After seeing all the chatter about NVDA, I decided to check our investments. We bought this stock years ago for about $700. I was pretty shocked to see that it is now worth almost $300K! It is now a significant potion of our net worth. I feel like the smart thing to do is sell some of it, but I'm not sure how much. Any suggestions?
My husbanda jokingly said, "Welll need need to be sure to get our principal out". Hahahah!
I'm also curious to hear how you would reinvest the earnings. I feel like the stock gains in general over the past few years have put us out of balance with the more stable investments (Bonds, CDs, ...). Are there bond funds or something like that that would be a good place to put the earnings?
Invenstment accounts, and some in cash - $2.3 million
Home equity - $650K
We have $115K left on our mortgage. We are also considering just paying the house off. The interest rate is 7%.
My husbanda jokingly said, "Welll need need to be sure to get our principal out". Hahahah!
I'm also curious to hear how you would reinvest the earnings. I feel like the stock gains in general over the past few years have put us out of balance with the more stable investments (Bonds, CDs, ...). Are there bond funds or something like that that would be a good place to put the earnings?
Invenstment accounts, and some in cash - $2.3 million
Home equity - $650K
We have $115K left on our mortgage. We are also considering just paying the house off. The interest rate is 7%.
Statistics: Posted by IthinkICan — Wed Jun 26, 2024 8:55 pm — Replies 8 — Views 614