I prefer to avoid concentrating my income and wealth with my employer and diversify. The double whammy of the stock going down and the risk to my job is something I can't stomach.
That's a great topic! I think what's you're doing is perfectly rational. I sell 80% every vesting cycle to minimize my regret :-) on aggregate it worked well for me the last 10 years as fb/Google (my two employers) outperform the market substantially, but it also means that I have huge exposure to tech... So net net probably just better to do what you do and autoinvest it
What about your ESPP stock? Looking at your graph you actually zero out so I'm assuming you sell ESPP stick also. Wouldn't it be better to hold it until you can have a Qualified Disposition?
That's how I do it too!
I prefer to avoid concentrating my income and wealth with my employer and diversify. The double whammy of the stock going down and the risk to my job is something I can't stomach.
That's a great topic! I think what's you're doing is perfectly rational. I sell 80% every vesting cycle to minimize my regret :-) on aggregate it worked well for me the last 10 years as fb/Google (my two employers) outperform the market substantially, but it also means that I have huge exposure to tech... So net net probably just better to do what you do and autoinvest it
What about your ESPP stock? Looking at your graph you actually zero out so I'm assuming you sell ESPP stick also. Wouldn't it be better to hold it until you can have a Qualified Disposition?