Closed Thread Icon

Preserved Topic: Your Money and you. (Page 1 of 1) Pages that link to <a href="https://ozoneasylum.com/backlink?for=16834" title="Pages that link to Preserved Topic: Your Money and you. (Page 1 of 1)" rel="nofollow" >Preserved Topic: Your Money and you. <span class="small">(Page 1 of 1)</span>\

 
NoJive
Maniac (V) Inmate

From: The Land of one Headlight on.
Insane since: May 2001

posted posted 07-26-2002 01:08


If you had bought $1000.00 worth of Nortel stock one

year ago, it would now be worth $49.00.

With Enron, you would have $16.50 of the original $1,000.00.

With Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of beer one year ago, drank all of it, then turned in the cans for the 10 cent deposit, you would have $214.00.

Based on the above, my current investment advice is to drink heavily and recycle.




CPrompt
Maniac (V) Inmate

From: there...no..there.....
Insane since: May 2001

posted posted 07-26-2002 01:22

hehe!!! That's good! I like your thinking!

Later,
C:\


~Binary is best~

Skaarjj
Maniac (V) Mad Scientist

From: :morF
Insane since: May 2000

posted posted 07-26-2002 02:41

If you had bought $1000 of microshaft shares in 1985, they owuld be worth $79,000 today.

dammit!

Koan 63, written on the wall of cell number 250:
Those who Believe
Can
Those who Try
Do
Those who Love
Live

tikigod
Paranoid (IV) Inmate

From: outside Augusta National
Insane since: Nov 2001

posted posted 07-26-2002 02:58

Im going to the liquor store. I gotta start my retirement fund.

Hell, I better drink twice as much ...I might have to put some kids through school.

dmstiner
Bipolar (III) Inmate

From:
Insane since: Mar 2002

posted posted 07-26-2002 03:18

I think $1000 worth of MS would probably be worth considerably more than that considering stock splits.

Inition
Bipolar (III) Inmate

From: Illinois Valley
Insane since: Jan 2002

posted posted 07-26-2002 03:19

yea my mutual funds dropped like 3 grand, and it was only 5 grand altogether to start with that is before all the financial troubles and planes going into buildings....

Skaarjj
Maniac (V) Mad Scientist

From: :morF
Insane since: May 2000

posted posted 07-26-2002 03:52

that's running at 1985's way of doing things though...several million would be more like it, but what's 2 million dollars or so between friends?

dmstiner
Bipolar (III) Inmate

From:
Insane since: Mar 2002

posted posted 07-26-2002 05:00

Well you got me interested Skaarjj so I did a little research. Now if my math is halfway correct if you had purchased $1000 worth of shares at $21 at their IPO you would not have 6857 shares worth approx. $295,000. Not to shabby. But if you had sold your stock around November of 2000 when its price peaked at approx. $120 it would have been worth almost $823,000. Now if you decided to reinvest all of that $823,000 in Microsoft tomarrow you could purchase over 19,000 shares of stock.

Now this is the fun one, I couldn't find what Coca-Cola's IPO was but lets say it was $1 which is reasonable for 1919 I think. If you puchased $1000 worth at $1 each you would now have 4,608,000 shares worth $215,884,000 and thats not including dividend reinvestment which would have puchased thousands more shares.

Ah if only I had a time machine.

Suho1004
Maniac (V) Inmate

From: Seoul, Korea
Insane since: Apr 2002

posted posted 07-26-2002 05:26

In my first year at university my roommate and I drank Mountain Dew and Dr. Pepper like water. We had enough cans to build a wall covering our entire (very large) window--two layers deep (our room was very warm in the winter). At the end of the semester, we turned them all in for the deposit (which was, incidentally, 5 cents--when did it become 10 cents?). And what did we do with our hard-earned money? We bought a six-pack of Dew, a six-pack of Dr. P, and a bag of pretzels--and we began working on next semester's wall.

To this day I am amazed that my body didn't just give up on me.

« BackwardsOnwards »

Show Forum Drop Down Menu