Hello mustachians,
A friend of mine is working for Air Canada and the end of 2010, the company offered 130 shares to every eligible employees.
The shares were bought at around 3.50$ each and are now worth 26.17$.
I am currently trying to help this friend getting its personal finances back on track. She has +/- 2500$ in credit card debt (at 20% interest rate) that she only manages to pay minimum each month.
My question is : Should she sell the shares (130 * 26.17$) = 3400$ and pay the credit card debt or should she keep the shares? The shares being pretty volatile, I would advice her to sell for a gain, but I just want to make sure I'm not missing anything here?
Thanks!