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Should You Sell Stock to Cover Emergency Expenses?


Should You Sell Stock to Cover Emergency Expenses?

Stocks are a valuable part of any portfolio, and for many, they're a safety net in lean times. When your liquid savings are running low, relying on your shares can help you cover emergency expenses and avoid greater consequences. Keep in mind, however, that there are always trade-offs when you sell any investment, and cashing out stock means exposing yourself to:

Still ready to cash out your investments? Here are a few situations where selling stock might be the necessary choice.

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Source: Fool.com

Shopify Inc Stock

€54.63
1.860%
Shopify Inc gained 1.860% today.
Our community is currently high on Shopify Inc with 4 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 37.29% for Shopify Inc compared to the current price of 54.63 €.
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