Sell Uber stocks to buy a house in Bay Area
Found a house which i really like. but can only afford it, if I sell Uber stocks. suggestions from folks who have been through the same situation?
Does this mean you also don’t have the savings to cover 6 months of expenses (plus mortgage)? Then don’t do it.
Why would you conflate 6 months of expenses with a Bay Area downpayment?
I’m not conflating anything. it’s the financially responsible thing to do. Has nothing to do with “Bay Area” or not.
You were assigned stock at what price?
I also wouldn’t wait to sell them until after finding a house.
What else are you saving for if not a home you love
a house is an investment too
What's the point of keeping the money if you don't purchase what you like that is investment too!
I’d sell uber esp if you don’t have profits. But I wouldn’t buy a house
How much are you selling? How much is TC? Does it actually make sense financially considering your full financial situation? Go talk to a financial adviser or a friend who is decent at finance. This is a very broad question.
financial advisors are robbers
Financial advisors 😂
Buy at a range that is easy to sell, 1.3M around. If you go higher it would be hard to get rid of later
uber stock will got up at least 5$ in a month
If you know this why isn't it already up 5$?
its up 15$ past 3 months. uber reported good best earnings. lookout for next 1 month 5$ up. and tesla is big runner tomorrow, 100pts up.