That is the implication yesBy extension, should people who live near BIG_CORP (and hope to buy a house there) but don’t work there take their taxable portfolios and go long on BIG_CORP stock?One area where game theory would apply and cut against standard Boglehead advice is for tech workers compensated heavily in company stock who live in tech heavy areas.
Standard advice is to diversify that stock as soon as they vest.
However when all of your coworkers are holding those RSUs and they skyrocket, you are shut out from buying a home. Better to do what everyone else does, you are all in the same boat that way.
Statistics: Posted by CletusCaddy — Sun Jun 09, 2024 9:45 pm — Replies 28 — Views 1294
