If you have $500k to $1myn Cargill ESOP would you keep it or bail?
5 replies (most recent on top)
Sell. Sell. Sell.
Company is DEAD.
Cargill pretty much the equivalent of peddling buggy whips for your horse & carriage or picks & axes to pan for gold.
Worst performaning asset, shouldve moved it out long ago.
First world problems........
If you accumulated that much I am sorry to tell you that whatever may cost you to bail is peanuts compared to how much you left in the table.
Take the money and run…. Much better returns in the market than in ESOP.
Go back and look at the historical return vs the market. It’s underperformed the market except for the days of Mosaic dynamics which was a long time ago. They are not competitive in the market and earnings will continue to struggle. It’s not just a cost problem. It’s probably a “safe” investment but I would sell it and look for other options