How much and what kind of stock do you own?

Facebook 3434
Nov 8, 2017 384 Comments

I’ll start: (all in dollars, not units)
100k in FB (vested RSU)
50k Index funds (+ 401k but no idea how much)
5k Bitcoin
2k Netflix
2k Amazon
1k trading randomly

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TOP 384 Comments
  • Twitter
    smoke

    Twitter

    PRE
    Amazon, Cisco
    smokemore
    200K cash (140K mvng to ETFs)
    680K ETFs
    70K 529s (kids’ college)
    112K 401k
    53K mutual funds
    122K IRAs
    XXX unvested TWTR

    Also: 0 debt, house paid off, 2 vehicles paid in cash
    Nov 9, 2017 7
    • Twitter
      smoke

      Twitter

      PRE
      Amazon, Cisco
      smokemore
      My wife and I are incredibly frugal - we only spend in cash, I paid off my college and CC debt in under 3 years and just layered on from there.

      Some good fortune too with some RSUs from past companies and Twitter. Not crazy stupid money like pre-IPO folks, but enough to layer on.

      10% always goes to charity whenever it comes in

      As much as possible went to house then to ETFs.

      Cheap vacations, and prioritizing low recurring costs.

      Don’t know what else to say - we really are very frugal/cheap though.
      Nov 10, 2017
    • Twitter
      smoke

      Twitter

      PRE
      Amazon, Cisco
      smokemore
      I started work at 23. No parental help (Mom is teacher, Dad deceased during high school)
      Nov 10, 2017
    • Google / Eng kGTW62
      Good job. Very reasonable achievement.
      Nov 10, 2017
    • New / Other BlueCammo
      Age?
      Nov 20, 2017
    • Google / Eng kGTW62
      Wtf, age is right there.
      Nov 20, 2017
  • Facebook Jljw72
    500k in FB unvested RSU
    100k cash
    900k index funds
    800k 401k
    Nov 9, 2017 6
    • AT&T / Ops
      DDM2K

      AT&T Ops

      PRE
      Windstream
      DDM2Kmore
      Good Lord. How long did it take to get to that level?
      Nov 9, 2017
    • Facebook Jljw72
      I’m 33 and these assets include my spouse’s
      Nov 9, 2017
    • Apple / Eng UuDq31
      How come you have 800k in 401k ? With yearly limit plus match maybe 27k .. Have you been contributing for many years?
      Nov 9, 2017
    • Facebook Jljw72
      Two people contributing at the max for 10 years plus some employer match plus stock market appreciation
      Nov 9, 2017
    • Google / Eng kGTW62
      Oh god, last 10 year is the best market run.
      Nov 9, 2017
  • Snapchat ipoyolo
    What is going on with these portfolios? Lots of crypto, lots of company stock, lots of random FAANG stock.

    Many people here are extremely overexposed to the tech sector - if the sector performs poorly not only will they loose their jobs, but also their life savings.

    Some unsolicited advice to folks in tech that are raking it in and not sure where to invest:
    1. Overcome the fear of missing out and immediately sell your company stock. You're too close to the company to make non emotional decisions about it. They're also cutting your paychecks so you're already implicitly heavily long on their stock.

    2. Invest in low-cost index funds. This will give you diversification and best performance over the long run.

    3. Pick an asset allocation based on your age and risk profile. This determines what % bonds and what % stocks to hold. Google around for some questionnaire to help you determine your risk profile and the asset allocation. Most major brokers have something like that on their websites.

    4. If you like to DIY, open a Vanguard account and buy the index funds through them yourself. Read the bogleheads wiki to learn everything you'll need to know about putting together your portfolio and optimizing for taxes.

    5. If instead you want to be completely hands off, just buy a Vanguard target date retirement fund. It'll consist of a mix of stock and bond indices that get progressively less risky as you get closer to retirement.
    Nov 12, 2017 6
    • Facebook Jljw72
      How do you feel about Wealthfront and the like?
      Nov 12, 2017
    • Amazon Pungomungo
      Shhhh. Don’t tell them. I want to buy a house on the west coast once the bubble pops.
      Nov 12, 2017
    • Snapchat ipoyolo
      Wealthfront and Betterment are much better than holding individual company stocks. The expense ratios are somewhat high so it's a bit less ideal than the DYI approach, but totally valid.

      Just be careful about the Wealthfront WF500 or WF1000. Those are "direct indexes" where Wealthfront buys hundred of individual stocks on your behalf. The pro is that you can do more finegrained tax loss harvesting. It sounds cool and lets you save a bit on taxes. The downside is that this creates insane platform lock-in: if you ever want to switch away from Wealthfront, you're left holding all the individual stocks. You can liquidate them all (realizing the capital gains and paying all the taxes) or try to manage them yourself (very time consuming).
      Nov 12, 2017
    • Snapchat ipoyolo
      I completely agree that you don't have to get these through Vanguard. Schwab, Fidelity, T Rowe Price, etc all have great funds. Just look for ones with low expense ratios
      Nov 12, 2017
    • Cisco uYUg55
      Agreed ; i follow the same roadmap as well. Also yiels prediction in stock for next few yrs may not be high so other diversification (rental) is encouraged
      Nov 22, 2017
  • Microsoft
    yMcg47

    Microsoft

    BIO
    Amicitiae nostrae memoriam spero sempiternam fore
    yMcg47more
    0k fb
    0k goog
    $13 in snap
    $10 in my wallet
    Nov 9, 2017 2
    • Nintendo / IT . 🐈.
      This is how I feel :(
      Nov 9, 2017
    • New notnull
      Finally. Someone I can relate myself to
      Nov 13, 2017
  • Gen!x / Eng
    XPbr65

    Gen!x Eng

    PRE
    Bank of America Merrill Lynch, HPE, Northrop Grumman
    BIO
    mehy
    XPbr65more
    $74: Starbucks card
    $256: BTC
    5k: Roth
    8k: cash
    10k: AAPL
    450k: IRA (index)
    2.9m: REITs

    40, OH
    Nov 10, 2017 16
    • Google / Eng kGTW62
      +1 what kind tax rate are you passing? As comparison, I paid 20 percent last year and will probably pay 30 percent this year.
      Nov 10, 2017
    • Gen!x / Eng
      XPbr65

      Gen!x Eng

      PRE
      Bank of America Merrill Lynch, HPE, Northrop Grumman
      BIO
      mehy
      XPbr65more
      Tax questions get complex but here’s a shot

      1. With RE you get a lot of deductions. These cap at a (paper) loss of $25k per year unless you qualify as a RE professional. I️ do, my partners don’t. Which means my deductions are not capped.
      2. When we sell we attempt a 1039 exchange wherever possible.
      3. I️ live in OH. State tax on businesses is not unreasonable. Most of the holdings are LLCs taxed as pass-throughs
      4. I️ also do 150k from my day job (W-2) and 100k (ish) from an IT-consulting gig (1099) so that raises my tax rate.
      5. I️ max fund my SEP IRA which is an awesome loophole for small business owners. 54k/yr set aside
      6. We spend a lot of the profit in December to reduce tax rate. E.g we pay next years condo fees, property taxes, insurance whatever else is possible to reduce this year’s tax liability

      That said I️ pay 20-25% of AGI.
      I️ have no qualms about what I️ pay.
      I️ do okay and I️ do better when the economy hums along than when it falters (see my comment about 2008 earlier)

      Edit: And I️ model every action in (last years) Turbo Tax so I know the taxable consequences of an action before I attempt it.
      Nov 11, 2017
    • Google tentenths
      Thank you 🙏
      Nov 11, 2017
    • Google / Eng kGTW62
      Wtf. How do you juggle a day job, a consulting gig and a RE portfolio?
      Nov 11, 2017
    • Gen!x / Eng
      XPbr65

      Gen!x Eng

      PRE
      Bank of America Merrill Lynch, HPE, Northrop Grumman
      BIO
      mehy
      XPbr65more
      With great difficulty.

      Which is why I turned in a 10-month notice to my day job last Friday.

      Here: https://us.teamblind.com/s/e1nGXjQc
      Nov 11, 2017
  • Facebook 3434
    OP
    Fyi mentioning *not vested stock doesn’t really make sense here because 50% tax
    Nov 9, 2017 9
    • Amazon Bfgjf
      Wow that sucks that ca tax has gone up 3% since I lived there
      Nov 10, 2017
    • Microsoft
      yMcg47

      Microsoft

      BIO
      Amicitiae nostrae memoriam spero sempiternam fore
      yMcg47more
      13.3 if you make over half mil agi
      Nov 10, 2017
    • Amazon Bfgjf
      State?
      Nov 10, 2017
    • Google tentenths
      Also, marginal. Which could be what we’re talking about 😄👌🏽
      Nov 10, 2017
    • Microsoft
      yMcg47

      Microsoft

      BIO
      Amicitiae nostrae memoriam spero sempiternam fore
      yMcg47more
      Yes definitely marginal.

      You end up paying 13.3% total if you make >>> half mil.

      People usually exaggerate this. Even in tech, paying above 10% is rare
      Nov 10, 2017
  • New derb
    200k Ethereum (from a 10k investment a year ago lol)
    35k Bitcoin
    70k Altcoins (Neo, Omg, Wtc)
    40k Facebook, Google, Tesla, Square
    Nov 9, 2017 2
    • Zillow Group hYtJ18
      Well played.
      Nov 9, 2017
    • Facebook 3434
      OP
      Wow.
      Nov 9, 2017
  • Microsoft Zamoo
    850k weekly different stock. Grow from 100k initially
    Nov 9, 2017 13
    • Intuit stockme$
      Wow, that is impressive return. Good for you.
      The market has been favorable for the last 7 years. Risky time might be coming up... law of averages! I am planning to be quite conservative in 2018.
      Nov 10, 2017
    • Marketo itrackyou
      So dumb. Can’t even respond. Don’t go buy small cap garbage. If anyone could guarantee to earn 2% per week they wouldn’t be working anywhere. Truth is, shit will hit the fan for everyone m. Real investors understand all of these dynamics and are prepared for the shit years too
      Nov 10, 2017
    • BMO Bvnq30
      With your logic you might as well buy penny stocks for “maximum gains” Better yet start trading forex with 100:1 leverage, then you’ll be earning 2% a day!
      Nov 10, 2017
    • Microsoft Zamoo
      Man the haters rofl. I got a strategy so far it worked for 2 years, wtf do you kids want? I can do what ever the fuck I want and I got the money result to back it up. By the way 400m cap is not remotely close to penny stock you stupid fuck tard. Go look up definition of penny stock. So fucking butt hurt rofl. I do get fucked sometime but I won must of time so you can stfu. And there are people earning millions on penny stock too, they got their vlogs or website, go there and bash them. The fuck you coming after me for.
      Nov 10, 2017
    • Microsoft Zamoo
      I said learn 2 sector as my advice, i never mentioned which one. if you want to go in penny stock and forex what can I do. It is your stupid fucking choice.
      Nov 10, 2017
  • Facebook Broke
    700k fb stock
    Nov 9, 2017 5
    • New kqsdtrw
      Man the day Facebook goes to shit, you lose money on your stock and you lose your salary. Diversify!
      Nov 9, 2017
    • Facebook Broke
      Yep, I’m going to work on that next year.
      Nov 9, 2017
    • Google / Eng kGTW62
      How long have you worked there?
      Nov 9, 2017
    • Facebook Broke
      4.5 years
      Nov 9, 2017
    • Facebook Broke
      And non SWE
      Nov 9, 2017
  • Intuit ofIw81
    I think it is worth while to add age along with what is owned. :)
    Nov 9, 2017 3
    • Microsoft
      yMcg47

      Microsoft

      BIO
      Amicitiae nostrae memoriam spero sempiternam fore
      yMcg47more
      Why? Usually age is small compared to these number. 40+300k is about 300k.
      Nov 9, 2017
    • Intuit ofIw81
      You seem to be a pretty good mathematics teacher ;)
      Nov 9, 2017
    • Microsoft
      yMcg47

      Microsoft

      BIO
      Amicitiae nostrae memoriam spero sempiternam fore
      yMcg47more
      Well you know... i lose a few beans here and there
      Nov 9, 2017
  • Intuit stockme$
    $125k INTU RSU vested + espp
    $50k FB
    $425k 401k
    $90k IRA
    $300k cash (down payment reserve)

    I am 38.
    Nov 10, 2017 2
    • Google / Eng pachino23
      That's a lot of cash. You're really Intuit.
      Nov 10, 2017
    • Intuit stockme$
      50% in CD. Looking into WF. Honestly, scared to invest in this market.
      Nov 10, 2017
  • Amazon Cndnels
    Will be truthful as a non-tech here...
    $60k - Amzn RSUs (only $2.5k vested)
    $11k - cash
    $10k - 401k
    $8k - random stocks
    $1k - crypto
    -$8k debt (cc, student loan)

    Wife and a kid, can’t afford to buy a good house in Seattle anymore, rent keeps going up.

    Looking at all other inputs, you guys a way way better. If anyone can share any tips on how I can increase my net worth and help out, please comment below.
    Nov 11, 2017 14
    • Google tentenths
      Not a Silicon Valley cheerleader here exactly but I tire of the elitism from the east coast as well. In terms of people trying to just get personal gain out of it, SV is basically the new Wall St it seems to me. Also, I read things like that fixed income industry revenue peaked at 121B in 2009 and is about half now [1]. Compared with size of advertising revenue captured by FB/Google that is small. (Obviously banks have other revenue streams.) But other stats are like: biggest hedge funds have 1xx billion under management while tech cos have hundreds of billions of cash piles; FB’s return on equity is higher than Goldman Sachs’s [2] and capital controls are more restrictive these days. And of course there are bankers/directors/partners who make a lot but the long tail in tech exec pay is very fat as well these days. And at the new grad level you would be stupid to go to Wall St.

      [1] https://www.economist.com/news/finance-and-economics/21728890-it-wants-be-more-normal-bank-goldman-sachs-announces-change-strategy
      [2] https://www.economist.com/news/business/21729998-first-time-famous-investment-bank-has-more-business-image
      Nov 12, 2017
    • Gen!x / Eng
      XPbr65

      Gen!x Eng

      PRE
      Bank of America Merrill Lynch, HPE, Northrop Grumman
      BIO
      mehy
      XPbr65more
      @tentenths

      To avoid hijacking this thread, if you open a thread on this topic I’ll chime in. It’s be rather easy to compare one to the other based on actual figures
      Nov 12, 2017
    • Google tentenths
      Also think it’s worth noting that the equity-sharing culture of SV has been around for 40–50 years. I forget where I read it but an article said that middle management in SV have generally always grown wealth in the multiple millions. I think now though the amount of money flying around has trickled down to the under-30 set in the way it did for investment bankers coming out of school in the late 90s early 00s.
      Nov 12, 2017
    • Google tentenths
      @XPbr done!

      Wall St vs Silicon Valley (SF Bay)"
      https://us.teamblind.com/s/CMa5AWOD
      Nov 12, 2017
    • Amazon eclaire
      You work for Amazon, that is already a big bonus on your resume. Can you go into Management? Aim for 6 figs next year, make yourself valuable. You don't have to be a tech to make tones of money if you can talk through it.
      Nov 19, 2017
  • Square OoOoOoO
    $1.6M SQ (mostly options, some RSU, some stock through ESPP)
    $20k wealthfront
    $10k crypto
    $15k 401k
    $50k assorted stock (NVDA,AMD,TSLA, random non sexy stocks)

    I'm 25, so I'm ok gambling hard on SQ. I know that this is a horrible way to invest and not a long term solution. YOLO
    Nov 21, 2017 10
    • Google / Eng kGTW62
      So you joined after graduation. Congrats man.
      Nov 21, 2017
    • Facebook KingVegeta
      Amazing stuff. Congratulations!
      Nov 23, 2017
    • Walmart workforfun
      How about some diversification?
      Nov 27, 2017
    • Amazon Cybermnday
      I’ve invested in SQ, hope it works out long term
      Dec 8, 2017
    • Square gJxb03
      Any advice for a new grad at square hoping to move up the ranks quickly as well?
      Dec 27, 2017
  • AT&T / Ops
    DDM2K

    AT&T Ops

    PRE
    Windstream
    DDM2Kmore
    Reading this changed my whole perspective on retirement. Half of you have more in RSUs than my pension’s cash balance will be in 30 years.

    I️ think I’d be severely limiting my career trying to stay in a bargained role in hopes of making eligibility.
    Nov 9, 2017 10
    • AT&T / Ops
      DDM2K

      AT&T Ops

      PRE
      Windstream
      DDM2Kmore
      More income = more to put into retirement.

      I’m saying that if I had a comp plan like most people have here, my 401k would get funded faster than any defined benefit plan could, public sector or private.
      Nov 24, 2017
    • Google Runtbstege
      Good point
      Nov 25, 2017
    • Google Runtbstege
      Although I used to work in the public sector and the pension of ~80% of my highest salary earned for the rest of my life would be nice!
      Nov 25, 2017
    • AT&T / Ops
      DDM2K

      AT&T Ops

      PRE
      Windstream
      DDM2Kmore
      80% of your final pay is a great deal and a spectacular pension formula.

      My home state’s public employee pension was 1.6% x yrs of service x avg of highest 5 years.

      IIRC 30 years put you at just a hair over half pay.
      Nov 25, 2017
    • Google Runtbstege
      Half pay for 30yrs of service doesn’t seem that great for a pension. Bummer.
      Nov 26, 2017
  • Nvidia KxUj1k
    Wow reading through this thread is scary. You guys are very very highly leveraged in your own company. Good that tech is doing well, but if your salary comes from the same company, then at least diversify out of your own industry.
    Nov 9, 2017 7
    • Google / Eng kGTW62
      Do you get rsu?
      Nov 9, 2017
    • Nvidia JtPG37
      How far did selling NV stock and diversifying get you? If you live in the Bay Area the only choice is to risk big or leave given the house prices.
      Nov 10, 2017
    • Google tentenths
      It’s fine as long as you keep getting more I guess 😀
      Nov 10, 2017
    • Microsoft
      yMcg47

      Microsoft

      BIO
      Amicitiae nostrae memoriam spero sempiternam fore
      yMcg47more
      And don’t get fired
      Nov 10, 2017
    • Nvidia KxUj1k
      I didn't sell all NV stock and am luckily still holding a good chunk. But because of that I'm not in any other semi; that's what I'm saying. If you're in Fb, it doesn't make sense to own Google too as the whole FANG seems to move together. If you're in Fb, try to get into a tech stock like Autoliv, Salesforce, or something that has a non-Ad based revenue stream.
      Mine looks like:
      ~300k in vested+unvested into NVDA
      ~150k of a mix of stocks in defense companies (RTN,GD), media (DIS), index funds (both domestic and international), financials, and some others. I would like to think it's somewhat diversified outside of Tech
      ~50k in 401k
      ~50k cash
      Nov 10, 2017
  • Google tentenths
    0k RSU
    90k tech stocks
    370k index funds
    150k cash

    Not incl retirement, 529, HSA, unvested RSU etc etc
    Nov 8, 2017 5
    • eBay / Eng
      #yolo

      eBay Eng

      PRE
      Microsoft
      #yolomore
      What index funds? Can you please name few
      Nov 8, 2017
    • Google tentenths
      Just Wealthfront 😀 VXF, VOO, VEA, VWO, VIG, ...
      Nov 9, 2017
    • Google / Eng kGTW62
      You don't need WF. Just buy the underlying funds yourself
      Nov 9, 2017
    • Google tentenths
      Well duh. Then what? I rebalance myself and I harvest tax losses myself? I’m way too lazy for that shit.
      Nov 9, 2017
    • Intuit ctg-5241
      Their fees outweigh the benefits.
      Nov 10, 2017
  • Microsoft asiantiger
    350K FB RSU(none vested)
    40K wealth front
    70K betterment
    90K stock
    10K bitcoin
    100K 401K
    100K cash(for a down payment)
    Nov 9, 2017 7
    • Google / Eng pachino23
      Unvested FB rsu but you're at msft?
      Nov 9, 2017
    • New / Eng eniac
      He must have created the Blind account when he was at Microsoft. Now he moved to Facebook, hence all of his 350k RSU's are unvested. Sherlock to the rescue ;)
      Nov 11, 2017
    • Microsoft kkrkkr
      pachino23 how do you solve tough problems at google? eniac yes...that's correct
      Nov 11, 2017
    • Google / Eng pachino23
      I was incredulous
      Nov 12, 2017
    • Snapchat ipoyolo
      Be careful with having both wealthfront and betterment. They're pretty similar, so you can just pick whichever you like better. Because they do tax loss harvesting, you risk creating wash sales when you have both.
      Nov 13, 2017
  • New kqsdtrw
    120k wealthfront
    100k index fund
    50k random stock picking
    50k 401k
    30k cryptos
    30k emergency cash
    Nov 8, 2017 5
    • Intuit Kv16jRa
      Why do wealth front and index funds? Wealth front is simply index funds with higher fees
      Nov 9, 2017
    • New kqsdtrw
      It's a bit more diversified and their tax saving mechanism is pretty good. They rebalance automatically also.
      Nov 9, 2017
    • Pinterest LYzC68
      Small 401k
      Nov 10, 2017
    • Intuit Kv16jRa
      I guarantee you their tax loss harvesting isn't worth paying doubly high expense ratio.

      All TLH does is lower your basis today so you owe more in capital gains later. And since you can only write off up to 3,000 in losses a year, it's not saving you much -- especially when you'll pay it back it later because you lowered your basis.
      Nov 10, 2017
    • Intuit Kv16jRa
      It's sad that they convinced you to pay for a product that will net you less money in the end because they don't fully compare it to using something like Vanguard index funds without TLH.
      Nov 11, 2017
  • This comment was deleted by original commenter.

    • Nvidia KxUj1k
      That's very respectable!
      Nov 10, 2017
  • Lyft gtc
    -500k tsla
    -100k snap
    100k goog
    50k upro
    -70k uvxy
    10k tmf
    10k svxy
    -100k htz
    -100k atvi
    20k gild
    120k twx
    100k aapl
    100k fb
    -30k vxx
    Sitting half in cash for debt fight in December
    Nov 9, 2017 8
    • Lyft gtc
      If things get rough, tsla is very high beta. I will make money in either case.
      Nov 10, 2017
    • Workday / Eng JorgeDorge
      How much is on margin?
      Nov 10, 2017
    • Lyft gtc
      Would be pretty stupid to margin up when holding this much short vol.
      Nov 10, 2017
    • Adobe / Eng tGHh64
      Can you explain what does - sign mean?
      Nov 19, 2017
    • Gen!x / Eng
      XPbr65

      Gen!x Eng

      PRE
      Bank of America Merrill Lynch, HPE, Northrop Grumman
      BIO
      mehy
      XPbr65more
      - means it’s shorted

      To nitpick, that means you don’t own that stock.
      Dec 22, 2017