Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: revbill who wrote (104)	9/26/1997 10:15:00 AM
From: David A. Lethe	of 1094

>lets say you sold your house to bean counter for $25k. two years later you run into bean and he tells you that a major meat packer bought his property to put up a plant. he sold out for $150k. sure you had your capital loss but the bean counter has a $125k gain. ' Actually, I would have sold my house at $50K... When the market price went for $25K, then I would have enough money to buy TWO houses at $25K each!! Then two years later I would sell for 2 x $125K! Giving me a profit of 250K - (100K-50K) = 200K vs 150K - 100K = $50K Furthermore, I would have my $50K to play with for some amount of time while the stock (house) dropped from 50K to 25K. Even If I left that money in the bank, It would still be working for me. Your turn <grin>

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