3 ms·
Did you sell stock as soon as it vests? Why?
by person_of_color 8y ago
Did you sell stock as soon as it vests? Why?
- ghaff 8y agoIf you don’t, you need to ask the question: if I had a pile of cash to invest, would I use it to purchase my company’s stock given that the stock price snd my employment opportunities there are at least loosely correlated?
- DVassallo 8y agoYes I did. I was always very exposed on the Amazon stock since I always had 2-3 years worth of granted RSUs that hadn’t vested yet. I didn’t want that much exposure.
- Double_a_92 8y agoDiversification. Even if you want stocks, you don't want them all from the same company. It would be better to just stick that money into some S&P500 index fund.