Fuelman » Today, 10:30 am » wrote: ↑
We most definitely hold UnitedHealth stock in multiple mutual funds.
The reason I didn't even blink when this news came out is I know the majority of that stock was bought under $200/share. A much smaller percentage in the $200-250 range. We stopped putting money in our retirement accounts at the beginning of 2020 and focused on cash.
This stock would have to go through a serious beat down before we actually lost money, could happen but I'm not sweating it.
It’s going to around $300 sometime within the next 365 days and below $100 before 2030
You absolutely will lose if you hold UNH shares. If you bought below $200 there’s zero reason to hold it at this point. It’s done.
No stock is going to go up forever (not even Apple) despite what Uncle Buffett tells you.