How to Invest $1,000 in the Stock Market
This is a discussion on How to Invest $1,000 in the Stock Market within the Off Topic & Humor Discussion forums, part of the The Back Porch category; If I had $1000.00 worth of stock with Enron, I would have $16.50 left of the original $1000.
With WorldCom, I would have less than ...
October 7th, 2008 09:21 AM
How to Invest $1,000 in the Stock Market
If I had $1000.00 worth of stock with Enron, I would have $16.50 left of the original $1000.
With WorldCom, I would have less than $5.00 left.
With Delta Air Lines stock I would only have $49.00 left.
If I had purchased United Airlines, I would have nothing left.
If I had purchased WaMu I would probably owe someone money
But, if I had purchased $1000.00 worth of wine one year ago, drank all the wine, then turned in the bottles for the glass recycling for a refund I would have about $200.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-(V)ino Plan
"Democracy is two wolves and a lamb voting on what to have for lunch; Liberty is a well-armed lamb contesting the vote."
-- Benjamin Franklin
October 7th, 2008 09:59 AM
Oddly enough, I saw a news article yesterday on an investor that bought $100,000 in vintage champagne. He said it would appreciate better than anything on wall street right now.
"Lord, help me to be the person my dog thinks I am."
October 7th, 2008 11:55 AM
There is much truth to what was posted. "Value" of everything we might own or not own is in constant flux, and unpredictable.
Who would have thought, a few years back, that copper would be the "new gold" and that ammo prices would double or triple; making ammo a good investment if you stocked up 5 years ago.
During the past 10 years, the stock market as a whole (the S&P index) has done miserably. It peaked in the late 1990s at around 1550, fell to around 750, peaked again to around 1550, and is now at around 1100 and headed who knows which way, but probably south.
Right now, if you have cash and guts, buying into the market might be a good thing. But buying fun stuff you use and get pleasure from might be the smarter move.
Our economy is at the mercy of outside forces until we develop alternative energy and energy sources for automotive use which are practical. Since we are not dealing with this crisis in an intelligent or aggressive manner, investing in wine at least has its own advantages.
October 7th, 2008 12:46 PM
Then again if you had invested $1000 in Google options in October of the last few years, you would have had $10,000 -$40,000 in November (depending on the year). Of course, this year is going to be a bit different, but seasonality is something to look at.
Last edited by ExactlyMyPoint; October 7th, 2008 at 04:27 PM.
Preparing for the Zombie Apocalypse or Rapture....whichever comes first.
October 7th, 2008 02:52 PM
Gambling, legal or otherwise
It is all a gamble; options, stocks, real-estate, even holding dollars. The dollar value fluctuates against the Euro and other currencies.
Originally Posted by exactlymypoint
Commodities, even gold, price fluctuates. There is a reason there are companies actively advertising on TV trying to sell gold--they don't have much faith in its future and know there is a bubble here.
Oil? Oil futures? A bunch of airlines just lost a bundle by locking themselves into futures contracts for their fuel supplies.
The perpetually unstable value of our currency, and much of everything else around us, makes long term financial planning a fool's game. So, buy that wine, preferably in a designer decanter, and hope that 75 years from now your great grand kid can sell it as an antique on the Antique Road Show. Or, invest in Mustangs like JD does.
October 7th, 2008 03:52 PM
Invest in land, beans and rice.
October 7th, 2008 04:01 PM
If you invest that $1000 in a gun or ammo.........you would have a smile.........and that is priceless
Blessed be the Lord my strength, which teacheth my hands to war, and my fingers to fight.
Senior Instructor for Tactical and Defensive of Texas
October 7th, 2008 07:16 PM
During the last year, I have invested in ammo, thousands of rounds...their value has increased. I expect it could double in the next year or two...not a bad investment...OMO.
The last Blood Moon Tetrad for this millennium starts in April 2014 and ends in September 2015...according to NASA.
Certified Glock Armorer
NRA Life Member
October 8th, 2008 01:07 AM
LOL! I think anything's better than Wall Street right now. Canned goods, bottled water, ammunition, wine, cheese, milk, etc..............
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