Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I’m currently putting an extra $150 a month toward the principal of my second mortgage. However, I’m starting to wonder if this is the best use of my money. Should I instead use that $150 to up my contributions to my employee stock purchase plan (ESPP), which allows me to buy company stock at a 15% discount at the end of each quarter? I’m already making the maximum contribution to my 401K, so I feel like I’m funding my retirement adequately. Any advice would be greatly appreciated. Thanks!
Print the post  

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement