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A comment on Why I don't trade stocks and (probably) neither should you. Parent comment

Re:Why I don't trade stocks and (probably) neither should you by brazzy on Monday December 02, 2013 @03:43AM (#6832539)
> Keeping your company stock for a publicly traded company is silly for both the reason above and for another reason that goes one step beyond it: you didn't even pick it!

That's not quite true: you certainly picked which company to work for, and who'd choose to work for a company they don't believe will be successful?

But greeneggs has it right: you don't want to put yourself into a situation where you lose both your job and your biggest investment tanks.

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Re:Why I don't trade stocks and (probably) neither should you by simonw on Monday December 02, 2013 @09:16AM (#6833726)
There are plenty of reasons to work for a company that you don't personally think will be successful:

1. You believe in their mission (e.g working for a newspaper even though that industry is in real trouble) 2. You have constraints around when and where you can work - limited to a certain town, need part-time work 3. They offer a high salary for your specific skills - sure, they might be out of business in a few years but you can make good money for the moment

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Re:Why I don't trade stocks and (probably) neither should you by venomsnake on Monday December 02, 2013 @05:49AM (#6832953)
>and who'd choose to work for a company they don't believe will be successful?

Majority of yahoo employees since 2004-ish? Or Blackberry after 2009?

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