542thruNthru
Well-Known Member
Yes. The company wanted 2020 be treated as peak if we wanted hazard pay.
No vacations
No 8 hour requests
No 9.5
Ups stock plan.
- Thread starter Jetboat1
- Start date
No vacations
No 8 hour requests
No 9.5
ManInBrown
Well-Known Member
Have fun paying the capital gains when you withdraw. Uncle Sam can’t wait.
rod
Retired 23 years
I don't doubt that there may be a "few" Teamsters who have over $2,000,000 worth of UPS stock but "MANY" --no way. I don't regret selling my 2,000 shares. I bought it for $26 and sold it for a little over $80 just after it had fallen to like $45 a share.
BrownFlush
Woke Racist Reigning Ban King
Our DM was not seen or heard from until the new year in 2000.I overheard a manager bragging on the phone just after it went public.. he didn’t say he just became millionaire it was a multi millionaire.
He went ahead and worked a couple more years to get to 55.
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BrownFlush
Woke Racist Reigning Ban King
Everything changed at UPS after it went public.
Everything.
Everything.
No1 Special
Long time listener, first time caller.
OPL went straight to zero, UPS got into trouble with the government and shut down OPL, it was a subsidiary of UPS to insure packages. You could only buy UPS stock in blocks of 4 and it came with 1 share of OPL. OPL was a huge moneymaker until it was shut down and became worthless.
No1 Special
Long time listener, first time caller.
UPS settles Overseas Partners class action - Business Insurance
NEW YORK--United Parcel Service Inc. has agreed to provide vouchers to its customers to settle a consolidated class action lawsuit that alleged UPS overcharged shippers for excess-value package insurance written by a Bermuda-based company owned by UPS employee-shareholders.
rod
Retired 23 years
We had a driver who bought nothing but OPL stock-----------------lost his ass.
I got my UPS stock at $25 a share when the Thrift Plan ended. My Thrift Plan money was turned into UPS A stock and the rest went into mutual funds. I'm looking at buying some Google or Amazon stock now, they are going to split 20:1 in a few months.
DELACROIX
In the Spirit of Honore' Daumier
You must be expecting to hit the state lottery soon... ain’t nobody got that kind of money except Musk and Putin.
eats packages
Deranged lunatic
All I know is i lost half a paycheck today to the late market swoon.
Just wait until you get some real money into your retirement plan
Losing a half a paycheck is nothing
ManInBrown
Well-Known Member
Does anyone know if it’s possible to abort shares being sold? Im just short of 100 available to sell so I sent in form 2011 yesterday. Being the weekend I can’t call. Does anyone know if I call Monday morning will they allow me to cancel the transaction. I would have to imagine no, once you mail the form in. Am I SOL?
BrownStains
Well-Known Member
Why abort? Sell it off and take your money
ManInBrown
Well-Known Member
No, i changed my mind. I needed the money for something but now I don’t. I would have to guess you can’t once that form is sent in, but I’m hoping I’m wrong.
Poop Head
Judge me.
I had no idea.
brown metal coffin
Well-Known Member
Im a believer in the stock. If anything else why should ups get all of the profits? Its because of us that they have a delivery service and feel that we are well deserving of that profit sharing. They don't produce anything at all but they do provide a service; a service provided by laborers not management or pencil pushers and so every time that stock goes up Im getting my cut also. With a 5% discount (used to be 10%) and a current 3.13% yield in the top shipping logistics company currently in existence. Yes please sign me up!
AKCoverMan
Well-Known Member
Unless today is the day your cashing out your investment you didn’t lose a thing. You still own ate same shares you owned yesterday. Investing is a marathon movie not s single snapshot.
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