Re:Why I don't trade stocks and (probably) neither should you
by icambron on Monday December 02, 2013 @04:18AM
(#6832639)
Depends on what you consider your risk tolerance to be; you could equally say you're doubling down on the success of the company: "when this place takes over the world, it'll help my career and increase my savings". The real problem is considering your employer part of your investment strategy, combined with the craziness of regular people picking stock market winners, per the article and GP's point.
It is actually worse than that. To diversify and reduce your financial risk, your money should be concentrated away from where you work. (Otherwise, for example, if the company goes bankrupt, you lose both your savings and your job!)