PeakyCoder
PeakyCoder
Amazon

How do you guys manage your RSUs ?

I am not really good with finances, my personal portfolio size is around 15lacs, and other than that my 11 lacs worth of Amazon RSUs are vested.

I have genuine question on how do you guys manage RSUs ? Do you take it out and invest somewhere else or just let it stay there in your company broker account.

Can someone help me in managing it better.

A bit more context about me if that helps:

  • currently working as SDE 2 promoted 2 quarters back only ( before that TC was around 21) and current TC is around 49lacs
5mo ago3.1K views
Micheal_Scott
Micheal_Scott
Grapevine5mo

+1 would love to know from those who can chime in

YesSir
YesSir
Hidden5mo
  1. I don’t sell my RSUs, especially if the stock has been performing well. (Amazon had one of the best quarters earlier in 2024.) unless I need thr money
  2. If the stock has been a laggard for a years, and don’t seem any upside, I typically sell and then invest back in Indian stocks / MFs. I remember a colleague who would sell it the same day it would vest and re invest in TCS or any Indian stock / index fund back in the days
  3. I have a one schwab account, (thanks to my ex employer) so I sold all the RSUs and invested in Amazon, Nvidia and a few solid stocks as per my research. I am happy and wish would had done it earlier because the stock was such a laggard.
MaverickManager
MaverickManager
Stealth5mo

Sell immediately on vesting. Wasn’t doing this till recently - changed approach after a colleague told about it.

Think of it this way - if Amazon gave you the same amount as cash on the day of vesting instead of stocks, would you have chosen to take the cash and spend it all on buying Amazon stock? If not, then why keep it there just because that’s the default choice.

Sell immediately and then invest it in mutual funds or any other assets that you prefer. Diversify.

As you grow up the levels, you’d anyway have a large amount of unvested stock for which you’re taking the risk. Why take more risk for the stocks that are already vested?

DeluluSelulu
DeluluSelulu
Fintech Startup5mo

I am seeing Vested is providing services to take out RSU from your stock broker and invest them in markets. Is something I am meaning to use as my RSU in previous company was with E-trade and this one is with Morgan Stanley. The good thing is that the platform is partnered with both.

Leo007
Leo007
Amazon5mo

+1

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