Wednesday, August 10, 2005

My ESPP Dilemma

I've been working for the company for ~ 8 years and have participated in the employee stock purchase plan since day one. It's been a great deal, the ability to purchase company stock at a discount and the appreciation of the stock. I have not sold any stock in the company. Now it makes up approximately 40% of my total portfolio. I've been able to generate an annual return of ~ 34% by just holding onto the stock. I'm tempted just to lighten up to diversify a bit. It would probably go into an index fund or real estate (if there's a good deal). It's very tempting to just hang on, but we all know what happened to the Enron...


At August 11, 2005, Blogger Money Turtle said...

Thanks... I'm going to sell some this year and probably do next day sale on the remaining purchases.


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