Should I Have Stocks in My Own Company?

stocksDo you often wonder if you should invest more in your own future? For some people, the quickest and easiest way to do so may be to invest in stocks from the company that they work for. But is this really the most convenient route to financial security? Many industry experts have extreme reservations about this practice.

Is it Wise to Invest in Stocks in Your Own Company? 
Experts point out that the main downside to investing in your own company is that you may be tempted to put too many eggs in this one basket. You may end up putting the bulk of your savings into a campaign of wild speculation instead of giving your portfolio the diversity it deserves. As a result, you may be in for a nasty surprise if your company stock suddenly plummets.

You may already be putting too much of your 401K into your own company’s stock. If the public reputation of your company should suddenly go bust, you lose not only your money but also your income.

It is more prudent to invest in a wide variety of stocks, so that if one should suddenly lose its value, you will have others to fall back on. You should also hire an attorney to represent you in case you need to file a claim relating to a stock that is suddenly behaving suspiciously.

Contact a San Francisco CA Business Attorney for More Information 
Attorney James Braden is the San Francisco business attorney you can trust to provide you with reliable aid and counsel in times of financial uncertainty. If you need to file a suit against your employer or a claim to counteract any kind of financial wrongdoing, Attorney James Braden will be in your corner. Get in touch with us today to learn how we can help you get the full settlement you are entitled to.