When do you sell your company stock?

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I just sold my company stocks yesterday. My company matches 15% for each dollar I contribute up to $1,800 per plan year. I decided to sell them when the price was high, instead of selling when I need the money because the price may be low at the time. I am going to use that money to pay for my student loans which has 6.8% interest.

My profit = the price of share* number of shares – the amount I contributed – commission fees

There are 2 ways to sell my shares: sell as batch order and sell at market price. When the stocks are sold as batch order, the price of share will be the average price of that day. The commission for batch order at my company is $20 + $0.05 per share and for market price is $30 + $0.05 per share. I sold mine as batch order because I did not own a whole bunch of shares.

Company stocks are considered a savings account to many of my co-workers, and they usually sell them when they need the money. I would sell them when the prices are high and put the money to a savings account instead of selling them when I need it. What do you think?

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Christmas gifts on budget

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My Christmas gifts include Bath & Body Work Antibacterial Hand Soaps (Winter collection) and Glade holiday jar candles for 11 people at my pharmacy.

Hand Soaps: I got Black Friday deal: Buy 1 get 1 free + 25% off order. 12 items for $32.97 including shipping fees and taxes.

Glade holiday jar candles: I bought from Target. For every 5 candles you will get $5 Target gift card. $2.50 for each candle, so I got 10 candles from Glade and 1 3×3 pillar candle on clearance for total of $16.65.

Holiday Gift bags: 9 bags for $5 at Walmart (plus 2 bags I bought from Christmas last year for $.50 each)

Total cost: Around $54. Divided by 2 because I have another pharmacist to share cost, so about $27 each. Not bad, right?

Wish you all happy shopping for holiday and don’t forget to give to unfortunate ones. It’s a season of giving!!!

Merry Christmas!!!

From Bellagio, Las Vegas

 

Inflation

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“Americans are getting stronger. Twenty years ago, it took two people to carry ten dollars’ worth of groceries. Today, a five-year-old can do it.” -Henny Youngman

When you think about annual return, don’t forget to adjust with inflation rate measured by the Consumer Price Index. The net worth may not be as promising as you think.

How about TIPS – Treasury Inflation-Protected Securities? They are U.S. government bonds whose values go up when inflation soars. However, don’t forget about tax part. You still have to add theirs values as taxable income unless they are in tax-deferred accounts such as IRA, 401-k, etc. Also, don’t forget about Greece. U.S. is not likely to default, but nothing is impossible. Some of Greek people already starts to trade common goods to each other (exchange fish for vegetables).