this post was submitted on 19 Jun 2023
6 points (100.0% liked)

FIRE (Financial Independence Retire Early)

1139 readers
1 users here now

Welcome!

FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


Flow Charts:

Personal Income Spending Flow Chart (US)

Personal Income Spending Flow Chart (Canada)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)


Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


Related Communities:

/c/[email protected]

/c/[email protected]

/c/[email protected]

/c/[email protected]


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] sevan 2 points 1 year ago

I usually sell everything as soon as I can. It was best when I was able to sell immediately; a 15% return on ~1.5 months investment time? I'll take as much as I can and happily pay the tax on it.

Sadly, they now have us locked in to a 1 year minimum holding period, which sucks. I had still been selling everything as soon as I could, but the return is no longer guaranteed because the price can drop in that time.

Our stock dropped a while back to what I consider below market value and so I have been holding while the price has slowly come back up. The good news is that everything I've bought since then has been really cheap, but I'm now holding far more of my company's stock than I would like as a share of my portfolio.

I think we've just recently gotten back to fair value, so I'm starting to think about selling. I've also been selling covered calls along the way, so I have at least gotten a little extra income while holding.