Comments on: Networth Review in July 06

By: Freedumb

Freedumb — Thu, 03 Aug 2006 20:35:02 +0000

Wow, sorry about those company holdings. Jeez, a 55% drop is pretty significant…

I do like that you take into account taxes already…helps create a much more realistic idea of value…

For what its worth, I have stock options that are priced at about 150% of current stock value. So yeah, I might as well put those in the shredder.

By: frugal

frugal — Thu, 03 Aug 2006 20:00:34 +0000

Actually, most of my options are vested. So they are VERY meaningful to me. Yeah, and I lost pretty much everything on my options. Actually, the remaining values are mostly in terms of shares that I have bought through company ESPP programs. Yeah, stupid me that I didn’t sell.

In any case, it is what it is. Earlier in the year, I was simply too busy doing everything else, except taking a close look at my option values.

By the way, all the values that I post on my website have taken taxes into account for “potential” option exercises. The only taxes that I have not accounted for are my capital gain taxes on my stocks, and potential taxes in my 401K account. Although the percentage of those are quite small to my overall networth, they’re growing bigger. At some point, I will probably take a cut and account for the unpaid taxes.

By: John

John — Thu, 03 Aug 2006 19:41:58 +0000

As close as I track my financial situation, I can easily add “net worth” and each time I do, I take it out, because it doesn’t seem to be meaningful to me. Of course you’ve got a web log title to achieve. Unvested options… what can ya do?!

By: Roger

Roger — Thu, 03 Aug 2006 13:36:28 +0000

Yep. Same sad story for me. I work for a huge tech company (No, it\’s not Micrsoft — I wish), and our stock has taken a dump. I feel your pain!