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re: Concentration risk

Posted on 3/7/24 at 4:14 pm to
Posted by Tifway419
Member since Sep 2022
917 posts
Posted on 3/7/24 at 4:14 pm to
My threshold is 10%. Tesla reached that towards the end of 2021 so I sold 40% of my Tesla holdings (4% of my net worth at the time). Tesla was near its all time high then, so I got lucky.

Now I’m nearing that 10% threshold with my company stock. It really should be 5% because if the company I work for tanks, then I could lose my job as well as the value in its stock. I just can’t bring myself to sell it.
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