Are you making truly passive income? #shorts #shortvideo #short #money #realestate

30 Aug 2024 · 1 min

Watch on YouTube

0:57

A short YouTube conversation (Steve D Valentine and another speaker) about investing via company stock and whether that constitutes truly passive income. They explain a company program where employees can buy stock with a percentage match, purchased shares must remain vested for 12 months, and separate stock awards vest over three years. Steve notes he has about 38,000 shares awarded to date and frames the purchase as money he would have spent anyway, viewing the arrangement as offering upside with limited perceived downside; the speakers acknowledge the risk (stock could go to zero) but accept it.

Questions this video answers

12 months

Three years

Approximately 38,000 shares

August 30, 2024

Chapters

We agree, you know, before our cap to invest 5% of our commission to buy. They're also giving a percentage match.
Towards what we bought.
Now, that stock that you buy only has to stay vested for 12 months. You have access to your money after 12 months if you did the buy because they are doing some matching. So they do require 12 months. Your stock awards that you're getting are.
Awarded that do have to be vested.
Three years. So I'm coming up on my three years. I think to date, I'm at 38,000 shares in the company with what I've been awarded in my stock and my production and the different things. So it's some something that I never would have experienced at my previous brokerage. And a lot of people are like, well, what if it goes to zero? This is my only thing. It's really fun to see all the things that are happening.
Would I be really upset if I.
Went to zero tomorrow?
100%.
Here's what I can tell you, though.
I would get over it.
And I would also know that, you.
Know what, this was the risk that I took.
I was going to pay this money into a company one way or another. In real estate, this one just gave me more upside, never gave me a downside.
So that's the way I looked.
I'm like, there is zero downside to this because I'm going to pay this one way or another.
But I want the upside of if.
It does happen, this is where it's going to go.