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  LiveWire / Teen Forums / Deep Thoughts & Random Musings / Viewing Topic

Fuck stocks I know what I'm investing in.
Replies: 13 — Last Post Oct. 7 1:32pm by Rollo Tomasi
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( i r sekz )


CounseloЯ
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If you purchased $1000 worth of stocks in the following companies a year ago this is what you would have now:

Delta Air Lines: $49.00
AIG: $33.00
Leman Brothers: $0.00

If you had purchased $1000 worth of beer in aluminum cans and recycled the cans you would have: $214.00

Beer, invest in it.

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Design By Humans  

1:09 pm on Oct. 7, 2008 | Joined Dec. 2003 | 1213 Days Active
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Neilap


Wealthy Hobo
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very true a guy around here invests in only Budweiser stocks... its how he gets most of his income Lol

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1:10 pm on Oct. 7, 2008 | Joined Feb. 2008 | 189 Days Active
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callmeprincess


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ok, u dont hafta tell me twice :)
1:10 pm on Oct. 7, 2008 | Joined Sep. 2008 | 50 Days Active
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Uncontrollable


Quality Control Engineer 		Reply
Don't worry. I already have invested in beer.

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Narfled the Garthok


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I doubled my money with AIG, I bought 1000 shares at $2 a share. Sold it at 5 hahahahaha.
1:11 pm on Oct. 7, 2008 | Joined Sep. 2008 | 58 Days Active
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Live Just To Die


Wealthy Hobo 		Reply
Bazzin' cept I wouldn't... you don't get money for recycling...

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1:11 pm on Oct. 7, 2008 | Joined June 2008 | 83 Days Active
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( i r sekz )


CounseloЯ
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Quote: from Narfled the Garthok at 4:11 pm on Oct. 7, 2008
I doubled my money with AIG, I bought 1000 shares at $2 a share. Sold it at 5 hahahahaha.

Then you have to pay the taxes on that money and you are back down to about $2.00.  Sucker.

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Design By Humans  

1:11 pm on Oct. 7, 2008 | Joined Dec. 2003 | 1213 Days Active
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cuttergirl13


Wealthy Hobo 		Reply
I dont deal with stocks...

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1:13 pm on Oct. 7, 2008 | Joined April 2008 | 173 Days Active
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Just another kid


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Quote: from i r sekz at 9:11 pm on Oct. 7, 2008
Quote: from Narfled the Garthok at 4:11 pm on Oct. 7, 2008
I doubled my money with AIG, I bought 1000 shares at $2 a share. Sold it at 5 hahahahaha.

Then you have to pay the taxes on that money and you are back down to about $2.00. Sucker.

so you're saying capital gains tax in america is 100%?
i think not.

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shadowpool


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Buy put options--lots of put options.  Expensive clothing stores are a good bet for longer term, then there's the banks, and Microsoft and Apple.  We still have a long way to go before we hit the bottom of this.  If there's an upturn tomorrow, it'll probably be a good idea to load up on puts.

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1:20 pm on Oct. 7, 2008 | Joined Nov. 2005 | 744 Days Active
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( i r sekz )


CounseloЯ
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Quote: from Just another kid at 4:18 pm on Oct. 7, 2008
Quote: from i r sekz at 9:11 pm on Oct. 7, 2008
Quote: from Narfled the Garthok at 4:11 pm on Oct. 7, 2008
I doubled my money with AIG, I bought 1000 shares at $2 a share. Sold it at 5 hahahahaha.
 

 Then you have to pay the taxes on that money and you are back down to about $2.00.  Sucker.

so you're saying capital gains tax in america is 100%?
i think not.

Negative, I said about.  You would probably only make a $1-$1.50 of profit per stock depending on when you pulled the money out.  Still money but not much.

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Design By Humans  

1:21 pm on Oct. 7, 2008 | Joined Dec. 2003 | 1213 Days Active
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Narfled the Garthok


Professional 		Reply
Quote: from i r sekz at 1:11 pm on Oct. 7, 2008
Quote: from Narfled the Garthok at 4:11 pm on Oct. 7, 2008
I doubled my money with AIG, I bought 1000 shares at $2 a share. Sold it at 5 hahahahaha.

Then you have to pay the taxes on that money and you are back down to about $2.00.  Sucker.

Your numbers are off, I still profit however. A gain is a gain. Big or small.

1:25 pm on Oct. 7, 2008 | Joined Sep. 2008 | 58 Days Active
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tait


Omnipotent One
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I just bought 10,000 shares of Royal Bank of Scotland. It is going to rise...

on bullbearings of course ;)

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1:25 pm on Oct. 7, 2008 | Joined April 2005 | 889 Days Active
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Rollo Tomasi

Visionary
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i bought 1000 shares in your mum and she's expanding right now

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now i am become rollo, destroyer of threads
1:32 pm on Oct. 7, 2008 | Joined Oct. 2006 | 307 Days Active
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