Comments on: How an Employee Stock Purchase Program (ESPP) Works https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/ Make More. Save More. Live Better. Wed, 21 Jan 2015 08:59:14 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: kay ~ lifestylevoices.com https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20339 Wed, 21 Jan 2015 08:59:14 +0000 http://www.youngadultmoney.com/?p=17824#comment-20339 That is fascinating.  You’re absolutely right.  Not taking advantage of a program like this is definitely not a brilliant move.

]]> By: Project Ikonz https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20286 Mon, 19 Jan 2015 10:05:50 +0000 http://www.youngadultmoney.com/?p=17824#comment-20286 Share/Stock purchase plans are an amazing way to start investing, without trying very hard, mainly because it requires little to no discipline.

I work for a company that has a very small plan capability, but I make sure I make the most of it every year!

The only major downside of ESPPs is that if you’re a novice investor, it might be your only holding in a portfolio, creating some SERIOUS concentration risk in your portfolio.

You also need to be REALLY careful to understand how they are taxed.

]]> By: DC @ Young Adult Money https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20285 Mon, 19 Jan 2015 06:09:38 +0000 http://www.youngadultmoney.com/?p=17824#comment-20285 Mark@BareBudgetGuy Hmmm I’d be really surprised if your company has the option, considering the fact you aren’t sure.  Our company promotes it pretty well (as they should).  It has potential to be a pretty big bonus if the stock performs well (and can be sizable even if it doesn’t perform well).

]]> By: Mark@BareBudgetGuy https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20281 Sat, 17 Jan 2015 12:42:37 +0000 http://www.youngadultmoney.com/?p=17824#comment-20281 Here’s what I’m going to do – go see if we have this option at work (I’ll feel dumb if we do), then come back and read this again in more detail.

]]> By: DC @ Young Adult Money https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20278 Fri, 16 Jan 2015 20:30:50 +0000 http://www.youngadultmoney.com/?p=17824#comment-20278 Financegirl Thanks!  One thing that really disheartens me is when I talk to people at my own company about the plan and they don’t participate.  It truly is a 15% bonus every six months (if not much more!).

]]> By: DC @ Young Adult Money https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20277 Fri, 16 Jan 2015 20:30:02 +0000 http://www.youngadultmoney.com/?p=17824#comment-20277 Eyesonthedollar I actually would be really interested in seeing the details behind the Enron ESPP.  The biggest question I would have is: did the employees have the ability to sell the stock?  Also, I’m curious what % of employee’s assets was actually in stock versus their 401k.  If the employees had the ability to sell their stock and held an enormous % of their income in Enron, it’s hard to say it was entirely Enron’s fault.

]]> By: Financegirl https://www.youngadultmoney.com/how-an-employee-stock-purchase-program-espp-works/#comment-20276 Fri, 16 Jan 2015 19:30:21 +0000 http://www.youngadultmoney.com/?p=17824#comment-20276 Great breakdown! A lot of people don’t know the details of this option. It doesn’t apply to me right now, but I’m going to remember it as a resource if I hear anyone talking about it and needs more info!

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