A “Must Do” If You Hold Company Stock in Your 401(k)

April 30, 2012

The bottom line is employees must love the companies they work for.  It’s not that they wear the company t-shirt and logo hats and drink out of their insulated mugs. That isn’t how I can tell.  It’s in their portfolios.  When they ask me to review their portfolios, the employees who hold company stock tend to go overboard.  I’ve seen 401(k)s with 90% in company stock and many have well over 20%.  When we talk about the risks of having more than 10% of assets in one stock, they smile politely and say, “I know.”  But many don’t do anything about it.  Continue reading “A “Must Do” If You Hold Company Stock in Your 401(k)”