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Ask Dave

Part Of Nest Egg in Single Stocks?

Ricky wants to know when to cash in on his investments.

QUESTION: Ricky wants to know when it’s the right time to exercise and cash in incentive stock options.

ANSWER: You should not have more than 10% of your nest egg tied up in these options.  Make sure you have a lot more saved up in your 401-K because these single stocks are risky.  I would cash them all out as they mature and put them into mutual funds.  But if you really want to play with them, don’t put more than 10% of your nest egg into them.  Can you say Enron?

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