So I used to work at Sam's Club and they have an investment plan where you can put money into wal mart stock. I have about $500 in it and it practically never moves more than .3 points at a time and just hovers and never really does anything so should I keep it in there like a savings account or should I just sell it? tx shock

 

walmart is a bad stock. Sell it and buy COST if you want to stay in retail.

 

haha like I said its like a savings account with no apr Might just sell it

 

I am in somewhat of the same situation except I work at Wal-Mart currently (It sounds worse than it is not bad for a college job).

But anyways the .15 to the dollar match and no brokerage fee's is very enticing not shur if I want to continue contributing and then cash out in 1-1.5 years when I finish college or try another course of action.

Just looking for other viewpoints since the subject was brought up.

 

So you get the stock at a 15% and you don't pay brokerage fees for purchases? Seems like a "no brainer." Go for it. Even if the stock doesn't appreciate noticably you've already made 15%, which is more than most investments will return in a year and a half. Further, 15% is a gargantuan return compared to a savings (passbook) account at the corner bank.

Is this an Employee Stock Purchase Program? If so, you will need to hold the stock for 18 months to qualify for the capital gains rate on sale. I would let the volitility risk and tax implications decide whether to sell immediately (and put the money into another security) or to hold for a lengthy period of time.

 

[QUOTE]So you get the stock at a 15% and you don't pay brokerage fees for purchases?

 

It means if you sell it within 18 months of receiving it the 0.15 walmart kicks in and any appreciation you get on the value of the stock (or loss) will be taxed as income. If you hold it for 18 months it will be taxed as a capital gain at 15%.

 

thanks for the clarification