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Started By
Message
re: Advice wanted on employee stock ownership plan
Posted on 4/9/14 at 11:36 pm to LSUFanHouston
Posted on 4/9/14 at 11:36 pm to LSUFanHouston
quote:
15 percent is a great discount, provided the stock doesn't go down 20 percent in value over the long haul.
15 percent is a great discount, period. You have no way of knowing how it will do after that.
quote:
don't ever do it with retirement dollars (you don't to lose your job and your money if the company has a problem)
That's why I suggest selling every so often the portion that is only subject to LT cap. gains. You don't want to own too much, but you don't want to pay the higher short term rate either.
quote:
research/track it like you would any other stock.
No, just sell it every so often as described above. Individual investors generally have no idea how to do quality equity research and don't have enough money for it to be worth the trouble if they did.
Posted on 4/10/14 at 10:04 am to foshizzle
My wife works for a large O&G company and gets a similar deal, however it also pays nearly a 5% dividend so I've encouraged her to buy as much as possible. I figure that money would just be sitting in a bank anyway collecting dust. I guess eventually we will accumulate enough that we will sell some, but right now why not let that money work?
Does your companies stock pay a dividend?
Does your companies stock pay a dividend?
This post was edited on 4/10/14 at 10:06 am
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