I'm 27 working for Apple with 75% net worth in Apple stock. The rest of my cash is in my 401k and index funds, is that okay?
Briefly

from 24/7 Wall St.4 months ago
The 27-year-old Apple engineer illustrates the dilemma of investing heavily in one stock, as 70-75% of their net worth is tied up in Apple's performance.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/30/im-27-working-for-apple-with-75-net-worth-in-apple-stock-the-rest-of-my-cash-is-in-my-401k-and-index-funds-is-that-okay/
While Apple stock has performed well, the engineer is aware that relying on one asset, especially when it represents a large percentage of their portfolio, carries significant risk.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/30/im-27-working-for-apple-with-75-net-worth-in-apple-stock-the-rest-of-my-cash-is-in-my-401k-and-index-funds-is-that-okay/
Working at Apple gives the engineer an emotional tie to the stock and an insider's perspective, which can complicate investment decisions.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/30/im-27-working-for-apple-with-75-net-worth-in-apple-stock-the-rest-of-my-cash-is-in-my-401k-and-index-funds-is-that-okay/
The risks of over-concentration in Apple stock include potential job security issues and the financial fallout from a downturn in company performance.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/30/im-27-working-for-apple-with-75-net-worth-in-apple-stock-the-rest-of-my-cash-is-in-my-401k-and-index-funds-is-that-okay/
Read at 24/7 Wall St.
#investment-strategy #stock-market #apple-inc #personal-finance #risk-management
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