My employer offers a generous employee stock purchase program that at 1 year after purchase, the company provides a 25% match in stock.
So if you bought 1,000 worth on January 15th 2018, we receive another 250 worth on January 15th 2019.
Because I max purchase options, my ownership in my company’s stock builds quickly. It also makes my portfolio very heavy in one company.
If you participate in a similar program, what is your approach to diversification?
For now, I’m selling off shares that are right at 1 year old. My thought process is to limit capital gains as much as possible.
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sell at 1 year allowing shares to be classified as long term vs short term gains
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sell one year old shares as profit is not as great as older shares (stock price has increased very well over past 3 years)
Does this sound like a decent approach?
Submitted June 24, 2018 at 12:10PM by ufgatorbait407 https://ift.tt/2toZZuX
