What to do after IPO

Uber VKgc52
Sep 6, 2018 24 Comments

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?

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TOP 24 Comments
  • 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.
    Sep 6, 2018 5
    • Salesforce X92582T
      First piece of solid advice here!!
      Sep 6, 2018
    • VCA
      vsfan

      VCA

      PRE
      Epic Systems Corporation
      vsfanmore
      So what's the point of having money?
      Sep 6, 2018
    • Airbnb fugazzi
      To make more money.
      Sep 6, 2018
    • VCA
      vsfan

      VCA

      PRE
      Epic Systems Corporation
      vsfanmore
      Look, Earth is dying. Climate's changing like crazy. Can money solve this real problem for anyone?
      Sep 6, 2018
    • Airbnb fugazzi
      That was the strangest non-sequitur ever. We’re talking about personal finance VCA. Stay on topic.
      Sep 6, 2018
  • LeanTaaS iblinds
    CONVERT TO CASH AND WAIT FOR NEXT RECESSION..

    ALL IN AT THE RIGHT TIME.. RIGHT NOW, EVERYTHING IS ALL TIME HIGH
    Sep 6, 2018 4
    • Airbnb fugazzi
      OMG STOP WITH THE ALL CAPS AND BAD GRAMMAR WHAT ARE YOU 12?
      Sep 6, 2018
    • LeanTaaS iblinds
      ALL CAPS FEVER ALL AROUND
      Sep 6, 2018
    • Airbnb fugazzi
      AND YOU LIKE YOUR OWN POSTS HOLY SHIT YOURE TOTALLY 12 OMG GROW UP.
      Sep 6, 2018
    • Microsoft gfba68
      The market spends the vast majority of its time at or near its all time high. Waiting for it not to be is a great way to earn subpar returns
      Sep 8, 2018
  • Microsoft gfba68
    Either diversify or pay down the mortgage.
    Sep 6, 2018 1
    • Airbnb 🐼Pajamas
      Depends on what the mortgage rate is. Less than 4% I'd let it ride. Rates are definitely going up in the next 24-36 months.
      Sep 6, 2018
  • LinkedIn Zeiwkf5
    Whatever you do, don’t hold a significant amount in a single stock. Especially if it is the company you work for. All the HODL people are giving terrible advice.
    Sep 6, 2018 0
  • Wayfair / Product XHhW63
    Incomplete poll. Next.
    Sep 6, 2018 2
    • Uber VKgc52
      OP
      Other options?
      Sep 6, 2018
    • Wayfair / Product XHhW63
      Really? You can't think of anything else you would do with a chunk of cash?
      Sep 7, 2018
  • LinkedIn cuka16
    Plan ahead. Stock price will go back to less than a half within a year
    Sep 6, 2018 1
    • Yahoo OathAllThe
      What’s this based on?
      Sep 6, 2018
  • Airbnb fugazzi
    How does the “another $500k of stock post tax” work? Is that based on vesting timeline?
    Sep 6, 2018 0
  • Leanplum HankyPanky
    Hookers and blow
    Sep 6, 2018 0
  • Cruise Automation BadDreams
    Wow, what level are you at? That’s a lot of stock!
    Sep 6, 2018 0
  • IBM / Eng Leetcode
    Exchange all for VTSAX
    Sep 6, 2018 0
  • Google / Eng
    tSWH20

    Google Eng

    BIO
    I joined in 2004 and plan to retire 2020
    tSWH20more
    Not sure about paying off mortgage with stocks, especially uber stock. All Googler's who did that had done poorly, and probably will do badly in next 10 years.
    Sep 8, 2018 0

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