I have been working since I was 14 and have managed to save well enough. I must add this includes an investment in a share of $9500 a couple of years ago, which is currently valued at $18200 and the rest in a savings account. I am looking for advice on what a good method for growing that wealth. There are a few considerations though, the share that I have is quite volatile and for that I am tempted to take out a portion, the problem with this is that I will be taxed very high. Do I hold it all and hope it continue to perform well or do I take some out and cop the tax hit? If I was to what other investments are worth looking into? Or is it best to leave it in a savings account? Any advice appreciated.
Submitted June 19, 2018 at 08:52PM by elms1 https://ift.tt/2I3k8Lu