With stock value raising by a dollar and pennies, is it good time to sell out our RSU/ESPP accrued stocks? tell me tell me your plans...
18 replies (most recent on top)
Sold 2,000 in the last week.
Doesn’t holding for at least a year reduce your tax burden later? Why sell immediately and pay short term cap gains when long term cap gains are so much lower?
52, hows that sell working out for you, hope you can retire on that 15% you made on espp, some of us rather eat out when we retire than live on soup, let it ride and party with the dividends.
You shouldn't even be asking this question. If you have ESPP or RSUs, sell immediately. You wouldn't buy Cisco if I gave you $50, would you? If you buy Cisco stock with your own money then perhaps save up for an MRI scan.
bank the stock let it ride up..
Tell me, how do you "bank the stock" and "let it ride up" if the damn thing has been stagnant for years? Awful advice!
Good time to sell CSCO stock was in year 2000.
Here’s how to make money with CSCO. Buy as much as you can via ESPP, and then immediately sell it at first chance. Stuff that discount into your pocket.
And that’s all you need to know.
stock will do fine as long as they keep decreasing costs via large layoffs faster than declining sales
Cisco has performed very poorly compared to most larger corporations. Why would you even consider holding it?
Election year, interest rates down usually equities go up including Cisco. Who knows though in 2024?
It’s “stock” not “stocks”.
This isn’t exactly the place I’d turn to for sound investment advice
@oza+1uAy8Qyx Terrible advice right here. You’re concentrating risk in to a single horribly run company that has flat capital appreciation and low dividend growth. If you want a good dividend and growth then look at SCHD. Cisco is still in there too. But you’re diversified.
Only id--ts sell their RSUs , rest and vest baby! if you cant live off your income and dividends then something is really wrong, bank the stock let it ride up , hopefully some more, then use when you retire or more likely your family gets it when you stroke out at your desk working for this slave shop. Win Win
wall street loves layoffs
Sold mine yesterday
You do you, but I always sell as soon as possible. Better to put that money in to a broad market ETF.
I always sell, better returns for less risk.