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re: RSU strategies
Posted on 3/8/24 at 9:34 am to STLhog
Posted on 3/8/24 at 9:34 am to STLhog
When I started at my first company that granted RSUs I received some good advice that stuck with me.
RSU's are a part of your total compensation package. If your company instead gave you the cash value of a RSU vest, would you spend all of your that cash on buying shares of the company?
I like to hold onto a few shares here and there but I mostly sell up upon vesting just like you. Some will go towards a family vacation, some I invest or beef up savings. I never liked the idea of having a large amount of my wealth in one stock.
RSU's are a part of your total compensation package. If your company instead gave you the cash value of a RSU vest, would you spend all of your that cash on buying shares of the company?
I like to hold onto a few shares here and there but I mostly sell up upon vesting just like you. Some will go towards a family vacation, some I invest or beef up savings. I never liked the idea of having a large amount of my wealth in one stock.
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