TL;DR Sell free/discounted single stock immediately and put in high interest savings or leave it in the market?
I participate in an Employee Stock Purchase Plan at work as well as receiving annual stock grants. The ESPP is nice in that you’re purchasing the stock at a 15% discount off the stock price at the beginning of the offering period.
Stock value has doubled since the IPO but I’ve noticed it never really stays above $65 a share for all that long. The stock in question is TMUS.
I am considering selling and moving the money into my 1.3% interest savings account. That way I’m always gaining, just in the form of interest.
I do not have enough of a deposit to go into a money market yet. Is there any reason why I should keep my single stocks in the market?
Submitted March 11, 2018 at 07:03AM by IntoTheMirror http://ift.tt/2FL9bRY
