Sell FB stocks and buy FDN or PNQI instead?

Facebook zdrfvhujm
Feb 7, 2018 19 Comments

I am working at Facebook and have $350K FB stocks in my stock account. Should I sell them and buy FDN or PNQI instead for long term investment? Owning FDN or PNQI may be less risky and I can trade them any time, but I have to pay some tax if I sell FB stocks. Any advice?

comments

Want to comment? LOG IN or SIGN UP
TOP 19 Comments
  • Nvidia Figaro
    The most basic rule of smart long term investing is diversification. You are already overly vested in your own company by your salary, house prices and so on. It is definitely not advisable to keep significant percentage of stocks from your own company in your portfolio.

    Disclaimer : This is general advise which works for 90% of the world, your individual results can obviously be contrary.
    Feb 7, 2018 0
  • CareerBuilder hdTI13
    I definitely recommend cashing out, but I wouldn't put the proceeds such a narrow sector fund. VTI with a little VXUS mixed in are much better choices. Making and saving a ton of money in your day job is how you get rich. Broad diversification is how you stay rich.
    Feb 7, 2018 0
  • Workday / Other unsullied
    FB stock has outperformed both indexes. Why do you want to cash out?
    Feb 7, 2018 1
    • Facebook zdrfvhujm
      OP
      I just felt it risky to put all the money on one stock and I can not sell FB stocks when my company's trade windows is closed.
      Feb 7, 2018
  • New ClIe61
    Yes. Absolutely. I’m doing the same thing right now.
    Feb 7, 2018 0
  • Workday / Other unsullied
    Have you looked at Cryptos? You can get plenty of crypto investing advice here
    Feb 7, 2018 0
  • Couchbase stealthdb
    Makes sense to sell part of your FB shares and buy index or mutual funds as a long term investment plan, diversify your portfolio and thereby minimize your risks. Don’t worry too much about taxes on your again, you will have to pay it anytime to you sell your stocks
    Feb 7, 2018 3
    • Microsoft Clone!Jedi
      Not quite...compare 2 cases. 1) $2 gain pay 0.66 have 1.34. Case 2) two transactions $1. .66 and then 0.44 gain on = 1.10 cents gain. Losing out a bunch.
      Feb 7, 2018
    • Nvidia Figaro
      @Clone if you have two transactions with 1$ gains you pay 0.33 tax on both and are left with 2 piles of 0.66, 2*0.66 =1.33. I don't understand how did you come up with 0.44. Unless you are counting transaction fees or charges by the broker.
      Feb 7, 2018
    • Microsoft Clone!Jedi
      True. As long as both transaction are in the same year. Long run, irs takes its cut and you are poorer end of year. So, speed trading is fine. This is the reason Roth 401k is such a win. Taxes up front and not on future gains.
      Feb 7, 2018
  • Microsoft Zmzmzmzmz
    After buy house then rent the hell out of it. Win win.
    Feb 7, 2018 2
    • Facebook zdrfvhujm
      OP
      Houses in bay area are already very expensive now. We are already on a loan. $350K won't be enough to buy a house.
      Feb 7, 2018
    • Buy a house in the heartland. Not coastal cities.
      Feb 7, 2018
  • Facebook zdrfvhujm
    OP
    5 years
    Feb 7, 2018 1
    • Oath OPnd70
      You must be rich! Did you ever get FDN?
      Aug 26, 2018
  • LinkedIn eYnt72
    For how long you were at FB?
    Feb 7, 2018 0
  • Microsoft Zmzmzmzmz
    That’s so much money, just buy a freaking house!
    Feb 7, 2018 0
  • Facebook zdrfvhujm
    OP
    They are my RSUs, so they are not in my 401K account.
    Feb 7, 2018 0
  • Microsoft Clone!Jedi
    Can you trade from your 401k to avoid tax implication. Quick trading hurt longer term as taxes pile over the transactions...reducing the base. But if these are your only stocks, then diversify bro...like an Ibdex fund or Berkshire....yet call
    Feb 7, 2018 0