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Author: Drak23 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Sell or Hold - MMC Date: 10/22/2004 3:12 PM
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Hello all:
I just wanted to get some input on a retirement account investment dilemma. My wife had a fair amount of stock in an insurance company (Marsh & McLennan) in her retirement account. The company is being investigated and the stock has recently taken a nose dive. She was forced to buy the stock because she was an employee, and unfortunately most of it was purchased at the peak of the stock market when it was very high. So to make a long story short, its at about half its original value, but still a significant investment.

My feeling is that Marsh is going to be a dog for some time to come, and she would be better off selling it now and investing in something with better upside or less risk. She feels that Marsh is too big to fail and will return eventually, and being relatively young wants to wait it out.

Any input appreciated.
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