omarlittle

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TaRon Francis could be the next Juice with Kiffin’s offense

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Ding! Ding! Ding! This time next year, Taron Frances will be a household name, nationally.

0% chance Kelly isn’t the coach for LSU. Through at minimum 2026. Wouldn’t even let anyone bring up the topic.

Tool.

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and there was a third who was also decent but I can’t recall.

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That’d be Jeremy Lawrence. Criminally underrated.

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th3 mold of madrigal, altuve

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These 2 are polar opposites in terms of 2b. Monster is somewhere in the middle - probably a lean to the Altuve side of the spectrum.

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Roll that ESOP into 401K funds bf you leave then roll that old 401 into your new 401.

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We're not allowed to diversify (in the sense of having access to the balance and moving the funds to other vehicles) until age 55. Employees are not investing out of pocket, the company is providing the asset at no expense. It's an additional retirement account that supplements the 401k. The only way to "diversify" in this sense is to leave the company.

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Long answer, if you’re going to make 70% more with a new job, couldn’t you just continue to purchase your current company’s stock while working for another company? The 70% pay increase has to be more than your gifted shares from the ESOP, right?

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It's not publicly traded, so I don't think I can continue to buy in. Looks like they pay in installments over a 5 year time period, but the payments do not have to start until after 5 years of termination. Haven't talked to anyone's who's left the company to know when it actually starts.

I understand the want to diversify, it's just that that retirement vehicle is growing at a rapid rate. Since covid, it's been around a 10% (of eligible salary) yearly contribution, and the stock price is going up on average around 35% per year. I get that there's no liquidity in it, and I could sure use the increased real-time compensation, I just don't want to miss out on exponential (future) gains. The company is in good standing, so I know it's not reasonable to expect continued returns on that level, I believe it will continue to trend upward.

Currently work for an ESOP company that is very healthy in terms of performance (very low debt and revenue growth year over year). Great company and the ESOP portion of the retirement account is a huge selling point. Current ESOP value is in the $750k range (along with a 401k of around $250k), and the stock valuation has grown exponentially over the last few years (not uncommon to see price per share jump 30% or more year to year, don’t remember the last share reduction). My question is: I’m considering a career change that would increase take home pay in the neighborhood of 70% (with a relatively standard 401k program). But I’m having a hard time gauging whether that outweighs the additional retirement benefit of my current scenario. I understand that that’s a huge investment in the performance of one company, but we are leveraged in a way that it’s hard to imagine us ever going belly-up. Would it be wise to move on and diversify those ESOP payouts into a more broad portfolio? I’m a novice at all of this so any insight is appreciated.

What's with the annoying arse laugh track in the background?

What row?

“Room” as in Qb Room, WR Room, etc.

One moron comes up with this to describe a position group and everyone else copies it ad nauseum.