Shares; To Sell or not to Sell? - TravelPUNK Backpacker College Student Budget Travel Message Boards!



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Travel Budget, Money Matters, Financial Talk Mom, can I borrow ten grand?! Gimme yo mastercard! How the heck can I pay for my trip?! Ideas for making money. How much dough do I need?

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Old 04-29-2007, 10:49 PM   #1
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Default Shares; To Sell or not to Sell?

So i have $2000 worth of shares that the company i work for gave to me.

Now on the 15th of May they become unrestricted, meaning basically that there mine, no strings attached.

On the 20th of May i head to Europe for a year of travel


now i cant decide weather to sell them for that bit of extra cash or keep them as an investment for the future


(note, there are worth nearly $30 a piece so its not like they will double overnight)



Thoughts anyone???
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Old 04-30-2007, 12:05 AM   #2
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are they likely to go up? Is it a solid company? Will it grow into a bigger investment and if so what is the expected return on say 5-10 years?
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Old 04-30-2007, 03:31 AM   #3
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It definitely depends on which company it is. The market is doing well right now, so if you plan on selling in the short time, this may be the time to do it. I think the up market has a lot to do with the dollar falling in value. If you hold on to cash you're losing money, so even if you do decide to sell, it would probably be smart to put it in hsbcdirect.com or another high interest savings account until you plan on using it.
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Old 04-30-2007, 03:36 AM   #4
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Personally, I would have to look at the stock chart, volume, industry group and a few other things, before I make a decision to buy or sell.


Do you have a ticker symbol so we could look at the chart?
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Old 04-30-2007, 07:22 AM   #5
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For me personally stocks are a short term investment. Most stocks are fairly high risk in the fact that more often than not they'll drop rather than rise.

My company mtahes 50% of what I put into my stocks so its a great deal. I actually use it for more of a savings account in that I can pull stocks out twice a year and still use the plan. When our companies stocks were back at 30 I didn't think they'd ever go up, but they ended up doubling!! I think its at 64 right now. I find the market so hit and miss that I dont fool around with it too much, if you can make a little here or there its alright. I'd take the money and run though.
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Old 05-01-2007, 01:05 AM   #6
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Sounds good, Mill. It's so great when a company matches! Everyone that has a company that matches, should take advantage of it.

This chart looks great.

It broke out last week and earnings come out on Thursday. It should go for another run. We'll see......
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