Inherited a whole lot of $JNJ stock — Should I sell and put it into Vanguard/index funds? Something else?


As the title states — a few years ago I received a giant chunk (~$250k worth) of JNJ from a family member who worked for them. My parents basically have been telling me it's a good stock and I shouldn't touch it, but, honestly, they're boomers and have never had to really operate in today's economy.

I'm 29 and debt free, living modestly. I don't plan on touching the money any time soon. I don't know much at all about stocks or finance.

Basically, I see no reason not to transfer the whole thing to index funds, just looking at charts. But I want to see if maybe there's some reason I'm unaware of to keep it all in JNJ.

I figure I should probably talk to a financial advisor, but figured I'd start here.

thx


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