Stock?! I need help :) Sell or keep... Stock players need your suggestion

Question

I just started investing in the market. I currently 9 shares of bank of america @ $22. It's at $32 now :) What I would like to know that since its only 9 shares. Should I sell at $37 or keep the shares and just get dividends? It's only 9 shares and I am not rich Im just starting to prioritize my life. I do have a simple portfolio but would like to know if big companies like BofA is worth keeping it in the long run.

Thanks for all your help

Answer 1

Keep it and better yet DRIP it and let your shares grow.

Answer 2

The price you are going to have to pay to sell the shares will eat up a large percentage of your profits.  Financial stocks are down and in a big way but once they get their mortgages in order they should go up at a pretty good clip for banking stocks.  I'd just continue to hold the stock.  

Answer 3

Personally I'd keep it. The financials are for the time being in an uptrend and BAC has a reputation for being a well managed company. Its chart too is in at least a temporary uptrend.

Answer 4

hold on to it