Posted by ByteCoder on 08/01/07 17:56

Onideus Mad Hatter wrote:
[...]
>>> I've suddenly found myself working at Wal*Mart full time
>
>> Sounds like a match made in heaven. ;)
>
> Considering they're a multi-billion dollar company with the largest
> number of retail stores in the world...yeah...it's a good match. The
> work I'm doing for them to bring their inventory control to the 21st
> century will make them even stronger...it'll also make me filthy
> stinkin rich since about half my paycheck is put directly into
> Wal*Mart stock. ^_^
[...]

Hey Matthew,

You know I normally don't reply to your posts, so please pay attention
for a minute and completely read my post.

You're making a big mistake if you get half of your paycheck in stock.
There are a couple of reasons for this:
- Don't expect to gain a lot from the stock really quick. Given the
fluctuations in stock value, real profit can only be expected after a
long time. At least ten years. Anything shorter than a couple of years
is just speculation and often not very profitable (luck is a very big
factor in that case).
- The American economy is very much a high conjecture now (grammer?),
but set to decline sharply with the current mortgage crisis. Buying
stock when the price is high is of course not a good idea. If stocks
drop you'll, hopefully, play even in four years.

So, think about it. If you're smart and you can still change the deal,
make sure they pay you in cash, completely.

--
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- ByteCoder -
- "Da Evul Dootchie" -
- Curiosity *skilled* the cat -
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