Ups stock

Discussion in 'UPS Retirement Topics' started by tcd man, Mar 24, 2015.

  1. tcd man

    tcd man New Member

    Is buying stock at a discount a good idea or put that extra into 401k? Thanks for any thoughts.

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  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

  3. upschuck

    upschuck Well-Known Member

    Something in a Roth would be best.
  4. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    It's not a bad idea but roth 401k is probably better.
  5. Wally

    Wally Hailing from Parts Unknown.

    Can one buy the discounted stock for a Roth?
  6. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    No. The ups discounted it's own deal. Not in your 401k
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  7. Baba gounj

    Baba gounj pensioner

    If you're young then starting a 401K is a better way than investing in UPS stock .
    Start at a % that you can live without , increasing it at every raise .
    The choice of how to invest is yours .
    In the Teamster/UPS Plan stay away from The Bright Horizon options , their fees are to high .
    Look at every funds fee schedule , they are posted and the idea is to keep your amounts growing .
    Either a traditional 401K ( deferred taxes ) or any Roth Plan ( already taxed ) are both good ideas , having both would be ideal .
  8. Monkey Butt

    Monkey Butt Obscured by Mirrors Staff Member

    You rely on UPS for so much of your savings and retirement plans.
    Diversify in a Roth 401k plan.
    I like dividend based stocks and indexes.
    UPS is a dividend based stock but there are many others that are better.
    Vanguard has one (VHDYX) that works well for me ... low 0.2% fee and little churn.
    Last edited: Mar 31, 2015
  9. oldngray

    oldngray nowhere special

    Vanguard has a lot of very good low fee funds. I have money in a couple of them.
  10. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I prefer the Bright Horizon funds as they allow me to "set it and forget it".

    The fees are not that bad.
  11. moreluck

    moreluck golden ticket member

    Some fees are based on how big your account is. Small account, reasonable fees.
    "Set it and forget it" is what the "Madoffs" of the world look for.
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