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Not sure if this is a question for this thread or the Long Term Investing thread but, I have 11 shares of Amazon in my IRA Accounts. I bought them in 2015/16 so they're worth 5x as much now. I'm in my early 30s, not retiring for a long time so I don't need to pull them out or anything but I'm not super comfortable having so much money in a single stock. They represent like a third of the value of my IRA accounts. I don't know whether I should sell and put the proceeds in a mutual fund or leave it a lone or just keep an eye out for some nebulous "signal" that it'll be a good time to sell. Any advice that you all can give me? Sell all but 1 or 2 shares maybe?
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Jun 30, 2021 20:33
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| # ¿ Apr 28, 2024 21:56 |
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tangy yet delightful posted:You could post in both threads and receive twice the posts of opinions I've got money in the Vanguard 2040 target retirement fund but I realized a few years ago that was extremely optimistic and so have put my last few contributions into the 2050 target retirement fund which is still optimistic but not as unreasonable. The two of them make up about 45% of my IRA's value and the rest are small positions in random S&P 500 stocks from when I first opened the accounts. The Vanguard funds are another thing I'm unsure of, do I leave the 2040 alone or just sell now to put into 2050. Does it matter? Ola posted:Sit it on them for 20 years. Diversify by saving more and buying other stuff. I mean, valid. I get worried sometimes that Amazon will finally get regulated in some way that will tank the value but who knows if that will happen or if it will matter.
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Jun 30, 2021 20:53
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