Googleboredyet

Dumping company stock

Just made a good $10k selling my weed investments (I got in a few months ago). There was the GME thing, then this craze and those seem small compared to the way the market looks as a whole. People have been talking about a bubble for a long time now. Maybe cash is better at this point? I'm thinking of selling 50% of my future RSUs as they vest.

Google CqlP40 Feb 11, 2021

Why? Google stocks will only go up from here.

IBM fangchod Feb 11, 2021

You should always sell your employer's RSU unless your insider view of the company makes you exceptionally confident in its performance. Keeping your RSU is that same as if you wanted to invest that much money and put it all in one company's stock. For people who work in tech, we take it for granted because tech stonks always go up. However, I knew a man who worked at Teva for many decades and never sold his RSU, even after retiring. Go look at the Teva stock chart. He probably lost 80% of that compensation due to laziness.

Google boredyet OP Feb 11, 2021

I mean don't get me wrong I believe the company is good and will do well. At the same time I think values across the market are inflated and the post is more about "stocks vs cash in 2021" than it is about "google vs other investment"

IBM fangchod Feb 11, 2021

Then hold it as cash. No harm in that (except inflation lol).

Google CqlP40 Feb 11, 2021

Dont listen to IBM, their stocks are always tanking. Talk to a TSLA guy and they'll tell you how holding their stocks made them rich.

IBM fangchod Feb 11, 2021

Yes, and if you sold GOOG the day it vested and bought TSLA, you would've been even richer. So why didn't you do that?

Google 🙋‍♂️ Felicia Feb 11, 2021

Ya autosell and invest in something. You’re already super exposed to goog

Google boredyet OP Feb 11, 2021

Shit I hope I don't get flagged for "I made 10k selling weed"

Flagged by the community.
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🚀BTC🚀 Feb 11, 2021

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