Archived Company Stock
- Thread starter Coqui
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You can buy spot stock outside of spot, I did.
i don't touch my stock, because it's making a lot of $$ for me.
i don't touch my stock, because it's making a lot of $$ for me.
Kartman
MasterBlaster (User has passed away)
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This!
You would have to buy stock through a stock broker such as Charles Schwab, TD Ameritrade, E-Trade, Fidelity, etc. Register an account or contact one of the brokers. You cannot buy stock directly from Target (but I'm not a financial advisor, so I could be wrong).
Some links:
http://guides.wsj.com/personal-finance/investing/how-to-buy-a-stock/
http://www.nbcnews.com/id/16623580/ns/business-answer_desk/t/how-do-you-buy-share-stock/
http://www.thestreet.com/topic/47701/how-to-invest-in-stocks.html
Some links:
http://guides.wsj.com/personal-finance/investing/how-to-buy-a-stock/
http://www.nbcnews.com/id/16623580/ns/business-answer_desk/t/how-do-you-buy-share-stock/
http://www.thestreet.com/topic/47701/how-to-invest-in-stocks.html
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The stupid people managing my 401k almost completely removed Target stock from my portfolio. It's only gone up like 25% since then. 
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If you have the 401k it's easy to buy Target stock. It used to be the default for the company match, but I think now you may have to select it if you want it.
IIRC Target stock is one of the investment choices for your 401k investments other than the match. On targetpayandbenefits.com you can select what percentage of your contribution you want to be in Target stock.
You aren't actually buying Target stock, but a sort of mutual fund that mirrors Target stock. In practical terms it makes no difference. The value of your investment goes up or down, and you get dividends and have voting privileges exactly the same as if you held the actual shares.
In my case I really lucked out. For 8 years my 5% match bought Target stock in the $50 to $70 range, mostly. When I quit I cashed out and rolled over my 401k into an IRA and the Target stock was about $83 a share.
I cannot stress enough how important it is to contribute at least 5% to your 401k! Target's match automatically doubles your money. That's a 100% return on investment, which is impossible to get anywhere else. I realize that voluntarily cutting your income by 5% may be really tough for many TMs, but if you bite the bullet now you will be amazed at how fast your 401k adds up, and that may make your life that much easier in the future.
IIRC Target stock is one of the investment choices for your 401k investments other than the match. On targetpayandbenefits.com you can select what percentage of your contribution you want to be in Target stock.
You aren't actually buying Target stock, but a sort of mutual fund that mirrors Target stock. In practical terms it makes no difference. The value of your investment goes up or down, and you get dividends and have voting privileges exactly the same as if you held the actual shares.
In my case I really lucked out. For 8 years my 5% match bought Target stock in the $50 to $70 range, mostly. When I quit I cashed out and rolled over my 401k into an IRA and the Target stock was about $83 a share.
I cannot stress enough how important it is to contribute at least 5% to your 401k! Target's match automatically doubles your money. That's a 100% return on investment, which is impossible to get anywhere else. I realize that voluntarily cutting your income by 5% may be really tough for many TMs, but if you bite the bullet now you will be amazed at how fast your 401k adds up, and that may make your life that much easier in the future.
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^this! Another reason why not complain about pay.
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I have my Series 7 and worked on wallstreet for a short amount of time before starting at Target last week; with the write off of canadian stores, along with the sale of the pharmacies, the ratios of the company will tremendously improve.
Currently Target was mentioned as the third biggest loser of all fortune 500 companies which naturally puts the stock at a bit of a discount due to the 'Madness of crowds' theory.
Never take a strangers advice on investing(like me)
Although my prediction is we could see the stock drop to 78's in the short term and then next year when target reports impressive earning we will see it hit 90 for sure.
Currently Target was mentioned as the third biggest loser of all fortune 500 companies which naturally puts the stock at a bit of a discount due to the 'Madness of crowds' theory.
Never take a strangers advice on investing(like me)
Although my prediction is we could see the stock drop to 78's in the short term and then next year when target reports impressive earning we will see it hit 90 for sure.
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Yes. You buy and sell via your 401k plan.
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You're wrong.
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When you sell it, do you get a check sent to you or is it put into your 401k?
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You can pick either way, but if you request a check before 59 1/2, you have to pay taxes.
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Oh okay, I just wanted to know if we had that option.
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Where do you go to sell or reinvest money into the stock?
You can change how your money is allocated at any time.The stupid people managing my 401k almost completely removed Target stock from my portfolio. It's only gone up like 25% since then.
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You can call the number on the website, or change it online.
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