I recently came across a tweet about Theodore Johnson's investing journey. Tweet stated that he invested 20-25% of salary into his employer UPS stock every month and retired with $700k worth of investment.
Well, this is yet another investment fairytale just like those messages 'If you had invested 10,000 in XYZ IPO, it would be worth this much crore now.' If you are following Gyaan-bazi accounts on Twitter, you might have seen such fairy tale messages 100s of time. What it miss to tell you is there are lot other companies which failed to give long term returns or many companies don't even exist anymore.
Anyways having significant savings in one company is always risky and that too in same company where you work is much more risky considering what if company faces some issue and you lose your job as well as savings too. Other user pointed out using Enron employees example, how same strategy failed for them.
Solution:
If you think you are good stock picker, go with regular investment in your diversified portfolio of stocks which you think will give good return in future.
OR
Go with mutual funds route to invest your savings regularly (Index funds if you are investment cost conscious).
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