In today’s episode of Wealth Bytes, we’re tackling one of the biggest misconceptions among tech professionals: that holding onto company shares is a reliable path to long-term financial security. Mo Shouman breaks down why this approach can be risky, how overconcentration can quietly erode your freedom, and what you can do to turn those shares into real, lasting wealth.
If you're relying on RSUs or stock options to fund your future, this episode will shift your mindset—and give you the blueprint to build wealth with intention and tax efficiency.
What You’ll Learn in This Episode:
- Why your employer’s stock shouldn’t dominate your wealth plan
- How a 40% drop in share value delayed one tech exec’s retirement by 6 years
- The hidden tax traps in RSUs and how to legally reduce them
- Three smart divestment strategies to turn company shares into diversified wealth
- Why loyalty to your employer should not mean loyalty to their stock
- How to use superannuation as a tax-saving vehicle for your equity
- The “two-step diversification rule” Mo uses with every client
- Real-life example: how David, 42, reduced tax and gained peace of mind with a smarter share plan
Key Takeaways & Strategies:
- Familiarity ≠ Safety: Just because you work at a great company doesn’t mean its shares are the safest bet for your future.
- Overconcentration Is Risky: Too much of your wealth tied up in one company exposes you to unnecessary volatility.
- Think Logic, Not Loyalty: Love your job, not your stock. Diversify to protect your financial future.
- Wrap Your Shares Wisely: Use structures like super, trusts, or companies to reduce your tax bill from 47% to as low as 0%.
- The 10% Rule: No single stock should make up more than 10% of your liquid net worth.
- Rebalancing Is Essential: Review your portfolio at least once a year to keep your strategy on track.
- Super Is Underrated: It's the most tax-effective way to grow long-term wealth in Australia—and it’s often overlooked by tech pros.
- Intentional Planning Wins: Stop scrambling at tax time. Build a system that works all year round.
Connect with Mo Shouman:
Connect with me on LinkedIn: Mo Shouman
Email me: mo@mywealthchoice.com.au
Visit My Wealth Choice: www.mywealthchoice.com.au
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Thanks for tuning in! See you in the next episode of Wealth Bytes! Where we will be talking about How to be ready for your next layoff.
Listen, learn, and start making smart financial choices today.
