3
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Stock with Former Employer
Posted on 10/12/26 at 8:42 am
Posted on 10/12/26 at 8:42 am
Whats the board normally do with stock they have from a former employer? Do you hold and let it ride or do you move into a diversified account?
A little context. Down 25% w/ quarterly dividend around 1.5%
Do you take the loss for tax purposes and roll into VOO, or let it sit and hope it comes back down the line.
A little context. Down 25% w/ quarterly dividend around 1.5%
Do you take the loss for tax purposes and roll into VOO, or let it sit and hope it comes back down the line.
Posted on 10/12/26 at 8:48 am to Lsut81
Depends - how do you feel that company will do long term? Often people feel like the company is going downhill and that’s part of why they leave. I wouldn’t want to hold the stock if I felt that way
Posted on 10/12/26 at 8:51 am to Lsut81
quote:that’s kinda depends on what company it is
Whats the board normally do with stock they have from a former employer?
. Would you want to own it otherwise? Do you own it at a discount to current price? Posted on 10/12/26 at 9:31 am to cgrand
quote:
how do you feel that company will do long term?
It may go back to pre-dip level eventually, but think where I got in based off options is the top.
quote:
Would you want to own it otherwise?
No, I wouldn't go out and buy it otherwise.
quote:
Do you own it at a discount to current price?
No, the discount was 15-25% higher than is now, depending on the shares
ETA: Grok is telling me to take the loss, offset other gains this year, reinvest the proceeds into VOO, and then take the 3k/year deduction until the loss is run out. Don't know if I trust our AI overlords.
This post was edited on 10/12/26 at 9:35 am
Posted on 10/12/26 at 9:45 am to Lsut81
quote:
ETA: Grok is telling me to take the loss, offset other gains this year, reinvest the proceeds into VOO, and then take the 3k/year deduction until the loss is run out. Don't know if I trust our AI overlords.
Sounds like the right route. You've also probably told grok more about your financial picutre so it can make a better estimated route.
Posted on 10/12/26 at 12:01 pm to HYDRebs
quote:
Sounds like the right route. You've also probably told grok more about your financial picutre so it can make a better estimated route.
100%. Not gonna be a lot on here. It’s not money I rely on, but would like to maximize what it’s doing.
Posted on 10/12/26 at 12:05 pm to Lsut81
I instantly sell all my stocks that vest with my current employer. I'm already exposed to it.
As for former employer, the question is simple if you had that value in cash would you buy that same stock with all of it? Answer is highly doubtful.
Now that's not considering any potential tax ramifications. Which, that can be a significant factor.
As for former employer, the question is simple if you had that value in cash would you buy that same stock with all of it? Answer is highly doubtful.
Now that's not considering any potential tax ramifications. Which, that can be a significant factor.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News