02-23-2021, 01:28 PM
Hi all,
About 90% of my portfolio is actually in my company stock. I've been liquidating about $20k a year of it, but between the stock portion of my bonus and the employee stock purchase plan, it accumulates faster than that. Having most of my eggs in one basket means I have a lot of risk, although today aside it's done well for me. Would you recommend I bite the bullet and sell most of my company stock and take the tax hit, then diversify? Or simply ramp up my annual selling to maybe $50k or even higher until things even out?
About 90% of my portfolio is actually in my company stock. I've been liquidating about $20k a year of it, but between the stock portion of my bonus and the employee stock purchase plan, it accumulates faster than that. Having most of my eggs in one basket means I have a lot of risk, although today aside it's done well for me. Would you recommend I bite the bullet and sell most of my company stock and take the tax hit, then diversify? Or simply ramp up my annual selling to maybe $50k or even higher until things even out?