Should You Sell Your Stocks Right Now? | Office Hours
Scott Galloway answers listener questions on when to sell stocks, how to survive an early investment banking career, and how to handle caregiver responsibilities without derailing your own life.
The gist
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Galloway says timing the market is nearly impossible, so holding 25% in stocks and 75% in other assets reduces stress without needing to call exits.
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The 'buy, borrow, die' approach lets you borrow 20 to 40% against appreciated stocks at low rates instead of selling and triggering a tax bill.
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In high-pressure early careers, showing up 10 minutes early, leaving 10 minutes late, and obsessing over detail are the controllable levers that set you apart.
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Galloway says sole caregiving can derail your career and finances, so involve the full family and professionals rather than absorbing the burden yourself.
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