I worked at Andersen during the Enron, Worldcom, etc debacles. It was rough

Jan 13, 2020
9:30:52am

crack All-American

for people who had all their stock in one company (plus all their 401k, etc.) lose everything.

I was young and I think it really scarred me from being over leveraged in one place without keeping a really close eye on it.

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crack

Bio page: crack
Joined: Nov 17, 2005
Last login: Jun 6, 2024
Total posts: 42,557 (120 FO)

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Messages

Author

Time

Money or Stock?

byubryce

1/13/20 9:21am

How much company stock do you already hold?

ebv

1/13/20 9:26am

A bird in the hand...most companies don’t get any payout or

macdizzle

1/13/20 9:29am

Yep. I see this situation all the time.

ebv

1/13/20 9:58am

Great questions

byubryce

1/13/20 12:52pm

I worked at Andersen during the Enron, Worldcom, etc debacles. It was rough

crack

1/13/20 9:30am

Had a friend who kept accepting stock in a startup until they went bankrupt

cougarmeister

1/13/20 9:32am

I would take the sure thing if I were in your place, unless you know there is

Ojiisan

1/13/20 9:32am

Need more info

ReyOso

1/13/20 9:43am

It’s in the 30-40% raise range.

byubryce

1/13/20 12:48pm

I work in a Bay Area tech company and have a decent amount of stock (not a ton)

yerromnitsuj

1/13/20 9:48am

This is a great example.

ebv

1/13/20 10:00am

They already plan on hiring a VP over me

byubryce

1/13/20 12:49pm

1 Thing to Consider: Stock has worked out nicely over the past decade because of

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