LowHassleMS
Level 2 Member
Pardon my ignorance, I'm really new to this and don't wish to be spoon fed but would appreciate if you can show where the drawer with spoons is.
i used to work at a startup in 2010, received some stocks (vested) and bought them around $1300 when I left. This startup got acquired by a public company in 2013 and I received around $40k worth of the acquiring company's stock.
I'd like to cash it out in a cost effective manner so that I can use this money as a down payment towards a house. I'm planning to go to a CPA but want to well informed. Any suggestions you can make?
I can probably open a brokerage a/c with fidelity and get a decent chunk of miles or cash. Any other worthwhile ways of making the best out of this situation?
Thanks
i used to work at a startup in 2010, received some stocks (vested) and bought them around $1300 when I left. This startup got acquired by a public company in 2013 and I received around $40k worth of the acquiring company's stock.
I'd like to cash it out in a cost effective manner so that I can use this money as a down payment towards a house. I'm planning to go to a CPA but want to well informed. Any suggestions you can make?
I can probably open a brokerage a/c with fidelity and get a decent chunk of miles or cash. Any other worthwhile ways of making the best out of this situation?
Thanks