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Especially after they lay you off to make your measly share price go up a buck. You played yourself.

My employer isn't doing too great, so how about no.

My company lost 30% of their value this week. Lmao 🖕

Nah. Never again. Twice a year purchase ESPP and the data easily shows an internal pump and dump with folks like me holding the bag. My buy immediately halves within the day it hits my account. I'll put it on my Roth instead.

CEOs don't buy their employer's shares, they get paid in shares.

One issue with owning shares from your employer is that you are hit twice when the company is doing badly. Your shares lose value, while you get fired.

I am not in principle opposed to owning some shares from your employer. This way you have some say in how the company develops. But that shouldn't come at the cost of diversification in your investments.