Do you find yourself, after a few years of working at the same company, the proud owner of a whacking big pile of company stock?
I think I’m still processing the scale and energy of the 2018 Grace Hopper Celebration of Women in Computing. This was my second year attending.
The conference is, obviously, about so much more than how to manage your finances. But it’s the part I care about most, so I viewed most of the conference through that lens. And, as I did last year, I walked away with a better understanding of how women feel about money, what their questions are, and what kind of guidance they want, need, and deserve.
When you get a job offer, or a raise, or a bonus, you’re probably simply told that you’ll be receiving more restricted stock units or more stock options as part of that compensation package. But on occasion folks are given the choice: Do you want RSUs or stock options?
Congratulations! It might seem like all tech companies go IPO, but that’s not true. In going IPO, your company is in rarified company. And now visions of sugarplums, I mean, wealth are dancing in your head.
Whether you’re a confident investor, or you have a bunch of your money hiding out in cash, I think we can pretty much all agree that the stock market is unpredictable.
Historically it has always gone up…eventually, and so it’s reasonable for us to assume it’ll continue in that vein. But we can’t actually know that.
So, how do we protect against the possibility that the stock market will stop working the way it has in the past?
If you’re anything like my husband (smart, tech savvy, but jaded about the financial industry and utterly uninterested in the nuts and bolts of personal finance), Employee Stock Purchase Plans (ESPPs) might strike you as unnecessarily complicated and surely they must be trying to trick you, right?
Some of the problems in the high tech industry are enviable problems to have. To wit: having a lot of company stock because your company made it big.Continue reading
Apple stock fell 14% last month. More importantly, in the last year, Apple’s stock has dropped by over a quarter. I don’t really care why.Continue reading