if you set your pay to automatically buy stocks and the bonus comes in they will use a percent of that to buy stocks, right ? What is the price we would be buying at ? Does it make sense to buy at the current high values ?
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Moreover, you are getting a default 15% return on your investment over a 6 month period. That is hard to beat consistently with any other investment. If you can afford to have your money withheld for 6 months, ESPP is no brainer.
Average ESPP returns for the last few years are closer to 25% as Cisco’s price fluctuates.
So stupid why are you not searching intranet or asking circuit for this info?
There are two periods, Jan to July and July to dec. During those periods your base, not bonus, is held at whatever % you elected.
During those same two periods, you automatically buy CSCO at the lowest price that occurred minus 15%. At the end of the period those shares are accessible to you
Things to not ask in a layoff site.