Net worth down 66% in last 2 years. Is it worth holding PP stocks anymore?
Been 5 years and PayPal and life is chill. But net worth is down more that 66% in last 2 years. Looking to take advantage of dry market but want to play safe at the same time. Edit: NW went from ~500k to ~200k. Blind tax: TC: 240k
PayPal is in a tough space with cash, apple, affirm, Amazon, meta all entering the payments space.
I didnât join PayPal for this exact reason. I donât believe the stock the ever come back up again.
I wouldnât want to hold PayPal.
Down 66%? How come u not had a heart attack yet? đ Or was your NW low like 50k and now it's ~20k
My brother-in-christ, make an exit plan. Your employer's stock tanking should not tank your net worth that much. Diversify ffs
Whoa, what numbers are you talking ma man ? NW down 66%, seriously?
Updated post
Are you misunderstanding the def of net worth ... ? It should factor in your real estate (equity only i.e. subtracting the mortgage), retirement accounts, essentially all assets minus all liabilities... net worth doesn't just correspond to your PayPal stock / RSUs.
So you don't sell stocks as soon as they are vested ? Why? I don't even hold Microsoft which as per "experts" is a solid long term play.
Tough call.