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Author: Gingko100 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308684  
Subject: Re: Balancing debt vs Investing Date: 12/31/2012 11:52 AM
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On the ESPP - are you holding a significant amount of your employer's stock? If so, you are taking on some significant risk
I strongly repeat this.

I bought and held my company's stock in an ESPP and lost a bunch of money by doing so. I would have been far better buying it and immediately cashing it out for the 15% gain right when it was purchased every six months. Holding it - plus the stock in my 401K, PLUS stock options, put me at huge risk and I lost a ton of money this way.

Diversify, diversify, diversify...
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