Scenario that was discussed at work today: you’re given $20k worth of a stock. Something like Apple, NVIDIA, Amazon, etc.
The goal is to maximize its growth over 10 years: what would you do? Diversify? Move it to one big stock? Sell it now and hold the cash until the markets crash then buy the dip? Endless possibilities.
Assume you would pay long-term capital gains tax if you sold now, assume today’s market conditions, and assume you have access to whatever investing platform you want.