this post was submitted on 30 Sep 2023
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[EU] Buying company shares at my job - worth it? (discuss.tchncs.de)
submitted 1 year ago* (last edited 1 year ago) by WozenfeldDistrict@discuss.tchncs.de to c/personalfinance@lemmy.ml
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As the title mentions, the company I work at is offering free shares when buying back some of the company's shares, as well as a discount, depending on the amount of shares purchased.

Could any of you advise me if it would be a good idea to start investing into this? If not, could anyone suggest any other investment avenues to a complete n00b like me?

Thanks in advance!

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[–] federalreverse@feddit.de 2 points 1 year ago* (last edited 1 year ago)

Besides the issue of risk, there can be practical issues due to you not being able to choose the service with which to buy shares. At my former employer, people had a lot of issues when trying to sell their shares. The broker service that was used by my employer wasn't particularly quick to react and people often waited weeks or months before their shares were actually sold.