3 ms·
Ahhh, that explains it. When the market crashes, you become plebs like the rest of us. Except you'll be living in the most expensive place in the country.
by danjoc 9y ago
Ahhh, that explains it. When the market crashes, you become plebs like the rest of us. Except you'll be living in the most expensive place in the country.
- trustfundbaby 9y agoright, because RSUs go to 0 in a stock crash.
- evgen 9y agoNot really. At worst you lose a couple of years of growth in prior equity grants but your yearly refresher will be bulked up significantly to account for the diminished value of the stock and voila, pleb no more...
- QuercusMax 9y agoYup, if the stock goes down, and you get a bigger (# of shares, not $$) refresh, if it goes back up to where it was before, bam, you've got it made. If you're lucky, you'll have enough for a down payment on a house....
- umanwizard 9y agoOnly for people who didn't sell on vest... stocks are a liquid asset just like cash; nothing forces to keep the shares you're paid with.