Should You Sell Stock That You Inherit From Your Parents?

The most common question that I have received through the contact form of this site is from beginning investors that suddenly find themselves in the position of receiving a sum of money that creates a need to learn how to invest. Sometimes, this comes in the form of stock investments inherited from a parent, grandparent, or some other benevolent actor.

A lot of times, this creates a situation that has an emotional component that complicates the otherwise straight-forward decision-making process of traditional asset allocation decisions.

Sometimes, if the stock in question has been successful for many years, you might start to believe that it has magical wealth-making powers (if the stock has declined … Read the rest of this article!