Hi! im 23 years old and have been working at a employee owned environmental consulting company for over a year now. I was just recently asked whether I would like to become a shareholder in the company. Here is the general run down: The minimum investment is $3000 for 40 shares at $78.47 a share, which means that the total to invest would be somewhere around $3100. Based on my memo letter, the company grew in revenue from 39M in 2007 to 48M in 2016. In addition to this, there is also bonus incentives at the end of the year for being a shareholder at the company. One of the option is I can take my bonus in cash or split it percent wise 100%, 75% etc. in cash and reinvest the other portion back into the company.
I am completely new to investing and never really gave it a thought other than saving in my IRA and 401K for retirement. I have more than enough funds to invest triple the minimum but I am just wondering whether this is a good path? Wondering if anyone else has experience in investing in employee owned company.
Thanks!
Submitted October 14, 2017 at 01:39PM by menchies123 http://ift.tt/2kPdfHq
