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Totally agree on the "risk" assessment. However, when you are young you can take outsized risk for the first few years. A company like GOOG or FB isn't going to
by anonu 11y ago
Totally agree on the "risk" assessment. However, when you are young you can take outsized risk for the first few years. A company like GOOG or FB isn't going to implode overnight. The upside scenario is much more likely than the downside. So, I agree with the risk reduction and diversification argument, but I would wait a few years. The benefits of having significant market outperformance in one stock while you're young will carry over into the life of your nest egg.
- mostlystatic 11y agoIs there any advantage in having GOOG stock when you work at Google, rather than selling half of your GOOG stock and buying FB? I think the expected return would be the same, but it would be less extreme (less likely to be 10x, less likely to be .1x, more likely somewhere in-between).