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My company has an ESPP that I have been enrolled in for several years. Since the stock has suffered a major loss in value along with every other telco/services provider in recent years, this has allowed me to average down quite nicely. The way our plan works the same way as described above, but the purchase price for our plan is 85% of the lowest price at the beginning and end of each 6-month period for the last 2 years. If the current period has a price lower than the previously set price, that will be the new value for the next 2 years.
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I think over again
My small adventures, my fears.
The small ones that seemed so big,
For all the vital things I had to get and to reach.
And yet there is only one great thing, the only thing:
To live to see the great day that dawns,
And the light that fills the world.
-old Inuit song
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