Ask Terry Questions Should I Sell my Stock?

Should I Sell my Stock?

By Terry Savage on June 17, 2024 | Investments

Hi Terry, I’ve been Reading a lot about this Bric Money & what it’s going to do to us here in the U.S.
Should I SELL my Stock, take s loss & then Purchase Gold Stocks?
Thank U Terry for yout time in this matter, as I am Not taking it Good on what’s coming soon.
Please Reply, I need a Smart Financial Person as U, Thanks again.

Terry Says

The first rule of successful planning is “Don’t Panic!”  The second rule is to get reliable advice.

You are breaking both rules!   

You might want to have — depending on your age, stage, and personal risk tolerance — a portfolio that is diversified among large company stocks that pay dividends, some short term (less than 2 years) bonds, and/or T-bills, and perhaps a small amount in gold mutual funds (which have already risen sharply in value this year).

I suggest you might want to find a fee-only FIDUCIARY advisor to guide you through future unsettling times. Read this: Pam Krueger Wealthramp – Terry Savage

 

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