UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: jbeebe Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 78705  
Subject: Diversifying holding of single stock Date: 10/13/1998 11:44 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I am looking for advice on how to invest my retirement stock holdings.

Recently, I received a large amount of stock in a mid-cap technology company traded on NASDAQ as part of the sale of a company I worked at. This stock holding is my retirement fund and I need to live off this investment. I am 51, married, 2 older children. I have a house, no debt other than a home mortgage, and 6-8 months of cash to live on.

What should I do at this time? How much and when should I sell and diversify? The stock is down 50% since I acquired it, but due to SEC restrictions, I have been unable to sell it until now. How much do I keep in cash or cash equivalents? How much (percentage) should I invest in Foolish stocks, like the Foolish Four, or Index funds?

My main question is: When and how much to sell of the single stock I have and how should the proceeds be allocated across various investment choices?


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Berkshire Hathaway

Book Review: Dream Big
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.