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UPS Discussions
Should I invest in stock?
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<blockquote data-quote="TechGrrl" data-source="post: 813152" data-attributes="member: 4932"><p>ANY stock that is traded on the market can lose value; the recession took the stock market (AND UPS STOCK) down to about 50% of what it was worth before the market tanked due to Wall Street completely screwing the economy. Right now, the stock market (and UPS) have recovered, but it has been a roller coaster ride. Please go to Motley Fool and begin educating yourself on how the market works.</p><p></p><p>Having said all that, I still believe that UPS is a good long term investment, and it does pay a good dividend. For an investment strategy, you should put as much as you can into your 401K, and whatever you can into the Employee Stock Purchase. You are buying it at a 10% discount, by the way. Reinvest the dividends. Assume a LONG TERM buy and hold strategy.</p><p></p><p>I think there is a minimum you have to purchase, though, and I am not sure if you have enough to make that minimum.</p></blockquote><p></p>
[QUOTE="TechGrrl, post: 813152, member: 4932"] ANY stock that is traded on the market can lose value; the recession took the stock market (AND UPS STOCK) down to about 50% of what it was worth before the market tanked due to Wall Street completely screwing the economy. Right now, the stock market (and UPS) have recovered, but it has been a roller coaster ride. Please go to Motley Fool and begin educating yourself on how the market works. Having said all that, I still believe that UPS is a good long term investment, and it does pay a good dividend. For an investment strategy, you should put as much as you can into your 401K, and whatever you can into the Employee Stock Purchase. You are buying it at a 10% discount, by the way. Reinvest the dividends. Assume a LONG TERM buy and hold strategy. I think there is a minimum you have to purchase, though, and I am not sure if you have enough to make that minimum. [/QUOTE]
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