4 ms·
> If instead of getting $X in RSUs you got $X in 'bonus' cash every month would you turn around and put it right into your employer's stock? Probably not. Prob
by notyourwork 8y ago
> If instead of getting $X in RSUs you got $X in 'bonus' cash every month would you turn around and put it right into your employer's stock? Probably not.
Probably is the key word in this statement. There isn't a one size fits all investment strategy so why are we pretending that one exists.
My decisions to invest in the company I work for or my lack of risk aversion could be based on attributes that are unique to my situation and not yours (or others).
> narrow bet which is reckless unless you can see the future.
This is just another way of saying what OP said that I replied to, its not really addressing the point I am making.
For example, what if I have a lump sum of money in the bank so I can afford to make a risky decision like doubling down on my employer. What if I have a dual income house hold and we can afford to do this because even if I lost everything my spouse would account for enough income to cover our expenses. Again, stop prescribing one size fits all advice because investing and finance are extremely diverse because everyones situation is unique.
- andrewvc 8y agoThe way you describe investing "What if I have a dual income house hold and we can afford to do this because even if I lost everything my spouse would account for enough income to cover our expenses" is a lot closer to gambling. They are two very different things.
- Zecar 8y agoAll investing is gambling. You're going to reply with a chart of the S&P over the last 100 years engaging in the cliche fallacy of thinking that past returns dictate future results.
- notyourwork 8y agoGambling is gambling, there are different levels of risk and probabilities you will win or lose but investing is all gambling. Saying its anything else is ignorant of reality.