• AwkwardLookMonkeyPuppet@lemmy.world
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    10 months ago

    Employee stock purchase plans usually don’t match, they just offer a 10-15% discount. I honestly have no idea what they’re talking about. 401k isn’t held by your employer, and ESPP doesn’t match.

    • surewhynotlem@lemmy.world
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      10 months ago

      My ESPP would match up to ten shares, which is why I thought they meant ESPP. But yeah, I’m confused as well

      • AwkwardLookMonkeyPuppet@lemmy.world
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        10 months ago

        Ten shares per paycheck? Wow, that’s an amazing benefit, assuming you can sell. That is basically doubling your money. The best one I’ve ever had was a 15% discount off the lower price between the start of the quarter and the end of the quarter. If the stock was moving upwards I’d hold it, and if it was moving downwards I’d just sell it immediately for the free 15%.