The unexpected plunge in the value of BT shares last week – it lost 20.8% in a day on Tuesday following the news of its accountancy problems in Italy – is a reminder not to have too many investment eggs in one basket. Or too much of your money invested in one single company, in other words. Many of those BT shareholders will be employees of the company who bought their shares using company sharesave schemes. More than 1,000 companies offer a Save As You Earn (SAYE) sharesave-type scheme.
