I was lucky enough to have sold about $70,000 worth of stock back in December 2021. I only spent about $15,000 total exercising all of my shares. So I figure I'm still winning, even if I sell at this point. My idea is that I could sell the 9,000 shares and hold on to the other 2,000 shares indefinitely until maybe someday the stock price does go back up. Many people get into the short-term rental market thinking it will be analogous to having a rental property. When in fact, as you know, it's far more analogous to the hospitality sector.
#435: Lee is 30 and facing a tech layoff. She can live for a year on her savings. She’s thinking about taking the rest of the year off. How should she prepare her investments?
Stacy wants to buy an Airbnb but she’s scared she’ll regret selling her company stock to do it.
An anonymous caller is tired of living paycheck-to-paycheck as a freelance artist. How can she stabilize an inconsistent income?
Danelle is a DIY investor. She can’t find a financial advisor who gives advice without insisting on managing her investments. Is she looking in the wrong places?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode435
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