Transform Cash Savings into Smart Investments
Reading
I sell my stock quickly to avoid taxes. I do not think I know more than the market. This helps me manage my money in a simple way.
I have much company stock because of inertia. Taxes make selling it a little scary for me. I have been selling company stock for years, but I still have a lot.
We have too much cash in our account sometimes. It does not feel like a good time to invest it. Having cash makes me feel calm and safe.
We do not have many bonds, which is not good. We should have more bonds as we get older. We have mostly stocks and some cash, which is not ideal.
I should have put a fund in a tax-sheltered account. Now, selling it would cause a big tax bill. I also make IRA contributions late sometimes, which is not the best.
Questions
Why does the person sell their stock quickly?
To avoid taxes.
What do they feel about having cash in their account?
It makes them feel calm and safe.
What type of investments do they think they should have more of as they get older?
More bonds.
Describe the article image
Look at the article image and describe what you see on it. You may either speak or write your answer there.
Discussion
Discuss this article with your AI tutor to practice. Your tutor will help you with vocabulary and grammar.
Read a new article every day anddiscuss it with AI at lingolette.com