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Brown Cafe UPS Forum
UPS Retirement Topics
Keep my A shares or transfer to B ?
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<blockquote data-quote="brown bomber" data-source="post: 1110992" data-attributes="member: 5481"><p>sold 99% of my A shares a few yrs. ago.......couldn't sell the rest due to a "2 yr. hold", they were reinvested shares...I quit reinvesting, took the dividend in cash over the past few yrs., recently converted my remaining A shares to B shares, and sold them ........just wanted to let anyone know, the conversion process involves entering every stock transaction that you wish to convert.....I wouldn't hesitate to sell at the current price with tax consequences, you've got practically 9 months to make adjustments.....or else you could sit on the stock and allow it to dump.....what's the point of purchasing stock if you don't profit from the investment......eventually the stock will sell at a profit or loss, I prefer a profit</p></blockquote><p></p>
[QUOTE="brown bomber, post: 1110992, member: 5481"] sold 99% of my A shares a few yrs. ago.......couldn't sell the rest due to a "2 yr. hold", they were reinvested shares...I quit reinvesting, took the dividend in cash over the past few yrs., recently converted my remaining A shares to B shares, and sold them ........just wanted to let anyone know, the conversion process involves entering every stock transaction that you wish to convert.....I wouldn't hesitate to sell at the current price with tax consequences, you've got practically 9 months to make adjustments.....or else you could sit on the stock and allow it to dump.....what's the point of purchasing stock if you don't profit from the investment......eventually the stock will sell at a profit or loss, I prefer a profit [/QUOTE]
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Keep my A shares or transfer to B ?
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