TheGreatGazoo: Just ask the former Enron employees.
flaminio: Good advice regardless of the company -- don't put all your eggs in one basket. If the company goes down, you'll likely lose your job and your retirement. Diversify your 401(k), and at least if you get downsized you'll still have a decent chunk o' change.
Muta: All the public companies I worked for matched 401K with company stock. It is not a bad move to transfer company stock to a S&P index fund once vested.
mediablitz: A Fortune 100 company I worked for actively encouraged people to invest their 401k's in the company.
enry: My former and current employer don't have stock, so it's all in diversified funds. Wife has money in her company's stock and I told her to take some of the profits and buy something else.Tho converting to cash and waiting for the upcoming correction sounds like a plan too.
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