I have about $500k of stocks and just bought a $1.5m house, 20% down. After the IPO I will have another $500k of uber stocks post tax (at current value, might be more or less next year). What should I do with the stocks?
Applied Material HelloItMe
Don't pay down your mortgage. I don't know why people here keep suggesting that. Your after-tax interest rate on your mortgage is likely south of 3%. Your long-term return on diversifying your stocks through an ETF will likely be north of 7%. 7%>3%. Sell most of your Uber stock and get into an ETF for the long haul.