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There's no need to divest entirely, assuming a reasonable portion (say, no more than 3-5%) of total holdings is in company stock. That said, I have heard someo
by pmiller2 9y ago
There's no need to divest entirely, assuming a reasonable portion (say, no more than 3-5%) of total holdings is in company stock. That said, I have heard someone in my company say they refuse to invest in tech stocks at all, because they're concerned about a sector-wide downturn taking out both their job and their investment gains. I think that's a bit of an extreme position, but I understand where it's coming from.
- ajmurmann 9y agoIt seems extreme but if you don't have enough other savings to bridge 1-2 years of joblessness I think it's very reasonable. The tech sector might tank and come back but you need enough breath to wait for recovery.