Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Thinking of enrolling in UPS stock (DESPP)
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Catatonic" data-source="post: 2234932" data-attributes="member: 7966"><p>You can change your deduction to a very high percent and then back to a lower percent.</p><p>Some months my take home would be less than a $1000.</p><p></p><p>But as you said 5% discount on the last day of the quarter and must be held for 2 years per IRS regulations is not good at all.</p><p>I quit buying via the DESPP once UPS made this change.</p><p>You can do better by buying at lower prices during the quarter<span style="font-size: 12px">.</span></p><p><span style="font-size: 9px"><span style="color: #ffcc99">.</span></span></p><p>This approach is similar to UPS Management MIP which is based on a given date (typically in late October)<span style="font-size: 12px">.</span></p><p>I would track prices and graph them and the stock price always jumped 2 - 3 days right before that date.</p><p></p><p>Honesty is not one of UPS attributes when it comes to distributing funds to their employees.</p><p>And this one was not some individual out in the boonies.</p><p>This was a strategy implemented by Corporate management and approved by the UPS Management Committee and Board.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 2234932, member: 7966"] You can change your deduction to a very high percent and then back to a lower percent. Some months my take home would be less than a $1000. But as you said 5% discount on the last day of the quarter and must be held for 2 years per IRS regulations is not good at all. I quit buying via the DESPP once UPS made this change. You can do better by buying at lower prices during the quarter[SIZE=3].[/SIZE] [SIZE=1][COLOR=#ffcc99].[/COLOR][/SIZE] This approach is similar to UPS Management MIP which is based on a given date (typically in late October)[SIZE=3].[/SIZE] I would track prices and graph them and the stock price always jumped 2 - 3 days right before that date. Honesty is not one of UPS attributes when it comes to distributing funds to their employees. And this one was not some individual out in the boonies. This was a strategy implemented by Corporate management and approved by the UPS Management Committee and Board. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Thinking of enrolling in UPS stock (DESPP)
Top