Crowdfunding and stock options – not my bag, baby.
Wondering about real estate crowdfunding and stock options? Refocus on the basics and know when to hire the right professional help for best results.
Q: “Thoughts on investing in real estate crowdfunding and if worth doing for diversification in your portfolio?”
I don’t do this and I don’t think it’s worth doing, although of course you are allowed to do whatever you want.
Instead of looking for jazzy new ideas (where we have a hard time measuring the risk and that may not be regulated), what if we were to REALLY commit to doing the boring things that we know work?
If you really want to play, do it AFTER your retirement is secure with EXTRA money, not before your retirement is secure with money you need to use to build your foundation.
In my opinion, if investing is exciting, you are doing it wrong. If you want excitement, go to Six Flags. 🙂
Q: “Can you describe tax risks/benefits of exercising early stock options? How early? Any downside to buying these up steadily as we vest?
No. 🙂
As a financial coach and educator, my focus is on getting folks to pay down debt, build their emergency funds, and to learn about investing (and helping them overcome the mental roadblocks to doing this). I’m neither qualified nor licensed to give investing advice.
I would suggest you check in with HR and see what resources they have available to you (including perhaps a referral to someone who can help).
For tax advice, a CPA is your best bet.
For investment advice, I would suggest working with a financial planner or advisor. Remember that a project-based financial planner is a thing if you want someone to help you with just this question (rather than an ongoing relationship). However, even a project based financial planner will need to gather information about your overall financial situation to give you the proper suggestions, so don’t be surprised if they want a lot of information before answering this question.
To learn more about whether or not I'm the right professional to help you with your money and business goals, schedule a call with me today.
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