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When should one sell a stock
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[QUOTE="Alexandoy, post: 197798, member: 25510"] As a benefit from the employer of my late wife, I was granted shares of stocks worth $20,000. An office mate of my wife urged me to sell some of the shares because the market price had increased considerably like 8%. It was an opportunity, she said. However, I do not need the money and my intention is to have a savings or an investment. Those shares of stocks looked to be a good investment because my wife's employer is the biggest bank in our country. In other words, those share are blue chip stocks which is safe in terms of stability in market value. Now to answer the question in the topic, the time to sell the stocks is when you need the money otherwise you will just sell because the market price is high but the money will just be deposited in the bank which will not earn anything (except for the very minimal interest). [/QUOTE]
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