Best practises to manage incoming cash via ESOPs ?
One of my past companies is expected to go public soon and I'll be receive a bulk of money in esops, what are some of the best practises to be noted to manage the quantum ?
Following.
Quick question: How many years did you work there and are you allowed to hold the vested stocks even after leaving the company?
If you want to save taxes on long-term capital gain, You can buy residential property.
Kendall Everett
Stealth
9 months ago
This is provided you exercised the option by paying for the stock and held it atleast 1 year before the IPO. Otherwise it's short term capital gain.
Yet to exercise, plan is to sell 50% upon IPO and save 50% for long term.
Jordon Lee
Student
9 months ago
Around how much money will you make?
Blair Everett
Student
9 months ago
It goes unsaid, want to know the amount
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If you worked for 6 years then, you vested all your initial stock + refreshers.
Man you won at the startup game
Once ESOPS converted to cash its better to divest. Just buy 50% index, 20% into debt such as FD and 20% to gold. 10% spend it on something youve wanted for a long time. If you’re into investing then can research and do stock investments
