If you have a concentrated stock position, and this could be because you inherited it, this could be

because you bought a stock that went up in value quite a bit, or this could be because you're

an executive or you have a role at your company in which a large part of your compensation

comes in the form of stock. But regardless of how you acquired it, if you have a large

concentrated stock position, it can be difficult to divest out of that. So in today's episode, we're going to be talking about what should you do when you have a large concentrated stock position, it can be difficult to divest out of that.

So in today's episode, we're going to be talking about what should you do when you have a large

concentrated stock position from an investment perspective, a tax perspective, and even an

emotional perspective.

This is another episode of Ready for Retirement.

I'm your host, James Cannell, and I'm here to teach you how to get the most of life with your money. And now, on to the episode.

Today, we're going to be talking about stock positions, single stock positions. What should you do with them? Now, real quick, to cut to the chase, if you think my answer is going to be always sell and diversify, that's not true.

There are certainly cases where that shouldn't be or doesn't need to be, at least, the

approach that you take. So make sure that you stay tuned through entire episodes so we can start

to see if you have the stock position, how should you think about this in terms of how this

fits in your overall plan? Today's episode is based on a listener question, and this question comes from Sarah.

Sarah says this. She says, I'm an employee at a large tech company, and I have vested RSUs

over the last four years. Some of my stock is appreciated four times since it was granted.

My non-company stock brokerage account value is around $700,000, and on top of that, my vested company stock, Apple, is worth $250,000 at the moment.

I expect to continue to accumulate more company stock through ESPPs and RSU grants, which are part of stock compensation, by the way, over time.

My gross income is around $325,000, $200,000 of this is salary, and $125,000 of it is annual

RSU stock grants. I would like to take action to diversify this position into other stocks.

The reason I would like to diversify is to reduce my portfolio risk. As I've heard in podcasts before,

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