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No, my comp is already tied to the performance of my firm, my investments should diversify this exposure, not compound it.
Never own your company's stock unless they force it on you. Then see the same day that you vest. I have seen retirement funds in 401ks wiped out.
Absolutely
i dont but i would if i made more esp cause i plan on staying here for a long time
GS1 makes sense except it's discounted shares so it's a no brained
I think it's 5% discount
But they give you a 10% discount in the stock of the best bank in the world! I was all for diversifying when I worked at Citi though
Varies by company, JPM is 5%
Enron employees ended up with no job and no retirement. No thanks, not worth a 5% discount to me. I'm not delusional enough to think I have any material impact on GS's stock price.
What if I want to leave the comp next yr and explore opportunities outside? How would this impact it
Doesn't impact it, you just sell it
What if I keep it?
You can just keep it like any other stock, just can't get more at a discount obviously