Antsmarching.org Forums - Dave Matthews Band Discussion - View Single Post - The Investment Thread (help with savings, stocks, retirement funds, etc.)

UNC41 · 07-18-2013, 01:12 PM

The best savings tool I have is my ESPP. Every six months, we get to purchase company stock at a 15% discount of the stock price of the first day or last day of the period, whichever is low. I put 10% of my post-tax pay into that. When I sell right away it nets me a minimum of a 115% return. I sold the stock from the first half of 2013 earlier today at a 165% return. Not bad for less than seven months.

After selling, I usually split the money between a Roth, mutual funds and student loans. The next year and a half will include wedding fund though.

07-18-2013, 01:12 PM	#13
UNC41 Gimme Dat Join Date: Aug 2003 Location: Minneapolis, MN Posts: 27,808 Shows Seen: 0 DMB Hub Stubs: 2 My Tour Central Stats	Re: The Investment Thread (help with savings, stocks, retirement funds, etc.) The best savings tool I have is my ESPP. Every six months, we get to purchase company stock at a 15% discount of the stock price of the first day or last day of the period, whichever is low. I put 10% of my post-tax pay into that. When I sell right away it nets me a minimum of a 115% return. I sold the stock from the first half of 2013 earlier today at a 165% return. Not bad for less than seven months. After selling, I usually split the money between a Roth, mutual funds and student loans. The next year and a half will include wedding fund though. __________________ Bryan You white, then you Ben Affleck.