Joined Apple this year and my first batch of RSU vested worth about 15k. After short term capital gains tax, I will roughly get 10k. I am new to the trading game so I wanted your inputs on whether I should sell immediately or wait to avail of long term capital gains tax (which is lower than short term tax) and long term stock growth (hopefully apple stock keeps growing). The wisdom on Blind seems to be to sell immediately and not to time the market but I don’t have a good sense of how risky or not it is to hold long term. I would really appreciate it if someone can explain their strategy.
Your tax rate isn’t lowered by holding. The stock is taxed as income on the stocks’ value on the vesting date. Cap gains only apply to the growth/loss that happens after the vesting date.