Thread regarding AT&T layoffs

Get Your 401K Out of T Stock

The 6% 401k match is all T stock. Make sure you check on your 401k because if you're not managing it you're just propping up T stock and missing out on actual stock market gains. Make sure you don't have half of your 401k in T stock and swap out that trash for something that will grow in value. Your future self will thank you!

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Post ID: @OP+1vM6OYpp

8 replies (most recent on top)

Put the money in Dogecoin, the top cryptocurrency. Get rich.

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Post ID: @1wbi+1vM6OYpp

“ True except for recently T has actually performed well …”

I keep seeing this. It’s amazing to me how conditioned so many have become over that last 2 decades to a stock that simply didn’t appreciate. Now, yes, it’s starting to finally tick up some. And you guys are acting like it’s Nvidia or something. Get a grip. The S&P is up 36% over the last year. T is still a dog.

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Post ID: @1pat+1vM6OYpp

Hilariously , the financial management company T contracts with to offer services to manage the 401k for its employees also dumps the T shares in the 401 k.

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Post ID: @1mcc+1vM6OYpp

True except for recently T has actually performed well after more than 10 years of terrible performance.

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Post ID: @1sez+1vM6OYpp

Might want to wait until after the buyback initiative has increased the stock's value.

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Post ID: @1liz+1vM6OYpp

Match stock has been performing petty well lately.

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Post ID: @1mpd+1vM6OYpp

This is good practice wherever you work - you’re already exposed enough to your employer’s performance by working there.

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Post ID: @1rmo+1vM6OYpp

Left in 2023. Rolled my $340k out of T stock the day I received my fat severance.

It has grown to a value of $520K away from T and in other investments that actually grow.

100% get your 401K out of T stock ASAP

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Post ID: @tul+1vM6OYpp

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