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| Aug 19, 2023 | » | Employee Stock Purchase Plan (ESPP)
4 min; updated Aug 20, 2023
MSFT offers an ESPP, in which employees can buy MSFT stock at a 10% discount. There is a cap to the number of shares per employee per year in that one can do at most 15% of one’s paycheck. Selling the ESPP stock within the same year seems unwise because of short-term capital gains tax. That said, holding them increases exposure to MSFT (if MSFT does poorly, that affects one’s bonuses, and sometimes livelihood).... |
| Jun 3, 2020 | » | 12. A Fitness Manual for Random Walkers and Other Investors
9 min; updated Aug 19, 2023
Exercise 1: Have a regular savings program. Start investing early because compound interest and time are you greatest resource. When it comes to setting saving accounts' interest rates with regard to the interest rate that banks enjoy from the fed , banks are downwards-flexible and upwards-sticky. Depositors lose the tune of $100b when interest rates are rising. One is better off with special accounts such as Marcus by Goldman Sachs (1.... |