Understood. Companies like having employees with skin in the game. One place I worked for would fire you if it was discovered you shorted the company stock for instance.Pkg Man wrote: Thanks for the advice. My reasons for holding the stock are that it is expected for management folks to hold a certain amount of company stock, based on your level and salary. I did not purchase the stock, it was given as part of my compensation over the years in annual awards. While technically I am allowed to sell, it can in some cases be a career limiting move. I am hoping for a promotion soon so I don't want to do anything that might lessen that possibility at this time.
Yet, a company can go south for many reasons not related to a specific employee. Yet the employee gets punished by the fall in price and maybe getting laid off at the same time after the fallout.
I'm assuming these are stock options and not actual stock shares. If it's actual exercised shares you could theoretically build a collar to insure against losses if you wanted to take on the added expense. But many company option plans specifically prohibit promising shares in this way so it may not be a real possibility unless you actually do hold shares of stock.
The advice really is if you are running a VP and consider your company stock part of it I would not go out and specifically overweight gold over anything else. I'd just keep funding the PP and if I want to add more to the VP, I'd be more inclined to buy the three other non-stock assets for the allocation. I wouldn't go out specifically looking to boost my stock holdings. You have a lot tied up in stock as it is.It seems your advice is to underweight stocks, but I am thinking that I should keep the PP "pure" and not consider the company stock as a part of that? I guess if nothing else I should reduce my other stock holdings in the VP, which I have already done to some extent, and put that to work in the PP.