Sure, the stock market increases are scary right now. I have an over a 100% return over the past four years and I expect quite a bit of that could be wiped out.

But, and it’s a big but, if I sold all that now, I’d pay a big chunk of taxes. I’m holding for now and will dribble a bit out every year. As I’m retired now and have only a little money in deferred accounts, I will pay little or no taxes. That might be better overall even if prices do drop a bit.

But even so, where would I put that money? I feel the stocks I own are well diversified and are solid companies. If they go belly up, everything will be rotting on the beach.

I’m holding.

Written by

Retired Unix Consultant. Kicking back and enjoying writing now. Not seeking work, not selling anything. No longer responsible for my old aplawrence site.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store