When it happened, it forced my employer to stop it’s practice of requiring the company match to 401K withholding to be made in company stock.
I changed my allotment to allocate some of my withholding to buy company stock.
Now my old 401K has a pile of that company’s stock, and I have to decide how low before I am forced to sell (it’s not a loss until it’s realized by selling the tanking stock, after all).
That’s part of what got Enron in deep water (plus all the fraud and stuff, of course) – they forced their employees to take stock in lieu of income and retirement savings. Stock that then became worthless when the fraud was discovered.
This cartoon is Lula Approved!
The only acceptable answer is “Never, dear – you look great in Spandex”.
Of course.
But is Spandex comfortable? It seems to me that it wouldn’t be – but I like loose fitting clothing.