It Is December 10th and You Have a Stock That

question 43

Multiple Choice

It is December 10th and you have a stock that you purchased last January 5th, which has increased in value by more than $3,000. You think the stock will not significantly increase or decrease in value over the next month or so, and you would like to take your gain. What should you do?

• A) Sell the stock today and take the gain.
• B) Wait until December 30th and sell the stock then.
• C) Sell the stock on January 6th of next year or later.
• D) Do not sell the stock until it starts to go down in value.

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