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DESPP change
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<blockquote data-quote="browniehound" data-source="post: 522008" data-attributes="member: 4653"><p>Ouch, is right Over. You asked for comments so here is mine.</p><p> </p><p>As most of us just experienced, stocks are a very risky investment. It becomes an even greater risk when you depend on the company you're investing in for a paycheck also.</p><p> </p><p>It becomes even more risky when you put many dollars in one company. There are many of us contributing 10% of our pay to the 401K and $50$100 after tax to the stock.</p><p> </p><p>Too much money allocated to UPS stock in my opinion. Even at a 10% discount its too much. Now that they lowered it to 5% and changed the price, forget about it.</p><p> </p><p>I wouldn't touch this with monopoly money. Think about it. The stock hasn't done well since the IPO. With Fed-Ex crawling up our back, I think the best days are behind UPS as far as stock price?</p></blockquote><p></p>
[QUOTE="browniehound, post: 522008, member: 4653"] Ouch, is right Over. You asked for comments so here is mine. As most of us just experienced, stocks are a very risky investment. It becomes an even greater risk when you depend on the company you're investing in for a paycheck also. It becomes even more risky when you put many dollars in one company. There are many of us contributing 10% of our pay to the 401K and $50$100 after tax to the stock. Too much money allocated to UPS stock in my opinion. Even at a 10% discount its too much. Now that they lowered it to 5% and changed the price, forget about it. I wouldn't touch this with monopoly money. Think about it. The stock hasn't done well since the IPO. With Fed-Ex crawling up our back, I think the best days are behind UPS as far as stock price? [/QUOTE]
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