I am 40 years old. I have around $1.1 million in net worth but what worries me a little bit is that I have a bit more than $100,000 in Apple stock, I have had it for a long time, actually looking at the price I paid about 60% of what is worth now, so my question is should I sell all that Apple stock and move it to just an indexed fund or just keep it there for I don’t know how long?
It’s worth mentioning that my net worth is mostly invested in indexed funds, I rent (not in the us so rent is very cheap, I’m citizen so taxes apply) not planning on retirement right now or to actually sell any of that for at the very least five more years.
So question is, do I just keep it forget about it or sell it and just buy index funds with that money, or when.
Edit, this is more less the breakdown:
I have 730k in VOO about 480 of those in brokerage and 250 in retirement rollover, 235 in fxaix in current employer retirement and about 70k in cash that I’m planning to put into VOO eventually, because i have no imagination.
Gives me anxiety periodically and I think I should sell some of apple… diversify. But then… this company isn’t going anywhere and I got in it when Apple was much cheaper. Thoughts? Should i sell some and put it in XEQT.
I'm considering closing my AAPL position. I've been holding shares for 5 years and it's seeming like sentiment and momentum have kind of dried up and I'm starting to think that there may be better places to park that money. I was hoping I might be able to get some incite from others here