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In this segment from Brian Preston, The Money Guy, he discusses Employee Stock Purchase Plans (ESPPs) in response to a question from a viewer named Stitcheroo. An ESPP allows employees to purchase company stock at a discount, often up to 15%. The benefits of participating in an ESPP include the potential for financial gain, as employees acquire stock at a lower price. Preston suggests that while participating in an ESPP can be advantageous, it's important to consider what to do with the stock afterward. He emphasizes that holding onto the company stock indefinitely may not be wise and encourages diversifying investments when appropriate.
