Intel stock plan has gone straight in the toilet. The last few times it has pumped the week or two leading up to purchase and then tanked before it sells. Opting out of this scam
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@ar same day sell is taxed as income not capital gains.
Garbage company, garbage stock repurchase.
Huh. Funny how that works. Wonder if they’re related.
People won't agree with me, and that's fine.
I used it as a savings plan with decent interest, sold then rolled into an index fund.
Juice is no longer worth the squeeze, especially with what looks to be shenanigans by management.
@c7 30% of what thou ? Probably looking at 5k a year maximum? And that's if you max out and assuming a very good year which intel hasn't seen in a long time. Put that money elsewhere and you can be looking at much more. Low intelligence yourself
show you how low the intelligence is average Intel employee on thelayoff.com. Cant figure out that they can make upto 30% yearly return on their money, sometimes less based on timing and getting lower return and this is guaranteed. Stupid people need to be fired low intelligence is all we have left
Yes keep investing in ESPP and tell Little Tommy this will fund his 5th grade education which wont even be covered. Little Tommy is sc--wed with a papa and mama like the ESPP believers
FYI: selling the espp within 2 years the price difference between what you paid and what the fair market value is during purchase is W2 income
15% less than days market price stock buyback scheme
15% savings account and all the employee su-kers that have been buying in for eons
Opportunity and time cost you much with INTC
Debt LT$50B ST$20B
No dividends or stock splits coming
14FnA Stargate data center or Big Mucho Busto
INTC has no Chief Scientist only Overpaid VP Fellows
No Innovation x86ed with No Capital coming
@at
rather than a CD @4%,
just buy Verizon stock and collect the Dividend @6%
@a3 I dont see anyone getting rich off the espp, so what is your definition of fine? Put that money into a 401k to be “fine”. People supposedly looking to get a little money from the stock purchase program are looking for instant gratification. Anything for a little dopamine hit right?
@ar you pay the same tax rate on a savings account as you do on the espp quick sale fyi…
Only thing upper management knows how to do are 2-bit financial moves and ripping off employees.
Seriously tho, if someone is good with their money and can save it's obviously better to look at a certificate of deposit or even just putting that money into a 401k. The espp people just have problems being responsible. Can't handle not gambling with even the worst stock options.
Didnt even know that quickselling is not instant selling, but a day after - with a 7% drop… this sh-t even legal?
Every one saying it's a 15 percent savings account do not understand capital gains tax. Mo--ns.
Exactly, for supposed advanced degree engineers, they can't figure out the percentage that a 4.25% high interest savings account has greater growth than Intel stock.
Is it really a return though?
Once you do the capital gains tax on short term it’s less than what you make in a 4% savings account🤷🏽♂️
Better off buying bitcoin and eth
The price is down though, 6-7% today
The look back is gone. So it doesnt matter if the price is up or down anymore. As the other post said, as long as between buying and quick selling it doesnt drop 10% you still do fine.
I think of it as a 15% savings account at this point.
@OP I feel you but unless the price goes down over 10% or more between purchase and sale overnight then it’s still a high return on our investment.