Stock

By Terry Savage on September 14, 2017 | Investments

Have 400 shares of. Merck. And 400 shares of Altro (MO ) . They have double in price since I bought them . Which one do you think I should sell or both or hold on to them . I really don't need the money also I am 70 yrs old

Terry Says

Gosh, I don't give advice on individual stocks. The question to ask yourself is whether you would feel worse if you hold on and the price drops a lot?  Or if you sell and the price goes higher?Remember, if you have held the shares for a year, you get a capital gains break on the tax on your profits.Then what will you do with your money?

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