Re: The Investment Thread (help with savings, stocks, retirement funds, etc.)
Quote:
Originally Posted by AJF_41
what company do you work for?
i think you mean minimum 15% return...not 115% return..
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Optum.
And yeah, 15% return. When I sell it's at 115% what I paid.
Quote:
Originally Posted by Rebecca De Mornay
ESPP plans are not as good as advertised... usually.
The 15% discount is taxed as ordinary income and the purchase date for employees usually coincides with the equity bonus dates for the exectuives which often seems to go with a bump in the stock price.
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Even taxed as ordinary income, I get a guaranteed six-month return that is much higher than I can get elsewhere.
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Bryan
You white, then you Ben Affleck.
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