Re:Why I'm Selling My Google Stock Grant
by icebraining on Wednesday August 12, 2015 @04:32AM
(#10046749)
How much savings did you have accumulated one year after graduating? It doesn't seem surprising to me that stock grants are a significant part of it, though I can't say I have experience working for a large tech company.
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Re:Why I'm Selling My Google Stock Grant
by jfoster on Wednesday August 12, 2015 @06:35AM
(#10047036)
For a recent graduate perhaps it would make sense, but the article doesn't come across as advice for recent graduates. In any case, I think the point is that the advice is applying a simple rule (sell granted stock ASAP) to everyone, seemingly ignoring all circumstances.
Selling granted stock is certainly good advice for someone, but not necessarily for everyone.
Re:Why I'm Selling My Google Stock Grant
by icebraining on Wednesday August 12, 2015 @07:56AM
(#10047223)
"I'm writing this post because many of my Class of '14 friends are about to receive their first stock grants."
This implies it's advice to them, not necessarily to everyone.
Re:Why I'm Selling My Google Stock Grant
by jfoster on Wednesday August 12, 2015 @08:40AM
(#10047360)
It also refers to the stock as nest eggs, though. It suggests that the advice is intended for well beyond the first couple of years.
Overall, it just seems a confused post. The circumstances it envisages are extremely remote, and if there was such a huge change in the industry, a bit of cash that you got from selling your first year's worth of granted stock isn't going to make much of a difference.