As an ex-employee, I have several thousand vested SNAP shares that are not currently doing much for my portfolio (they’re actually dragging it down).
My average share price is $25.95.
Over the last few quarters, the company’s prospects do not seem very favorable and so I’ve begun thinking about selling them and reinvesting into an ETF.
What are your thoughts on this? The shares are basically free, so I’m not at a material lost, and despite the growth aspect of the company (whereby shares could pop/drop any time), I am thinking that maybe reinvestment into a more stable security like an ETF would be better long-term.
[link] [comments] https://www.reddit.com/r/stocks/comments/14f2ew3/should_i_dump_my_vested_shares/
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