My employer offers ESPP at a 15% discount. I wanted to sell these proceed and then use part of the earnings to invest in an index fund. I was wondering what anyone else thinks or does in regards to ESPP.
If it were me, I would personally sell them ASAP and throw them in index funds.
Does your employer have a set limit of when you can sell? How confident are you in your company?
There are no limits @Chadmethner. The symbol is CRM and the stock has doubled in value since I joined. Thanks.
I am very confident in the company
I’m guessing Jeremy and the PFC team would say sell it and buy index funds. Since you are confident in your employment another strategy would be buy and hold. I wouldn’t recommend holding if it makes up more than about 10% of your portfolio unless that’s part of your entire portfolio strategy and asset allocation.