tag:blogger.com,1999:blog-8967180796412435901.post1676117737462815161..comments2023-08-16T06:10:35.967-05:00Comments on The Financial Engineer: How much Employee Stock is too much?Kristinhttp://www.blogger.com/profile/03051956393849535207noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8967180796412435901.post-50512993101697879522008-04-06T13:57:00.000-05:002008-04-06T13:57:00.000-05:00D4L: That's an interesting problem. New legislati...D4L: That's an interesting problem. New legislation has given employees more leeway to offload company stock, but evidently insiders still have a lot of restrictions.Kristinhttps://www.blogger.com/profile/03051956393849535207noreply@blogger.comtag:blogger.com,1999:blog-8967180796412435901.post-10168253263751312882008-04-05T08:23:00.000-05:002008-04-05T08:23:00.000-05:00Kristin: I have recently came to the conclusion my...Kristin: I have recently came to the conclusion my percentage was way out of line. As an insider, my window to sell is very limited. I once went 2 years with a no-sell restriction due to a deal we were working on. At any rate, I am currently at 40% and working my way down.<BR/><BR/>If you are interested, I blogged about it here as <A HREF="http://dividends4life.blogspot.com/2008/02/my-dirty-little-secret.html" REL="nofollow">"My Dirty Little Secret"</A>.<BR/><BR/>Best Wishes,<BR/>D4LAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8967180796412435901.post-62246542023582465352008-04-04T22:58:00.000-05:002008-04-04T22:58:00.000-05:00@Soulfire: your comment reminded me that so many ...@Soulfire: your comment reminded me that so many people have all of their "nest egg" in their 401(k)s. It's a financial misstep, but very few of my colleagues have any outside investments in taxable accounts.Kristinhttps://www.blogger.com/profile/03051956393849535207noreply@blogger.comtag:blogger.com,1999:blog-8967180796412435901.post-88125431072200953152008-04-04T02:16:00.000-05:002008-04-04T02:16:00.000-05:00I would agree that 10% is a safe reasonable percen...I would agree that 10% is a safe reasonable percentage to have in your own company as long as you use the due diligence that goes with single stock ownership.<BR/><BR/>Bear Stearns is a terrible case in that their stock was over $170 in Jan '07. That's a long way to $2 and I'm sure many employees had a big percentage in their 401K's since they owned 30% of the stock. I feel for those employees who have lost everything.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8967180796412435901.post-6180073616006353712008-04-03T17:52:00.000-05:002008-04-03T17:52:00.000-05:00That's right. Fortunately, I am at the point in my...That's right. Fortunately, I am at the point in my financial life where I do not need to take on as much risk. I can arrange my portfolio to provide a more steady performance, albeit a more boring one!Kristinhttps://www.blogger.com/profile/03051956393849535207noreply@blogger.comtag:blogger.com,1999:blog-8967180796412435901.post-49865380030153302142008-04-03T00:13:00.000-05:002008-04-03T00:13:00.000-05:00asset protection is often the enemy of exceptional...asset protection is often the enemy of exceptional asset appreciation. my first major employer stock appreciated 10x before i sold. my second major employer stock appreciated 10x, too. pure accident, really. accidents happen in both directions. so no, you're not being prudent, but you still might prosper.Anonymousnoreply@blogger.com