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#748 - Can You Buy Shares In A Company You Work For?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:03:01
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question, “Can you buy shares in a company that you work for?” Well, the simple answer to this question is yes, you can buy shares in a company that you work for, but you have to check with your compliance department and see how you go about doing that. If the company is publicly traded and if it’s privately traded, how can you possibly invest in the company or buy equity shares in the company from someone else or from sort of pool or fund that they have for employee, stock, purchase plans, etcetera. My suggestion to anybody who would be looking to buy shares in a company that they work for is to really understand the rules and requirements around doing so. In many cases, there’s a long vesting period or there’s different prices at which you could buy. You could buy it at discount which sounds really good unless the company stock continues to fall. But you really want to understand the