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]
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