Broadcom is a chip company just like NVIDIA and AMD!!! Should I give up part of my salary for ESPP base: 135
AVGO is a growth stock with good dividend
Depends on how your espp is structured. If you’re getting the stock at the lowest price in 6 months period, the yes. We need more details to help you choose
The purchase price is 85% of the price at the beginning of the period or purchase date, whichever is lower. The period is 6 months. And we can't sell the shares for 6 months after purchase unless we are no longer employed.
How are you gonna go to the moon with 10% after tax contribution on a 135k base?
Remember that you can't sell the stock you get from ESPP until 6 months after it's issued.
Yeah this is the most important piece that was left out of OP’s request.
It’s doubled in price Y/Y.
Odds are therefore that it will go down. Basic probability
Worth buying whatever amount you’d be okay with losing a little on in the hope you’ll make some money on the sale. With a 6 month lockup after purchase it’s not guaranteed money.
Sorry is this percentage contribution on post tax amount or from the gross base salary ?
10% is calculated pre-tax from gross salary.
Give up some part of your time to enhance your financial culture. I really don't know how clever people can be so fucking stupid ....
Put the 10%
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