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re: Employee Stock Purchase Plans---anybody have serious gains through this program?
Posted on 3/19/18 at 11:21 am to YoungManOldMan
Posted on 3/19/18 at 11:21 am to YoungManOldMan
This is pretty common in the semiconductor industry.
Companies set a maximum % of your salary you can contribute.
I always take the max contribution and always sell the day I get the stock.
Companies set a maximum % of your salary you can contribute.
I always take the max contribution and always sell the day I get the stock.
0
Posted on 3/19/18 at 11:24 am to LSUDeadboy
True. But lucky for me, my purchase is matched at 50% (up to a max value in terms of % of base salary). There is no holding period.
Now I could just turn around on day 1 and sell and make a 50% return. The gains/losses are minimal. Not ideal for long term investing obviously.
Now I could just turn around on day 1 and sell and make a 50% return. The gains/losses are minimal. Not ideal for long term investing obviously.
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