OT Diatribe- MilesM, where is your brain?
If you can't afford to lose, you shouldn't be here. (Recall you said: << I have about 40,000 in student loans to worry about and cant afford to loose a dime unless I plan to get out of my loans by going bankrupt! >>)
Your education is worth millions of dollars in the long run (it doesn't matter if that's US or Canadian), and that return on your--or your father's--investment is virtually guaranteed. You're willing to blow it all on a long shot that may, if you're very lucky, yield $10K or so. That's crazy!! Young Daniel Miller probably has a few dollars to mess around with, and if he loses it all, well, he still has his bicycle and he'll be no worse off than where he started. The rest of us, if we're sane, have some idea how we're going to pay for our retirement; if we have kids, we've got something set aside for their education. Christ, we've probably even put some cash into CDs, just in case. If there's money left over that we can pretty much afford to throw away, then we might put that into a totally speculative, risk-filled issue like WCTI.
I'm long and hoping for a good return, but you shouldn't be. IMO |
