My wife works for Alaska airlines and is offered stock in the company at a 15% discount. She currently does not max out her 401K so my question is this. Is it better to buy stock in the company at a 15% discount or would we be better off just putting that money towards maxing her 401K in a low cost index fund? I don't know if the discount is worth paying the capital gains and having the risk of the stock falling to a level that makes the stock less than the discount. Any information on this would be greatly appreciated.
Thanks,
Dan-
