Peugeot Shares

[chard]

Mrs Chard has £5000 in Peugeot Shares

Should we.

a) Hold
b) Sell

If we sell should we either

a) Reduce Mortgage (currently @ 3% but keen to reduce balance before interest rates go up)
b) Invest in an ISA (stocks and shares maybe a 6-10% gain this year)

Answers on a postcard please

Edited by chard on Tuesday 18th January 19:54

[Fittster]

Does she work for Peugeot?

[chard]

Yup, actually £5000 is the amount that can be removed tax free from the PSA share scheeme

[Fittster]

If she works for Peugeot I'd say sell. At the moment she has her job and savings in one basket, if something unexpected happens to Peugeot she could lose her job and savings at the same time.

[chard]

That sounds like sensible advice

Thanks