Quote:
Originally Posted by WSSix
As a former employee of Halliburton, I'm setup the same way. I don't have a crystal ball but I would think ten years is plenty for the market to go down and come back up. Oil is cyclical just look at the charts before 2010. If he was buying stock through the down time, he's sitting pretty with fantastic gains just like I am. I would pay attention of course but I wouldn't move the HAL stock just yet. It's what I am doing with mine. I'm no where near retirement age though. If he or you are wanting something more steady with better dividend payments, then there are plenty of options for you. I have no idea on the tax implications of selling the stock. I believe it simply follows the one year and a day rule even though it was bought through the ESPP.
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Great, thanks for the info.
Also your post made me think of something that I had completely forgotten about, its not in an IRA, its just stock, so the tax side of it completely was not in my thought process.
Thanks again