Monday, October 22, 2018

Would you sell or double down?

I inherited a chunk of stock in a bank. The stock was at a historic high on the inheritance date. Before it was transferred to me it dropped, and is now down 12%. Dividends are about 3.5% annual. Should i: A. Dump it? B. Wait for a recovery (which could be 2 - 4 years but I dont need the money now)? C. Wait for it to start moving back up and cost average it?



Submitted October 22, 2018 at 02:07PM by brig0U812 https://ift.tt/2OHQgwG

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