tag:blogger.com,1999:blog-24744976.post3990602767329807730..comments2007-11-30T11:40:12.933-06:00Prince of Thrifthttp://www.blogger.com/profile/07863514672517538661noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-24744976.post-51265325140121620462007-11-30T11:40:00.000-06:002007-11-30T11:40:00.000-06:002007-11-30T11:40:00.000-06:00it depends on how much interest you're paying on debt. i really doubt the stock will appreciate more than the debt! i bet your capital appreciation tax rate is 10% and your dividend rate is 5%. so what's the rate on the debt you'd be paying off? 20%? unless you have reason to believe the stock will appreciate more than 20% in the next year, sell it and pay the debt. you can keep aside about 10% of the proceeds (sell value minus buy value) to cover the taxes for it. paying debt is a great investment, unless the RATE is less than what you can earn in the market. (yep, I still have debt at 0%, on money earning 4.5%.)JohnDiddlerhttp://www.blogger.com/profile/05790137091661859754noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-90397377601003480382007-11-30T07:44:00.000-06:002007-11-30T07:44:00.000-06:002007-11-30T07:44:00.000-06:00The sell of the 2 stocks will be about $200 and my current IRS liability is about $3,000.the Prince of Thrifthttp://www.blogger.com/profile/07863514672517538661noreply@blogger.comtag:blogger.com,1999:blog-24744976.post-62370883094946412742007-11-29T10:28:00.000-06:002007-11-29T10:28:00.000-06:002007-11-29T10:28:00.000-06:00It fully depends on how much your tax liability will be. Even if you just estimate, will the profit you get off the shares be more than the commission + the liability? And if it is, will it be worth it enough to you to sell at this time?Amphritritehttp://www.blogger.com/profile/04335320552964298416noreply@blogger.com