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I own shares given to me in a company I used to work for that has now floated. I am keeping the shares, which is effectively a pick but I know it is well run an
by bbcbasic 10y ago
I own shares given to me in a company I used to work for that has now floated. I am keeping the shares, which is effectively a pick but I know it is well run and very good at executing value acquisitions
- aws_ls 10y agoIf those shares are a small percentage of the net worth, then it can be Okay to keep them as is. But if its the case of them being the majority of your net worth, then its very dangerous. I look at it from a downside vs upside perspective. I want a lower probability of a downside, which will cause pain to me. For that I am okay, to trade it with moderate upside e.g. index based funds.