Hello, this might be a dumb question but I am curious as to know if the funds that are allocated in an employee’s esop account compound as the esop matures the same way that money sitting in a 401k for many years start to compound interest? I hope that I am making sense. I have worked at this company that is employee owned for 15 years and I plan to retire there in another 25 years or so. Thank you in advance.
if I may, I only have only one more question. Do most people diversify when they are 55 and over and have been working at the esop company for over 10 years? I mean if the company has done so well for all of the years that They have been there would it be foolish not to diversify? I would hate to miss out on a much larger return by diversifying but I also realize that any company can go bankrupt and lose everything. Just wondering if there are people that ride the esop 100% until retirement.
