yakers
Thinks s/he gets paid by the post
My Dad left me 5 Kugerrands. I have kept them for sentimental reasons; I do not even consider them in my "portfolio". I also have no great use for them, they do not provide any income. I can just hold them forever and pass them on to my son but this is a generic commodity so I do not feel like they need to be passed on as much as their value used or passed on as appropriate.
Seeing as gold has risen to a high level, is it time to sell? I generally don't believe in timing I DCA into index funds, but this would be a case for timing. As the coins were a gift I mentally want to keep the funds separate even though I know rationally that money is fungible. Not to sell is also a decision to hold. Anyone have inherited such items and had to decide whether to hold or when to sell?
Seeing as gold has risen to a high level, is it time to sell? I generally don't believe in timing I DCA into index funds, but this would be a case for timing. As the coins were a gift I mentally want to keep the funds separate even though I know rationally that money is fungible. Not to sell is also a decision to hold. Anyone have inherited such items and had to decide whether to hold or when to sell?