UPS stock
- Thread starter vmgr152
- Start date
oldngray
nowhere special
Investing too much where you work is putting too many eggs in the same basket.
There's nothing wrong with putting a few dollars a week every week out of your paycheck and reinvest in the dividends by the time you retire you have a nice little chunk of money
But you've been on her long enough how many people want to cash in a stock because they don't have a emergency fund or extra cash on hand
It's a nice supplement once you get your other things lined up
The market goes up and down, over the long run you make out very good. Just go look at what you would have if you invested 20 years ago in UPS stock. It's a long game...
upschuck
Well-Known Member
I got some in my Roth IRA.
upschuck
Well-Known Member
UPS is a dividend stock.
It didn't pay a big dividend until the last couple of years
I started buying UPS in 2001 I've made out very well. Did you ?
I started buying UPS in 2001 I've made out very well. Did you ?
I had some from when it was private
I did sell it a while back took advantage of a big tax break
How would you like to have had all your money in a Japanese stock market the last two days...
ManInBrown
Well-Known Member
Not a moneymaker and 5% just isn’t worth it. Used to be 10% from what I’ve been told. Then it would be worth it. It’s nice they’ve dropped the needing a certain number of available shares to sell without filling out a million forms. Still not worth it.
There's nothing wrong with buying some shares in the company this long as it's not too big of a position in your portfolio.
You have to quantify many other goals first before you start investing into individual stocks later
Just have an adequate emergency fund and put money into your retirement accounts especially Roth if you can
Then when you have extra money you can buy a little bit of UPS stock
P£INinY0uR***UnionGuy8564
Teamster Scum
I read that the 5% discount is applied to the stock price at the end of each quarter. So I guess they deduct whatever you want from each check and apply it at quarters end. Sounds like a ripoff but I was considering it.
Thebrownblob
Well-Known Member
I never did start buying UPS stock, although there was a time when I would’ve considered it. That is not now. This is nowhere near same company It was just 10 years ago.
It's a good dividend income generator
So many other stocks and they never seem to go up.
Go somebody wants to put 10 or 20 bucks a week every pay and reinvest the dividends over their career.
It'd be a nice way to accumulate a little bit money painlessly.
If it's a good investment or not I can't answer that.
