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Reply to "What’s the smallest return you’ve taken on an individual stock?"
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[quote=Anonymous]I used to invest in stock when I was younger and not particularly savvy about the market, as I figured it was better than just letting money sit in a savings account. Since then I have switched over the mostly mutual funds though have some of the stock holdings. I have 1 stock that I have held for years that was supposedly a strong buy at that time and has since been downgraded many times; it’s a solid company (so not a tech fad), but I’d like to get my money out, pay the capital gains (long term), and just take the cash or re-invest it in another fund. Problem is -- I’m ready to sell now that it’s finally about to cross into positive territory for me. I have no reason to believe and the news does not indicate that this stock will pop, but there is something strange to me about cashing out when my return after taxes would be < 1%. But it still seems better than letting it sit there and stagnate. Have you done it before? [/quote]
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