Interestingly, I was hoping the OP is a poor college student for whom 1/4 of their net worth isn't all that much money...
Re:Elon Musk Settles SEC Fraud Charges
by blackbrokkoli on Sunday September 30, 2018 @04:54AM
(#18105254)
Well arguably it would be even worse than.
I think it's save to say that the relative amount of money lost is more important than the absolute money lost for most people
Re:Elon Musk Settles SEC Fraud Charges
by isostatic on Sunday September 30, 2018 @05:42AM
(#18105418)
If his net worth is $1k, with $500 in cash and $250 in Tesla that makes perfect sense.
Under 35s median net worth is $4k
https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com...
If your earnings are likely to go up dramatically later, then it's fine to take large risks with the money you can invest now. Unless you have large gains, it's not enough money to make much difference anyway.
This assumes of course that you've got the basics covered, like being out of debt and having some kind of emergency backup (savings, insurance, well-off parents, etc).
Re:Elon Musk Settles SEC Fraud Charges
by LeifCarrotson on Sunday September 30, 2018 @03:18AM
(#18104974)
The only way this could make sense would be if OP was an employee recieving stock they are not yet allowed to sell.
No offense, but why???? It is crazy to have this much of your meet worth in ANY single company. I can only hope that you are independently wealthy and if TSLA went bankrupt (of which there is a very large possibility) that you'd be ok.