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Ask Paula: How To Prepare for A Layoff

Afford Anything

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How to Sell Your Shares to Put Down Payment on a Short-Term Rental

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.

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