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Shares

I used to work for a well known company & over the years was given a number of shares as bonuses etc
I have just had a letter telling me that they are now out of the "tie in" period & I can sell if I wish - there is about £2,500 worth.
I'm not really up with stock market so don't know how to decide if I should keep hold or cash them in - I am not desperate for the cash, but £2500 (minus whatever the charge is to sell them) would obviously be quite nice to have - maybe I could get the new back door that I need!

Can somebody give me an idiot's intro to shares & what I should think about when deciding whether to sell?!

LE3

Comments

  • How is your company doing?

    If it is growing year on year then so will your shares.

    If it has an uncertain future or is performing badly then if you could sell and invest elsewhere or if you think it will pick up again and are in it for the long term you can hold them
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If you tell me the company I can tell you what I would do :)

    As a starter for 10 you should be looking at the earnings of the company and what that is in relation to the share price.
    Faith, hope, charity, these three; but the greatest of these is charity.
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