Has anyone pulled their stock from T? Has a few partners contemplating doing this together since it keeps dropping. Any advice from the gurus/wise people ?
25 replies (most recent on top)
I always got rid of T stock when I was working. Now since they've been at their lowest I buy and dump when they go up $.50 to $ 1.00. I've made 2k twice in the last month or so.
Do you buy high and sell low?
Or
Buy low and sell high?
always had a brokerage account and do day trading while management decides what the he-l they are doing. win win
I shift the balance of my 401k into another managed IRA account on a regular basis. I also instructed my account manager to not invest any of my money in T stock. I'm very diversified.
You should always sell this stock. The dividend is worse than the rates on a CD now, and we are not a growth company that is going to drive a stock price increase. Our best hope is that we can get our loans forgiven like Biden did with those college loans. Stay strong, Democrats! Ride that blue wave into profitability!
up 64%
Uh, OK there Warren
BAAAAHHHHAHhHHAaaaaaa!!!
NVDA is up 184% this year you fcking mor-on. Just because you’re an id-iot doesn’t mean everyone else is! Bwhahahahaha!
I dumped mine back in 2016, I could see the writing on the wall of not good times were coming. I tried to get several others to do so as well, but most people don’t know/don’t care about their 401k. In any professional opinion they will advise to not be investing into one company it is way too risky, if AT&T went bankrupt you would lose everything 100% down to $0, that is scary when you think about it. Investing in the S&P 500 or total stock market is much safer and always gives good returns. AT&T is down over 50% since May of 2016, where the S&P 500 is up over 150% during that same time. It was a good decision for me and my portfolio
up 64%
Uh, OK there Warren
BAAAAHHHHAHhHHAaaaaaa!!!
T is at a low right now. If you’re selling now, it’s too late. You should actually be buying it.
I know this will get downvoted by those who are completely clueless about investing, but the stock price is too low for its value right now.
Btw I manage my own in the brokerage link and I’m up 64% this year, so save me the lecture.
I dumped T every time a new chunk vested. Thankfully.
Yep, did that not long ago and finally seeing my 401k jumping up. Just put the money in total stock market fund, it will do well.
I learned the lesson of the MCI, Enron, and Bearstearns employees long ago. I sell off my company stock. In Finance classes, you're taught that you need to own a minimum of 20 different company stocks to minimize nonsystemic risk (risk that a company goes under). You can do this by investing in an index fund. The passively managed funds are best.
Personally, I don't trust this economy and have little exposure to stocks at all. I keep it in the short term fund, waiting on the economy to fall.
I transferred all my AT&T stock into large cap.
I consistently dump it. I figure I’m exposed enough to the company by working here.
If you move it to large cap you still have some exposure to T.
I prefer diversification, so I move it to wherever I need it for asset allocation balancing purposes. It goes to my investment that’s lowest in my plan.
, if you’re not moving it to large cap, you’re changing asset classes, but I don’t care about that with free money.
Dump it every quarter.
gurus/wise people don't really exist, it's all educated guesses.
I held onto my stock far too long thinking the dividend would cover the gap. It didn't help that used to actually listen to John Stankey's confident schilling on town halls and the quarterly analyst call.
I wised up on the way down and sold T shares around 18, but only after taking a 25% bath over a decade.
Anyone who isnt moving AT&T match stock into something else every 2 weeks shouldnt be managing their portfolio
Wise man say:
" Convert all AT&T stock into anything else at least once / year. "
It's a tradition that I move all of the AT&T match into literally anything else in January of every year.
I moved all of mine into large cap. I wanted to hold out for a return to profit but didn’t want to wait that long.
If you would have bought the stock at $14, you would be up and also reaped the dividend too... The stock market is not for everyone.
AT&T Air is going to revolutionize internet. LTE internet is cash cow like cell phone was. It’s going to bring high speed to a lot of people if T can work out network congestion and saturate foot prints with reliable coverage.
I just stay in the large cap option and sell my company match into that as often as I can remember too. I basically hold no T due to the performance of the stock being so bad.
pull my finger.
you're about 10 years late
to the party on this one
Been selling 10% or so every week for weeks now. Taking the hit, I have enough time to absorb the losses