20 Ways You’re Throwing Money Away

Forgetting Your Company’s Employee Stock Purchase Plan

Your company’s employee stock purchase plan typically works by payroll deduction, with the company converting the money into shares at up to a 15 percent discount off the market price.

“If you immediately liquidate those shares every time they’re delivered, it’s like getting a guaranteed 15 percent rate of return,” said Dave Yeske, managing director at the wealth management firm Yeske Buie.