I sold / exercised all available (vested) company stock and options last month. I've since had brief moments of regret, but overall feeling better having taken profits even though stock has gone higher sinceā¦ my decision was partly fueled by a desire to purchase a larger plane for our family, but also feeling like the portion of our wealth tied directly to my employer exceeded my risk tolerance. The reason for the drop in stock, but significant rise in cash, is I have never included stock options in my NW, since these are subject to my employment remaining in good standing (and as such, can vanish with no warning), but I have included restricted / performance stock units in my NW, as they vest. I transferred $60K into mutual funds last month and plan to continue doing so for this month and four more months, unless I happen to stumble on the perfect plane and mutual funds remain in the black. We'll see how volatile things become as we draw nearer to the election. Cash still includes $40K that is earmarked for tithing; we're tentatively planning to use $15K to continue to support Angel Flight missions and are undecided on the other $25K. |