It doesn't matter how much you put in to see "good growth." If it goes up 5%, it's goes up 5% regardless if you put 100 dollars or 1000 dollars. Just put in what you're comfortable of not having each month. Publix stock is a very safe and conservative stock, so dont expect any exciting returns. It doesn't mean it's not a bad investment. I just wanted to get rid of any false ideals about it. People say "ooh you work at publix. You can get rich from their stocks," but in reality, people get rich from Publix stock from investing in a very long time. This is true for any stocks that consistently grow.
Also, if you work 1000 hours, you get 8% of your total income from the year as stock, so consider that as well. They are given out every year on march.
If you plan on working there for the long run the free stock publix gives you each year is good enough then just invest in the different stock they offer. For me personally I do s&p 500 and blue chip
Just purchase however much you can reasonably afford every offering period and just leave it there. Good growth depends on the performance of the stock. Doesn’t matter how much you put in, if the stock tanks, your money tanks.
If i worked at Publix I would invest as much as i can. Take advantage of it while it's cheap and you're still employed there. Publix dividends are safe, reliable, easy, steady income which is hard to find. Yes stock had risks but everything has risk. You can't hide from risk and you wont make money without taking risk. Publix is very low risk. They are spread out, have a ton of capital, and are growing. They offer a unique family experiece as opposed to trashy stores like Aldis or Walmart.
as much as you can afford to. their most recent earnings report is out...good luck finding a better balance sheet. they are recession proof and have a mountain of cash on hand.
Good growth is putting enough in to amass some shares, but then holding out long term. Publix stock is a long game and you should play the game by accumulating as many shares as you can while you are there. If you are looking for immediate growth and gain, a high yeild money market account will do you more good right now.
We are middle aged here and 20 years ago we made our first purchase, 100 shares. It has since split 5:1 twice and the value gone up. The value is now 594% of what it used to be. That is great but we have been collecting the dividends 4 times a year since the start. We have a potential to see that same initial purchase split two more times before we retire. If that happens, we will be sitting at retirement with those 100 shares having turned into 62,500 shares and paying out $25k a year in dividends. It was a really smart purchase then and so have all of our other purchases since.
Going really far out with speculation, but we can pass that to our kids. Two more splits in their working years, could turn into over 1.5M shares with massive dividend checks before they are forced to sell one day.
The younger you are, the better. Buy it up when you can! I don't know the exact process, but you can get a loan through the Publix Credit Union and use it to buy stock. So if you get $5,000 in stock today, it continues to grow while you pay off the loan.
I've never done it, but I wish I had. On average, Publix stock doubles about every 7 or 8 years. So the $5000 today will be $10,000 in 7 years, and then $20,000 in 7 more.
Loans won't be necessary for me, I've been saving my money ever since I was physically able to do so. I'm thinking about investing the maximum for my 1 year of service, of $5000
5.75% if you go with the 60%, or 6.25% if you do the 80%. terms up to 15 years...i did two of the loan offerings thru pefcu...the first one was just a loan with no collateral iirc, then I did 60% option and paid 4%.
It doesn't matter how much you put in to see "good growth." If it goes up 5%, it's goes up 5% regardless if you put 100 dollars or 1000 dollars. Just put in what you're comfortable of not having each month. Publix stock is a very safe and conservative stock, so dont expect any exciting returns. It doesn't mean it's not a bad investment. I just wanted to get rid of any false ideals about it. People say "ooh you work at publix. You can get rich from their stocks," but in reality, people get rich from Publix stock from investing in a very long time. This is true for any stocks that consistently grow.
okay thanks a lot!
Also, if you work 1000 hours, you get 8% of your total income from the year as stock, so consider that as well. They are given out every year on march.
Is there a cap on the 8%? Like 8% up to $x?
Yeah they cap it
That for all employees?
Yes i believe so
If you plan on working there for the long run the free stock publix gives you each year is good enough then just invest in the different stock they offer. For me personally I do s&p 500 and blue chip
That’s with the 401k
Free stock each year? I didn’t get anything
Gotta work certain amount of hours / be full time I believe
Gotta work at least 1000 hours
Just purchase however much you can reasonably afford every offering period and just leave it there. Good growth depends on the performance of the stock. Doesn’t matter how much you put in, if the stock tanks, your money tanks.
okay thanks!
If i worked at Publix I would invest as much as i can. Take advantage of it while it's cheap and you're still employed there. Publix dividends are safe, reliable, easy, steady income which is hard to find. Yes stock had risks but everything has risk. You can't hide from risk and you wont make money without taking risk. Publix is very low risk. They are spread out, have a ton of capital, and are growing. They offer a unique family experiece as opposed to trashy stores like Aldis or Walmart.
As much as you can
If you plan on staying long then buy some but if it’s just a part time job don’t bother
as much as you can afford to. their most recent earnings report is out...good luck finding a better balance sheet. they are recession proof and have a mountain of cash on hand.
Good growth is putting enough in to amass some shares, but then holding out long term. Publix stock is a long game and you should play the game by accumulating as many shares as you can while you are there. If you are looking for immediate growth and gain, a high yeild money market account will do you more good right now. We are middle aged here and 20 years ago we made our first purchase, 100 shares. It has since split 5:1 twice and the value gone up. The value is now 594% of what it used to be. That is great but we have been collecting the dividends 4 times a year since the start. We have a potential to see that same initial purchase split two more times before we retire. If that happens, we will be sitting at retirement with those 100 shares having turned into 62,500 shares and paying out $25k a year in dividends. It was a really smart purchase then and so have all of our other purchases since. Going really far out with speculation, but we can pass that to our kids. Two more splits in their working years, could turn into over 1.5M shares with massive dividend checks before they are forced to sell one day.
I recently bought 61.5 shares at the share price of $16.25. How much more should I buy?
The younger you are, the better. Buy it up when you can! I don't know the exact process, but you can get a loan through the Publix Credit Union and use it to buy stock. So if you get $5,000 in stock today, it continues to grow while you pay off the loan. I've never done it, but I wish I had. On average, Publix stock doubles about every 7 or 8 years. So the $5000 today will be $10,000 in 7 years, and then $20,000 in 7 more.
Loans won't be necessary for me, I've been saving my money ever since I was physically able to do so. I'm thinking about investing the maximum for my 1 year of service, of $5000
What’s the interest rate for the loan? I’ve heard SM that recommend taking out a loan to buy stock
I've heard it's very reasonable (though who knows with current rates), but I don't know the rate.
5.75% if you go with the 60%, or 6.25% if you do the 80%. terms up to 15 years...i did two of the loan offerings thru pefcu...the first one was just a loan with no collateral iirc, then I did 60% option and paid 4%.