Thread: Portfolio 101
View Single Post
Old 05-27-2004, 06:30 PM   #10
lookout123
changed his status to single
 
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
Quote:
Originally posted by Undertoad
It's the best thing, believe me... they just want to sell their own stock and make the employees personally invested in the company, but you're already invested in the company... you have a JOB there.
some EPP are really good. i know of a few companies that hold your money all year (you determine the amount) while it earns 5%. on a given day they knock 15% of the lowest trading price in the last 2 weeks and you make your buy. you can sell it at any point in time for at least the 15% profit. assuming your company didn't go to shit the day you made your buy/sell orders.
__________________
Getting knocked down is no sin, it's not getting back up that's the sin
lookout123 is offline   Reply With Quote