• surewhynotlem@lemmy.world
    link
    fedilink
    English
    arrow-up
    17
    arrow-down
    1
    ·
    9 months ago

    I employee matched for years just to watch our CEO tank our stock to 1/5 the original price.

    Point being, remember it’s still an investment in a single stock and comes with that amount of risk.

    • S_204@lemm.ee
      link
      fedilink
      English
      arrow-up
      9
      arrow-down
      6
      ·
      9 months ago

      Hol up, you left your retirement fund in the hands of your employer? You didn’t diversify and invest in the broader market? Most plans make you hold some for a period of time, every single plan offers a way to get out of being fully invested in one company. That’s insane.