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Thinking of enrolling in UPS stock (DESPP)
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<blockquote data-quote="barnyard" data-source="post: 2232455" data-attributes="member: 13921"><p>I have always felt that the 5% discount made it worthwhile to include as part of a savings plan. UPS does not match any of our savings (we get a pension, so there is that... maybe), so stock is the only thing that we are getting any kind of a company match (in the form of a discount.)</p><p></p><p>I do a 401k deduction (14%, I think), a set amount into a savings account ($200/week, I think) and $40/week for stock. At that amount, the stock purchase is a small part of my savings strategery. I have never sold any of my stock and have not done a drip, I give the dough to my wife and had not thought about selling any of it until this thread. If I sold now, I could pay cash for a used RV that I have been looking at.</p><p></p><p>Hmmmmm.</p></blockquote><p></p>
[QUOTE="barnyard, post: 2232455, member: 13921"] I have always felt that the 5% discount made it worthwhile to include as part of a savings plan. UPS does not match any of our savings (we get a pension, so there is that... maybe), so stock is the only thing that we are getting any kind of a company match (in the form of a discount.) I do a 401k deduction (14%, I think), a set amount into a savings account ($200/week, I think) and $40/week for stock. At that amount, the stock purchase is a small part of my savings strategery. I have never sold any of my stock and have not done a drip, I give the dough to my wife and had not thought about selling any of it until this thread. If I sold now, I could pay cash for a used RV that I have been looking at. Hmmmmm. [/QUOTE]
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