3 ms·

this may be an unpopular opinion (especially if the stock is doing well) but I've also done the exact same thing (sell on vest + diversify).

• solotronics 9y ago
  if you think your company will outperform in the short term you could set up a stop loss limit to allow only a certain percentage of loss in your company stock that way you are only exposed to upside
  • brianwawok 9y ago
    limits are usually a guarantee you will sell at the very bottom of a crash. There are much better ways to diversify.. such as what others said - sell on the day you vest and buy an index fund.
  • amorphid 9y ago
    >> if you think your company will outperform in the short term... I believe no one can reliable predict which way a stock is likely to go. If there is a way to predict, only a few people know, and that prediction is soon baked into the stock price.
• himom 9y ago
  It’s a conservative play but an understandable one for older employees: it’s usually too risky to both work at a company and hold its stock. Diversify also means more than stocks and bonds... land, art, apartment buildings, laundromats, etc. https://www.betterment.com/resources/should-i-own-stock-in-the-company-where-i-work/ https://www.betterment.com/resources/should-i-own-stock-in-t...
• indemnity 9y ago
  Same. It’s the reason I own a house now (cash for 30% down payment in overheated market), and retirement savings are also pretty healthy due to cashing out company stock as soon as it vests. Also means I can walk any time I want, most I’d lose out on was next year’s RSUs.
• zokier 9y ago
  > this may be an unpopular opinion In what universe it is an unpopular opinion? I've always only heard the recommendation to diversify
  • mirceal 9y ago
    In the universe where I live. Colleagues holding onto the stock and scratching their head when they hear I sell on vest.