Right; so my plan of having 60% of my wealth tied up in unvested stocks in a single company is really coming to fruition!
Re:How This Ends
by robotresearcher on Sunday May 22, 2022 @11:49PM
(#31475165)
Unvested stocks are not your wealth. Try not to think of them that way. You own them the same way you own next year's paychecks, i.e. not at all.
There are ways to mitigate this risk. Talk to a professional.
As long as you heed standard advice (treat stock as nice to have but value it at zero during wage negotiations) then the impact on your net worth should be minimal :)
Re:How This Ends
by FollowingTheDao on Sunday May 22, 2022 @03:00PM
(#31471549)
Oh man, so sorry.
Re:How This Ends
by quickthrower2 on Sunday May 22, 2022 @11:44PM
(#31475145)
Not really, if they go to zero, then he/she will be in the same situation as most (99.9%) of employees who get no stock.
We call it the lottery — the last ~5 years we "won"; this year? Maybe not so much.
Re:How This Ends
by quickthrower2 on Tuesday May 24, 2022 @03:28AM
(#31489083)
“We” meaning a subset of “not me”
> do not invest money you need within 5-10 years and do not make rash decisions; it is better to ride this train down and then hopefully back up than jump randomly.
Gaming the market successfully requires a ton of skill and knowledge, and even then you are not guaranteed success.
Most people are better off focusing on asset-class diversification (i.e. spreading money across many different kinds of asset classes - i.e. physical assets, securities, commodities, cash, etc) than playing just the stock market.
And even when playing the stock market, most people are better off focusing on "time-in-the-market" vs "timing the market".