I have alot of unvested RSUs and my reasoning is that if 2008 repeats itself, there is a real chance I may get laid off and lose my RSUs. I donate most of my income and I have very little savings.
To protect myself, when I see sharp dips in the markets like this, I usually buy a put (option) just in case 2008 repeats itself. I bought a put last week for 2k (CMG) and now its worth 18k. If the markets keep falling, I may end up with around 30k, which is enough for me to pay my mortgage for a year and a half.
Maybe someone finds this helpful, maybe not. Be safe, play responsibly.
To protect myself, when I see sharp dips in the markets like this, I usually buy a put (option) just in case 2008 repeats itself. I bought a put last week for 2k (CMG) and now its worth 18k. If the markets keep falling, I may end up with around 30k, which is enough for me to pay my mortgage for a year and a half.
Maybe someone finds this helpful, maybe not. Be safe, play responsibly.