Quote:
Originally Posted by Seminole
The dividend you get from the Company Stock is a 6.56% annual return on it's own. Factor in the price increase in the stock and it's probably above whatever car loan interest rate you'll be paying. The downside is how hard is it to sell your Company Stock? Being privately traded means it's a lot harder to sell than a public company.
Like Maestro said, as long as you can find something that pays you more in interest than you're paying on the loan, keep the money.
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Seminole, yes the dividends alone seem to be well worth the investment since 6.56% is likely much higher than any car loan interest. Not to mention the price increase in the stock that has historically gained about $3 each year in the past 15+ years.
Traditionally, my company's Profit Sharing Trust has been an active buyer of company stock when employees want to sell them. I have not heard of any issues with employees selling stocks in a reasonable amount of time but I appreciate you bringing up this point anyway.
Thanks again!