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<pikajude>
hey guys i have a financial question
<pikajude>
can anyone help me
<pikajude>
hey ELLIOTTCAPITALIST
<pikajude>
ec:
<ljharb>
what's the question
<ljharb>
answer: buy low, sell high
<pikajude>
i looked it up on the internet
<pikajude>
it's for my ESPP
<pikajude>
my parents never told me this stuff
<pikajude>
but i googled it and i think i got good advice
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<pikajude>
i guess i should stop bitching about my parents and just look everything up online
<pikajude>
etrade has a video narrated by a nonthreatening lady about how to trade stocks
<pikajude>
i uh
<pikajude>
feel like i'm in high school
<alexgordon>
lol ljharb
<purr>
lolll
<ljharb>
pikajude: for ESPP: always max it out, always sell 100% of it the instant you get it
<ljharb>
it's free money
<ljharb>
and the only reason to hold it 1 second longer than you have to, is if, in the scenario where you had sold it, you'd have turned around and repurchased the same amount of shares for cash anyways
<pikajude>
okay
<pikajude>
didn't know what it was and was too stressed out to deal with it last year
<pikajude>
so i lost out on that
<ljharb>
no worries, just max it out from now on
<ljharb>
(assuming you can afford the reduced paycheck, ofc)
<ljharb>
same applies to a 401k contribution: always max it out, whether there's matching or not, as long as you can afford the reduced paycheck
<pikajude>
ok
<pikajude>
wow, the rare google being shit
<pikajude>
the old "search term not present in the page we returned"
<pikajude>
thanks google
<pikajude>
just don't give me the goddamn page
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