Sorry that I have been MIA, I have been working 12 hour days and when I get home blogging is the last thing on my mind. Sometimes I really hate being salary, at least when I was hourly I never worked more than 40 hours per week.
Anyway, I have been working toward my goal of paying off my Master Card and I am glad to say I am $170 away from that goal. I also have $450 in my savings.
I have also been reading up on finance, and in the near future I plan to open a Roth IRA. But here is my dilemma.
The good news is - my new company has a 401k. The match up to 1% of my salary 100%. From 2% - 5% they will match $0.50 on the dollar. I will be eligible to join in 11 months.
The bad news is - there are no investment options. They take the money to purchase their own stock. I am told I can sell the stock whenever I want but that is a lot to go through.
The question is, should I sign up for the 401k?
I know free money is great, but only having the stock of one company in my portfolio seems dangerous to me.