I've got a bunch of Microsoft stock that I need to sell in order to make a down payment on "my" place. Who thinks they know when I should sell it? I was thinking this Wednesday or Thursday, but I don't know what I'm doing.
6 comments:
Anonymous
said...
I would venture 2 guesses:
1) you don't own enough MS stock that a slight shift in share price is going to equate much money and ...
2) the price of the stock will not change dramatically in the next 3 days
so ... I say it doesn't matter much when you sell; so long as you sell soon enough to get your money before you need it for the transaction.
6 comments:
I would venture 2 guesses:
1) you don't own enough MS stock that a slight shift in share price is going to equate much money and ...
2) the price of the stock will not change dramatically in the next 3 days
so ... I say it doesn't matter much when you sell; so long as you sell soon enough to get your money before you need it for the transaction.
1) Not in the scale of buying a townhouse, no... but in a "buying a couch now versus a month from now" sort of way.
2) Probably not. But I can hope.
on #2, if you have any insider tips ... now is the time :)
the market as a whole is on the down right now (this week) - something about China
Yeah, holy crap, I saw that. I should have just sold yesterday like I was going to.
Hang out for a month or so - at least till you got the new place. You don't want to move something like that.
You do know that you can set a price that the stock will automatically sell when the stock hits that amount.
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