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Unless all of your money was in Google stock options, in the example mentioned earlier, one could buy a house and have Google stock options, so...
by rentcontrol 9y ago
Unless all of your money was in Google stock options, in the example mentioned earlier, one could buy a house and have Google stock options, so...
- nostrademons 9y agoAnd then you are doubly exposed to Google's fortunes as a company (or in my case, quadruply-exposed: my salary and most of my professional network at the time were dependent on Google). The price of Mountain View real estate is pretty heavily correlated with Google's stock price. It's not irrational to want to have some diversification, particularly when things work out fairly well anyway.