Careful With That Company Stock
Although there are some instances when it could pay off, holding too much employer stock is a bad idea, says Morningstar's David Blanchett.
Christine Benz: Hi. I'm Christine Benz for Morningstar.com. Employer stock is a common component of many employee-compensation plans, but holding too much in company stocks isn't often a very good idea. Joining me to discuss the role of company stocks in financial plans is David Blanchett. He is head of retirement research for Morningstar Investment Management.
David, thank you so much for being here.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.