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Old 05-05-2013, 02:08 PM   #36
oldfriend


 
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Drives: 2010 SS BLK IO interior
Join Date: Dec 2009
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Quote:
Originally Posted by b4z View Post
When I think about all the money I have blown on cars I hate to read stuff like this. My mom bought $5000 worth of Exxon stock in 1978. Iirc it was $3.21 share and 16Xx shares. In 2006, the year before she died she had 9600 shares worth over $800,000. All in 28 years. Crazy stuff, it just kept splitting and she wouldn't sell any because she didn't want to pay the capital gains off the $3.21. Frugality has its rewards.
Can you do the numbers on the , lets say AAPL.
Oh but on the other hand I am sure that someone somewhere lost his shirt , many times over , on the option buying the car or the stock
It can and will go both ways
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