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<blockquote data-quote="Overpaid Union Thug" data-source="post: 4577516" data-attributes="member: 198">If you’re looking to have essentially a defacto savings account that pays dividends then the program is great. Other than that most financial advisors don’t recommend buying single stocks.&nbsp;Plus, if you’re invested in the S&amp;P 500 the you’re already investing in UPS (among others) so you’d essentially be “overlapping” investments. How that affects your overall portfolio would depend on how you invest and how much. And how much stock you choose to buy in the program.&nbsp;If you’re planning on spending allot then you might be better off applying that money to your 401K or other existing investments. I actually like the idea of my discounted stock and dividends working as a savings account. Actually better than a savings account because the banks don’t pay <img src="/community/styles/default/xenforo/smilies/group1/censored2.gif"&nbsp; class="smilie" loading="lazy" alt=":censored2:" title="Censored2&nbsp; &nbsp; :censored2:" data-shortname=":censored2:" />.</blockquote>

[QUOTE="Overpaid Union Thug, post: 4577516, member: 198"] If you’re looking to have essentially a defacto savings account that pays dividends then the program is great. Other than that most financial advisors don’t recommend buying single stocks. Plus, if you’re invested in the S&P 500 the you’re already investing in UPS (among others) so you’d essentially be “overlapping” investments. How that affects your overall portfolio would depend on how you invest and how much. And how much stock you choose to buy in the program. If you’re planning on spending allot then you might be better off applying that money to your 401K or other existing investments. I actually like the idea of my discounted stock and dividends working as a savings account. Actually better than a savings account because the banks don’t pay :censored:. [/QUOTE]

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