of your entire portfolio, the percentage of it invested in the stock; your tax situation holding or selling; how much you know about the company and its prospects; how much you know about whatever alternatives you might be thinking of; how easily you sleep at night in different scenarios; etc, etc, etc, to infinity and beyond....
And even knowing all these things, you will get different advice from different people, depending on their leanings.
And then, different folks will look at the same data and reach different conclusions about it. Just read today's thread.
I think the only advice I might hazard giving is that the question "What shall we do?" is most properly asked prior to making our initial investments. What shall we do if X, Y or Z happens?
Because they do.
If we have a plan beforehand, the theory is that then we won't dither.
That's the theory.
Wish it worked for me.
I'm sure this helps you, today, a lot.
Best of luck,
Tom |
