Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 04-20-2007, 08:44 PM
jzpiano jzpiano is offline
Senior Member
 
Join Date: Oct 2004
Location: IL
Posts: 2,385
Default Should I sell this position?

I own a couple hundred shares of EXC. I acquired it a while back in Jan of 2004 when it was $33 a share, since then it has had a 2:1 split (at $61 a share) and the current share price is just over $73. I sold about 1/5-1/4 of my position back in last June so I've already gotten back about half of my investment.

I'm going to graduate school next fall and it will cost about 20k to finish my masters. Currently I could sell the rest of this stock and have school paid for. Or I was thinking that I could take out bank loans (can I do that?) and keep my position until I have to start paying back the loans ~2 years.

Our household income during this time (with me not working) will not be able to cover school + living expenses so paying monthly isn't an option and I doubt with this type of investment that I will get any type of student loans. Which is why I was thinking that I should either sell the stock and pay for school completely or take out as many loans as possible and keep as much of the stock for as long as possible.

Sorry if I ramble....I'm very confused [img]/images/graemlins/confused.gif[/img]
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:12 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.