I believe you know your company's businesses well enough to adopt such strategies - Investing in business that you know. Will you invest more into your company stock? Is this a good strategy?
I really doubt it. I didn't own a single unit of my company stock for one simple reason - protecting the down side.
If my company performs well, I will likely to benefit from its good performance by getting better bonuses.
But, what will happen to me if I hold large position of my company stock in my portfolio and the company doesn't perform well?
Its stock price may fall badly and my investment portfolio also get hit. I may face the risk of bonus cut or in the worse case got retrenched. Double whammy, right?
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
10 months ago
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