Expat Chat Ep 50 - Australian Expats Who Hold Employee Shares Beware

Welcome to the fiftieth episode of #Expatchat where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we discuss what Australian expats who hold employee shares in the companies that they currently or previously worked for need to be aware of when we're experiencing volatility in the market like we are right now. Generally speaking the majority of employees who work for tech companies receive part of their remuneration by why of RSU, ESOP's, options and share appreciation rights which can be great when the market is running and your specific company share price is growing daily. However over the last couple of months the tech sector has been one of the hardest hit and it has highlighted the risk of concentrating your wealth in one company or sector. In this episode we run through the following topics: • What is vesting? • What are the risks of holding one company in your investment portfolio? • If I want to sell some shares when is a good time? • What is dollar cost averaging? • Why is it important to diversify your portfolio? Links that we discussed in this episode include: • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • The Australian Economy - End of Financial Year Review Webinar & What Lies Ahead... - https://attendee.gotowebinar.com/register/1613784426167213582 • Managing Your Military Super As An Australian Expat Webinar - https://attendee.gotowebinar.com/register/3815572953287096847 If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt