We have $700k in Microsoft stock (SO just told me this morning 😲) I'm nervous holding so much stock in one company and thought maybe we should take 10% every year and shift it over to a vanguard index fund which has a 10-13% 10 year ROR or maybe a bond fund. This will allow some Microsoft stock to grow but also shift the wealth to more diversified funds. But this begs the question if Microsoft will continue to grow or if we should just shift everything to vanguard.
700k in stock...booy 😲
In a single stock. Wazzzaaah.
Whatever you think will happen, unless you have 7M net worth it's a crazy amount of risk
Agree here, diversification is key
Such huge amount in a single stock. Atleast purchase an index fund
Serious risk but it is Satya. That dude is a boss
For those of you saying it's a huge risk (and I don't disagree) what is your suggestion? Dump everything and move it over to index fund? Move a certain percentage each year, like 10-25%?
Dump everything and diversify yes
Don’t hold more than 10% on a single stock. So keep 10% of your portfolio there if u believe in the company
Where y'all finding mates?
College. Married nearly 10 but together for 16 :)
Cheers! :)
blind knows nothing
Enlighten blind then.
Keeping all of one's human capital (job) and financial (stock) capital in one stock is undeversified as it gets. Every financial adviser will advise against it
He's at a different job now
Buffett on diversification: https://youtu.be/ZJzu_xItNkY
You should ideally buy a house with that amount (after covid). Put it on rent. Stock might become 2 times in next 6-7 years. Upper bound. I don’t see msft going from 1 trillion to anything more than 2.
No, fuck that. Leave the market for someone who actually needs a home
Yeah buy some property and get some rental income or even use it to pay down the mortgage - mini LBO