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Time to buy UPS Stock at 10% off via DESPP
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<blockquote data-quote="bears2" data-source="post: 379380" data-attributes="member: 167"><p>if you buy the ups stock via the website/paycheck then you get a 10% discount which is more than the bank pays.I agree you have to have a longterm vision in order to really make it worth your while. The 401k is a joke because it doesnt match plus you have to pay fee's. The financial advisor at the bank told me if they dont match there really not good to get into. He told me ups's 401k is one of the worst but its good for people who cant save on their own. As far as ups stock since it went public...it went public,it did split almost right away an jumped back up to 70ish an hasnt really moved at all since. You have to realize ups has spent a bundle on expansion. They spent over 1 billion on worldport about 6-8 years ago and are in the midst of spending another billion right now expanding worldport further. This past contract in my opinion ups won big time an will save alotta money in the process. Ups has the deal with DHL an with all things being equal i think that it may be 2 years or so but ups stock will start moving when the expansion is done an everything else gets into motion and things pan out like they envision.If nothing else just put your raise in the stock program an let it ride.</p></blockquote><p></p>
[QUOTE="bears2, post: 379380, member: 167"] if you buy the ups stock via the website/paycheck then you get a 10% discount which is more than the bank pays.I agree you have to have a longterm vision in order to really make it worth your while. The 401k is a joke because it doesnt match plus you have to pay fee's. The financial advisor at the bank told me if they dont match there really not good to get into. He told me ups's 401k is one of the worst but its good for people who cant save on their own. As far as ups stock since it went public...it went public,it did split almost right away an jumped back up to 70ish an hasnt really moved at all since. You have to realize ups has spent a bundle on expansion. They spent over 1 billion on worldport about 6-8 years ago and are in the midst of spending another billion right now expanding worldport further. This past contract in my opinion ups won big time an will save alotta money in the process. Ups has the deal with DHL an with all things being equal i think that it may be 2 years or so but ups stock will start moving when the expansion is done an everything else gets into motion and things pan out like they envision.If nothing else just put your raise in the stock program an let it ride. [/QUOTE]
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Time to buy UPS Stock at 10% off via DESPP
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