2 ms·
I sell immediately. But I currently work in a relatively old tech company. My belief is that I already have too much invested in my company with them paying my
by graton 9y ago
I sell immediately. But I currently work in a relatively old tech company. My belief is that I already have too much invested in my company with them paying my salary. If I add on having a large portion of my savings as company stock then it would be double the trouble if the company had financial problems which caused the stock to fall and them to lay me off.
I can remember https://en.wikipedia.org/wiki/Enron_scandal https://en.wikipedia.org/wiki/Enron_scandal and how some people had all of their 401k money in Enron stock. They got laid off and their 401k balance went to $0 :(
Myself I sell my RSUs and invest them in a low cost S&P 500 index fund instead.