If everyone thinks the future of Shell or oil sectors in peril, is it good to sell Shell stocks? After which target price? $80? $85?
7 replies (most recent on top)
Why don't we coordinate and all sell at the same time. Tee hee
Some confusing answers, though I agree with the intent.
Shares are initially taxed as salary. If you sell immediately there won't be much capital gains. No need to wait for long term capital gains tax rate
Generally, your financial life is so tied up with your employer, that it doesn't make much sense to double down and own their stock. Perhaps if you were in a startup with the potential for huge growth that would be different.
@ba this is the way. I originally held on to the stocks when I first started but when I noticed my money market account was making better returns than Shell I started just selling as soon as the stocks dropped in my account.
I always sell immediately.
instantly sell
not even close to a real decision
the stock exists to fuel the dividend income of retirees and the company is literally shrinking
I been selling my performance shares whenever I get long term capital gains time frame (USA based)
Shell stock does nothing but tread water year after year. And with zero confidence current leadership has anything close to real vision of what dynamic, profitable growth takes, that’ll continue. As soon as I was in the strike period, I offloaded mine and got into investments with actual appreciation potential.