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"...the best investment I ever made was our company's ESPP (Employee Stock Purchase Plan)." This is certainly not true for all companies. I lost over $100K due
by mojomark 10y ago
"...the best investment I ever made was our company's ESPP (Employee Stock Purchase Plan)."
This is certainly not true for all companies. I lost over $100K due to our Employee Stock being driven into the ground over the course of a decade by a CEO and board who had loose ethics and no business running a company.
My advice is, before investing in you're ESPP (or Employee Stock Ownership Plan - ESOP), even if you're surrounded by exceptional talent, take a close look at your corporate leadership before purchasing. If they seem sleezy and disingenuous, they probably are and it may be 10 years before you realize you've been totally screwed.