Boost your investment returns with an ESPP
Participating in your company's ESPP plan offers to boost your retirement savings Very few things in life are certain and investment returns are no exception. Whenever I find an opportunity for practically free returns, I like to jump at the opportunity, whether it�s taking free money from casinos , earning cash back on credit cards , or making use of an ESPP. If you work for a medium to large sized corporation, chances are that your company offers an ESPP, or an Employee Stock Purchase Plan. If you�re not already investing cash into your ESPP, you absolutely should do so right away. For the longest time, I avoided contributing money to my company�s ESPP. I came up with excuses, like: I didn�t want to invest too much in my company. I was already highly dependent on my company for my salary, so I didn�t want to increase my risk more by having much of my investments concentrated in the same company. The primary intent of the ESPP is to encourage employees to own company stock, which ...