I have 2,377 shares of Amazon (AMZN) acquired as RSUs from 2017 till date, with a vesting price of 125. With the stock currently crossing that price, I am considering whether to continue holding them or sell and invest in ETFs like IVV or QQQ. If you have any other recommendations then feel free to add. Average Vest price - 125 Total - $297k
AMzN seems to be undervalued at this point. Just hang on.
Diversifying is always a good option. Irrespective of AMZN crossing 125 or not. And instead of putting all in QQQ, I would suggest to put some in VUG , VBK, VOT. QQQ is tech focused only. Diversify industries too.
Also consider that your employment with Amazon itself is a kind of investment - if you're hanging on to AMZN shares and your paycheck depends on them that's multiple revenue streams all relying on a single company. Diversify accordingly.
Never time the market. Diversity based on your risk tolerance. No one can tell you what to do, and sometimes you just have to learn from making mistakes
Unless you need the money, hold. The market is down. Look at meta.. a year ago we all thought it was game over.
Why don’t you go for a hybrid approach - sell 75% and diversify, hold 25%.
Always sell at vest. Diversity yourself from risks
Why sell at vest when you can sell when you want. The price may drop just the day before vest.
To do not keep too many eggs in same basket. You still have exposure to success/failure of your employer through unvested RSUs. It doesn’t really matter when you sell at vest security A and buy B that A drops. What matters is relative movement of securities. And even if it drops 0.1% == doesn’t really matter. That said: sell at vest and reinvest immediately into securities you want to hold long term or stay in cash if market goes down.
Do you mean average vesting price or something? It's not like you vested all those at one?
What’s the total value today? Yoe? TC?
That is close to 400 stocks per year in RSUs. May I know your designation
Always sell RSUs at some profit and invest in ETFs. Since you continue to be in same company, you will have enough unvested stocks.
A little less clear when you consider short VS long term capital gains etc
Maybe for an ESPP program but typically not for RSUs.