ESPP?

[cookies]

Would you invest in your Employee Stock Purchase Plan (at a 15% discount) if you were required to hold onto the stocks for a year?

If there were no holding period, it would be a no brainer. However, all of our savings over the next two years is ear marked for our house down payment fund, so I'm a little hesitant to invest that money in the stock market, even if it's purchased at a discount.

[gt7301b]

Nope, I was in your shoes and I stopped contributing when I had to hold the stock for an extended amount of time.

[cookies]

cool, thanks!

[gt7301b]

I don't actually mind having money in the stock market while saving for a home, but having a large chunk in my employer's stock scared me. Think Enron.

[Pilsy]

For certain stock, I might say you should go for it. But what are the chances you work for one of those companies? Highly unlikely. In your shoes, I'd opt out.

Also, I have to admit I thought the subject was a typo and that this would be about ESP. Wishful thinking?

[dawnyp]

I don't like being told how long to hold onto stock. Buying at a 15% discount is not a bonus if the stock is going down. I typically sell my ESPP the day it hits the account. I have other stock bonuses that I hold onto until I need to sell.

[cookies]

If only I had ESP, then I would know what to do. I'm so bummed we can't sell as soon as we buy!