Re: Employee Stock Purchase Plan?

As others have mentioned, I just sell the stocks as soon at the end of
the period when I get the stocks.  It nets about 10% in profits and I
use it to fund my children college fund and some annual expenses, such
as property taxes, homeowner and car insurance.

The period varies from company to company and in some it may not be
possible to cash them in at the end of the period, but only after a
while.  I wouldn't purchase stocks through such a plan if I couldn't
cash out immediately at the end of the period, because then I'd be
subject to market fluctuations, when the 15% (or about 10% net)
discount could easily vanish; not worth 2% in tax advantages.  If the
period were longer than 6 months I wouldn't either, because then it'd
be just too long a time without liquidity.

HTH

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond.  For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.