“Uber's stock is volatile. My Schedule FA situation was more volatile.”
Yes, regularly. Uber's been volatile — there've been windows where it was up 30% and I've taken profits. I don't have strong conviction to hold forever. I sell opportunistically, move to index funds, and don't look back.
Schwab equity plan for the shares. The Schwab interface is fine for US employees but has no India-tax awareness at all. I was exporting statements, looking up SBI TT rates manually, building Schedule FA data from scratch every year. My CA called it "the painful client" because my file always came in late.
My CA told me directly: "Rohan, you need a better system." That was the gentle version. I'd been late on Schedule FA two years running because I couldn't produce the data in time. Rovia connected to my Schwab history, imported all 16 lots, and had the FA data ready. My CA got my file two weeks early for the first time.
Continue the opportunistic sell strategy. I don't want to accumulate Uber beyond a certain point — I work there, I understand the business, and I think it's a good company, but I don't want my financial future tied to one company's stock. The index fund rotation is the plan.
Moderate. I've seen Uber's volatility from inside the company — quarterly earnings, competitive pressure, regulatory changes. That internal view makes you less sentimental about the stock. I want growth but not concentration. Moderate is the right word.