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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 730259" data-attributes="member: 12570"><p>You suggested that a law be put in to place to where you could not own stock in the company for whom you work. I then suggested that perhaps an employee who is also a stockholder is more committed to the success of that company than your average Joe Six Pack.</p><p> </p><p>One of the first rules of investing is not to have all of our eggs in the same basket. A retirement based solely upon the stock of the company you work for is foolhardy--just ask the folks at Enron, Worldcom, etc. </p><p> </p><p>UPS is a safe investment with a predictable return.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 730259, member: 12570"] You suggested that a law be put in to place to where you could not own stock in the company for whom you work. I then suggested that perhaps an employee who is also a stockholder is more committed to the success of that company than your average Joe Six Pack. One of the first rules of investing is not to have all of our eggs in the same basket. A retirement based solely upon the stock of the company you work for is foolhardy--just ask the folks at Enron, Worldcom, etc. UPS is a safe investment with a predictable return. [/QUOTE]
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