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re: Advice wanted on employee stock ownership plan

Posted on 4/10/14 at 10:04 am to
Posted by TJG210
New Orleans
Member since Aug 2006
28406 posts
Posted on 4/10/14 at 10:04 am to
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?
This post was edited on 4/10/14 at 10:06 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41587 posts
Posted on 4/10/14 at 12:20 pm to
i buy company stock to add to my portfolio through my 401k (no discount), plan on working for a while here and its got a good dividend but should I treat is as a long term play or dump it when it gets high and buy more later?

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