Esop Ii

[UAL_TECH]

In light of our current situation, what would be the reality ‘ESOP II’?
Granted, ‘ESOP I’ did not meet the expectations as was peddled.
However, there were ‘some’ positives amongst the plethora of negatives.
If we were to enter into another ‘ESOP ‘ scenario, what would have to be changed to actually make it work?

All thoughts, ideas, and experiences will be appreciated.

Looking forward to an interesting discussion on this topic.

Thanks for your input!

Take Care,
🙂 UT

 

[Winglet]

It is very unwise to have your income and a large chunk of you savings/retirement tied up to the fortunes of one company. No . . . . actually it's stupid. If it works out, great. If it doesn't, you screwed in a very major way.

With present political leadership in power, in a DB plan, there's not much you can do if the corporate executives decide to squander or steal it. In a B fund, that money should be diversified to minimize risk.

ESOP, no thanks. How many times do they have to screw you before you figure it out?