However you got it, you’ve got it now. Cash, and a good chunk of it at that. The big question for you now… Where are you going to put it? When you realize the mattress isn’t a good place to stash it, read on for some ideas!
Rortybomb, a blogger and financial engineer from San Francisco posted an interesting spreadsheet based on the stress test results. Hunting through the stress test results, he found a chart on page 6 with ‘Baseline’ and ‘More Advanced’ numbers. Since that’s enough to do a linear extrapolation (of course, with two data points that probably isn’t the most accurate way to do it… see his background post) allowing you to set your own estimate for worst case unemployment numbers. Read on…
Stock Option Grants, Employee Stock Purchase Plans, Restricted Share Grants, 401k Plan Options, Outright Stock Grants, even Index Funds. There are a lot of ways for you to invest in your own company’s stock. However, is that really a good thing?
Take a look at a CNN compiled list of the largest bankruptcies in U.S. history, by assets. Also listed are the assets of Citigroup, Bank or America, AIG and Wells Fargo.
Employee Stock Purchase Plans come in many forms, but many offer a 15% discount on company stock for participants. There are harldy any investments that can match the annualized returns of these plans. Read on for a convincing look at why you should max out your contribution to your plan.