A friend was very lucky to inherit a very large number of shares of Microsoft stock (15,000 shares). She does not want to spend anything now, but does see the potential for just taking the income from this money to suplement her own income, maybe moving it to a mutual fund investment account.
She is getting conflicing advice....some advisors say sell the Microsoft, others say hold it for a while.
What's Microsoft going to do for the short term, next three months or so. Is there much risk?
Short and Long Term on Microsoft stock?norton
I think Andy probably gave you your best advise. MSFT is not a stock that moves up and down a lot, so to hold onto it for another 3 months is probably not a big deal.....meaning at the worst it's likely to decline only $2 or so. However, over time I think it's going higher. they have a lot of things going for them, like Vista, Office, Xbox. Plus the dividend is nice!
But eventually your friend is going to want to diversify out of MSFT. When you sell it, you're going to have to check with a tax accountant to see what you're going to owe. Right now capital gains tax is at 15%, and that could possibly be going up in the next year or two, so keep that in mind.
Short and Long Term on Microsoft stock?spyware remover
No comments:
Post a Comment