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Comment by jdright | Hacker News Reader

This is the problem, stock from a few years doesn't house my family or feed my kids. Stock to me is almost as fairly tales as it can be, the few times I received stock as part of my salary it basically evaporated. In the real life, to people that need money each month to survive, stock is a bad joke.

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What do you mean? Unless you are living paycheck to paycheck stock is just as real as cash.

Or almost paycheck to paycheck, which is not as uncommon as one may think. And normally stock come with restrictions on when you can liquidate. This is basically money I don't have now and a promise in the future that may very well go wrong.

Normal valley vesting schedule is:

- A grant of a specific number of Restricted Stock Units (RSUs)

- Vesting over 4 years

- You get nothing for 12 months

- On the 12th month you get 25%. You can sell this immediately for cash if you choose

One of the following:

A. Each month you vest 1/36th of the remaining stock

B. Each quarter you vest 1/12th of the remaining stock You can sell this immediately for cash if you choose

Some terrible companies like Amazon have abusive vesting schedules such as 5% the first year, 15% the second year, then 40% the final two years.

My stock vests monthly and I have it set to autosell at vest so I get cold hard cash direct deposited into my account every month.

If you are living "almost" paycheck to paycheck as a engineer with 200k+ total comp you are doing something seriously wrong.

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