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Subject:  Re: Beginning Retirement Investing Date:  2/18/2013  6:20 PM
Author:  ptheland Number:  71425 of 88498

One cautionary note. It's often very tempting when you work for a big, solid, stable company to invest heavily in their stock (even in 401K) and to do the ESPP.

The exception I would make is for a stock purchase plan where you get up to a 15% discount on the stock purchase. That's just like the employer matching in a 401k - free money. Take all of it you can.

But don't keep the stock after each purchase. Sell it right away. That takes the risk out of the plan.

Yes, you will lose any tax benefits by doing that. But that's not the point. The point is to make the guaranteed return on your money.

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