Stock tip

[fastz28]

Don't know how true this is, but it's funny.

If you bought $1000 worth of Nortel stock one year ago, it would now be worth $49.

If you bought $1000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the nickel/aluminum deposit, you would have $79.

It is therefore financially prudent in these troubled times to drink heavily and recycle.

edit format.

 

[hoihtah]

you pay for deposit up front.
so it's not like you're making money.
you're just getting your money back... without any interest.



in that dude's case.. at least he got some back.
49 is still better than 0.

and yes... stocks can hit 0

 

[XZeroII]

yes, you're right. I wish I'd invested in Nortel...

 

[fastz28]

Originally posted by: hoihtah
you pay for deposit up front.
so it's not like you're making money.
you're just getting your money back... without any interest.



in that dude's case.. at least he got some back.
49 is still better than 0.

and yes... stocks can hit 0

True on both the deposit and stock hitting 0.

We don't pay deposit for cans here in TX, but you can sell the alum for like $0.25 per pound.

 

[Spooner]

What about if I bought Enron?

 

[FelixDeCat]

Originally posted by: fastz28

Originally posted by: hoihtah
you pay for deposit up front.
so it's not like you're making money.
you're just getting your money back... without any interest.



in that dude's case.. at least he got some back.
49 is still better than 0.

and yes... stocks can hit 0

True on both the deposit and stock hitting 0.

We don't pay deposit for cans here in TX, but you can sell the alum for like $0.25 per pound.

.25!? Your gettn ripped! DFW area has been .50 for quite some time.

And....I made some quick $ on manh yesterday.