General Market Question
i have almost lost 50% of my investment in aig should i sell now or they could go up in a while?
Asked by sw in
General Market
4 months ago
Answers
435 points
larryat36 answered 4 months ago …
Having 50% of your portfolio in ANY stock or position is not a good idea no matter how good it looks at the time [not that AIG looks good]. This is entirely to great a risk in one position.
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2222 points
readytoretire answered 4 months ago …
The way to approach the issue is whether you think AIG will go up from here or not. The cost of the stock should not influence your decision, as if you let it, you will normally not like the result. So if you think AIG will go up from here, then stay, otherwise, cut your losses and move on. I do not personally think AIG is your best choice. Too much baggage on their part to make a good run.
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