Wal Mart Stock as an associate?

Question

I am working at WalMart part time while I go back to school for my Bachlors. I decided to take advantage of the stock option they offer for their associates. Does anyone know how this works? I have no clue I started out with 10$ per bi-weekly pay period. I can invest more like 50$ bi-weekly but was afraid to since I know nothing about stocks or how this all works

Answer 1

Basically, everytime you buy a share of stock you are buying a part of ownership in the company.

It's a good idea to invest a little bit in the company you work for, but never under any circumstances (such as after you get your bachelor's), do you want a majority of your assets in the company you work for.  Diversification is big, but when you are just starting out, it's important to do just that.... to get started.

Answer 2

it is a good deal because Wal-mart pays the brokerage fees when you buy and matches 15% of what you put in for your first $1,800.00 a year.  You pay a small fee when you sell and the dividends are reinvested for you.

Answer 3

That's a pretty good idea.  You're basically making automatic investments in a giant company that will always keep growing.  I would increase your investment to abot $23.00 per week.  That's about $100 per month.  It's money that you will never really see, and in the long run, it will pay off.  Ask your management who collects your investments to give you your monthly portfolio report/account summary.