Should I Invest in Company Stocks?
Ramsey Everyday Millionaires
Ramsey Network
4.6 • 3.6K Ratings
🗓️ 8 May 2023
⏱️ 4 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | The episode is sponsored by Smart Vester. |
| 0:07.0 | You're listening to Ramsey everyday millionaires, |
| 0:12.0 | where we talk investing, retirement, building wealth, |
| 0:15.0 | and outrageous generosity. |
| 0:17.0 | Conor's in Cincinnati. |
| 0:19.0 | Hey Conor, welcome to the Ramsey show. |
| 0:21.0 | Hi, how are you? |
| 0:22.0 | Better than I deserve. What's up? |
| 0:24.0 | Great. Yeah, so my wife and I are recently debt-free |
| 0:27.0 | outside of our mortgage. |
| 0:28.0 | Good. |
| 0:29.0 | And my question is, yeah, thank you. |
| 0:31.0 | My question is regarding my company's employee stock purchase plan, |
| 0:34.0 | and whether it be wise to invest in that as part of the 15% that goes into retirement, |
| 0:40.0 | or possibly even like a shorter term around seven to eight years. |
| 0:45.0 | I wouldn't do it. |
| 0:47.0 | I would invest the 15% into mutual funds, |
| 0:51.0 | because single stock and your company stock, |
| 0:54.0 | I don't know what company you work for, |
| 0:56.0 | but it's more risk to put basically all of your eggs in one basket |
| 1:00.0 | as opposed to spreading them around like you would do in mutual funds. |
| 1:03.0 | Yeah, if you're going to buy a company stock or any single stock, |
... |
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