/biz/ - Business & Finance

>Loblaws
>Employee Share Ownership Plan (ESOP)
>Loblaws matches 25% of your contribution to buying Loblaws stock with your paycheque
i'll be able to make this choice in 6 months, is it really as good as it sounds? In a recession if this shit dumps -50% then getting an instant +25% profit won't matter in the first place

for the record i'm still only using $0 of my TFSA contribution room because i withdrew my cost basis from the bull run
after doing some math with the big boy cheque i got in this new job (fucking taxes/deductions were $1k cad from 2 weeks what the fuck), it'll still take me like 1-2 years to max out of my TFSA regardless of what i do so maybe i may as well try to get a 25% bump on my contribution room with this ESOP stock thing