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I contribute $70 every pay period which Walmart matches 15%, or $10.50. To sell the stock, you are charged $25 plus some change for each share. Then you have to consider taxes. So what is the break even point? I want to come out ahead and not see my money lost to fees and taxes.
Walmart contributes up to $270 per year for Walmart stock purchases by employees. The employee yearly purchase must be $1800 meaning a biweekly pay deduction of $70. So Walmart puts in an additional 15% up to $1800. The stock price is quite high now at $165 which is a dollar less than its year long high and significantly higher than its low of $136.
Is Walmart a buy a current prices and what are thoughts on its prospects going forward?
Is the Associate stock purchase scheme a good deal?