Anyone else kicking themselves for not selling EOY 2024? I invested 6% since working here and lost half. Now with the lesser match w/401k, I plan on pulling the plug once (if it does) hit 400 on ESPP. I can't imagine how people close to retiring feel about this.
I wanted to retire by 55 - and lived like a pauper to invest extra money. Really sad when the CEO's cash out making bank.
3 replies (most recent on top)
The only way you are guaranteed to lose money would be if you sold now. And you couldn’t have been investing in the stock for very long if you are down 50%. Unless you really need the cash from your ESPP now it really doesn’t make sense to sell it at a 50% loss that has largely been based on political climate that could change again after midterms, and a market correction following the COVID bo-m that UHC stock had.
I'm buying! Buy low, sell high
Enron taught me never to invest more than 1 or 2% in company stock. I’m still investing, but this will be the last year. Next year all my contributions will go to 401K.
As for the stock, I have no plans to sell. I’ll hang on to it with the hope that someday competent management will turn this company around.