Antsmarching.org Forums - Dave Matthews Band Discussion - View Single Post - The Investment Thread (help with savings, stocks, retirement funds, etc.)
View Single Post
Old 07-18-2013, 01:28 PM   #19
UNC41
Gimme Dat
 
UNC41's Avatar
 
Join Date: Aug 2003
Location: Minneapolis, MN
Posts: 27,756

Shows Seen: 0

DMB Hub Stubs: 2

My Tour Central Stats

Re: The Investment Thread (help with savings, stocks, retirement funds, etc.)

Quote:
Originally Posted by AJF_41 View Post
what company do you work for?
i think you mean minimum 15% return...not 115% return..
Optum.

And yeah, 15% return. When I sell it's at 115% what I paid.

Quote:
Originally Posted by Rebecca De Mornay View Post
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.
Even taxed as ordinary income, I get a guaranteed six-month return that is much higher than I can get elsewhere.
__________________
Bryan

You white, then you Ben Affleck.
UNC41 is offline   Reply With Quote