2018 Stock Prediction
- Thread starter dmclone
- Start date
Buddy bought $100,000 at $13.15 awhile back, I like to remind him that it is a long term investment for him so he doesn’t go crazy when the price is in the $11 range.
Buddy works at Seagate and tells me he usually sells his stock after getting it. Hoping he stuck with it the last few times he's gotten it because its gone from $39 to $55 in the last month or 2.
The company I used to work for let you sell the next day. It also had a 18 month look back so of the stock price was $10 at one point and 18 months later is $20 you could buy stock for $8.50 and immediately sell it for $20. If the stock price was down you got locked in at the new price so the only risk was the stock tanking overnight before you could sell.
L
LincolnWay187
Guest
Holy hell, not sure if I feel bad for him or jealous that he has enough cash to throw into such a gamble of a stock
Be in your 30s making $140k a year, drive a car from the late 90s, live in a condo with a mortgage of $300 a month and buy your work cloths from Goodwill and you are there. Also no girlfriends or kids.
I don't know how others work but here is is a summary of mine.
You either put a percentage of your paycheck or a lump sum by a certain date before the start of the quarter. Then you get a 15% discount on the stock based on the first or last business day of the quarter. So the minimum gain you'll get is 15% but sometimes more based on how it did in the quarter. It usually takes a couple of weeks to show up in the account and at that point you can immediately sell it. Some people do this but I'd say the majority hold it for awhile. If you don't keep it two years you are also taxed at a higher rate on the gains.
I don't use it as anything like an emergency fund or retirement savings. I'll pull it out when I want to buy something large with cash but it wouldn't be the end of the world if it was all gone tomorrow. Also, the limit is pretty low of how much you can put into stock. Nothing like the 100k someone else mentioned.
Dang that is so biased for the employees it should be illegal. Nothing like selling out your stockholders. Anyone can be an investing genius with hindsight like that allows.
no, i cashed out my Roth and put it all into bitcoin.
no, huge losses on XXII and INO but overall declines in all my ETFs.
Granting options is one thing but allowing these discounts to the stock price purchase is another. The stock option debate has been around for a while. Board's should be a lot more protective of diluting the stock holders but that hasn't been happening for a long time.
No, it was an employee purchase plan not stock options. When the stock was going up for a few years it was a really sweet deal. I agree with Argent that it wasn't great for regular shareholders - but that didn't stop me from maxing out what I could purchase.
@pfgemployee is PFG going to be giving out a bunch of stock to employees as part of a “tax plan bonus” or anything like that you’ve heard of?
So PFG is giving nothing to its employees for having its tax bill slashed by 15%??? Yikes.
the CEO does the hard work of lobbying for tax cuts. the employees don't do that. c'mon, man!
I assume next year when the profits rise because of the lower tax rate, employees will see that in their bonus. This makes a lot more sense to me then giving a bonus now.
