Ever had one of those moments?

VR3
VR3 Posts: 28,608
edited January 2011 in The Clubhouse
My boss recently showed me how the stock market works...

And about 2.5 years ago when I had money (before the house) Ford stock was trading for 1.88!!!

Im just saying I could have well over 100,000 in free money right now but I didnt know how it worked and went on about my business...

*sigh*
- Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
Post edited by VR3 on
· Share on FacebookShare on Twitter

Comments

  • steveinaz
    steveinaz Posts: 19,538
    edited January 2011
    Buddy, if we all had a crystal ball--we'd all be wealthy. The key is, now you know---invest.
    Source: Bluesound Node 2i - Preamp/DAC: Benchmark DAC2 DX - Amp: Parasound Halo A21 - Speakers: MartinLogan Motion 60XTi - Shop Rig: Yamaha A-S501 Integrated - Shop Spkrs: Elac Debut 2.0 B5.2
    · Share on FacebookShare on Twitter
  • VR3
    VR3 Posts: 28,608
    edited January 2011
    Trust me - I am on it.. LOL

    But dammit man!
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • steveinaz
    steveinaz Posts: 19,538
    edited January 2011
    Time is far more important than opportunity.
    Source: Bluesound Node 2i - Preamp/DAC: Benchmark DAC2 DX - Amp: Parasound Halo A21 - Speakers: MartinLogan Motion 60XTi - Shop Rig: Yamaha A-S501 Integrated - Shop Spkrs: Elac Debut 2.0 B5.2
    · Share on FacebookShare on Twitter
  • VR3
    VR3 Posts: 28,608
    edited January 2011
    I know...

    But it is just so funny how one decision can make life so different.

    My house would be paid in full - remodeling would be a piece of cake... I would have virtually NO bills.

    Talk about AWESOME.

    Hell I could have bought a nicer house not needing remodeling - PAID in full still.

    Haha, oh well
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • tonyb
    tonyb Posts: 32,956
    edited January 2011
    You left out Uncle Sams share of the profits. Did they explain capital gains tax to you too ?
    HT SYSTEM-
    Sony 850c 4k
    Pioneer elite vhx 21
    Sony 4k BRP
    SVS SB-2000
    Polk Sig. 20's
    Polk FX500 surrounds

    Cables-
    Acoustic zen Satori speaker cables
    Acoustic zen Matrix 2 IC's
    Wireworld eclipse 7 ic's
    Audio metallurgy ga-o digital cable

    Kitchen

    Sonos zp90
    Grant Fidelity tube dac
    B&k 1420
    lsi 9's
    · Share on FacebookShare on Twitter
  • VR3
    VR3 Posts: 28,608
    edited January 2011
    Yes I understand - I still would have made quite a bit more money outside of my normal paycheck ;)
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • Ron-P
    Ron-P Posts: 8,516
    edited January 2011
    Vr3MxStyler2k3 wrote: »
    Im just saying I could have well over 100,000 in free money right now but I didnt know how it worked and went on about my business...

    *sigh*

    ...or you could have lost all you invested and be in more debt.
    If...
    Ron dislikes a film = go out and buy it.
    Ron loves a film = don't even rent.
    · Share on FacebookShare on Twitter
  • VR3
    VR3 Posts: 28,608
    edited January 2011
    There is that chance --

    But the chances of that based on all that Ford did was very unlikely...
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • WilliamM2
    WilliamM2 Posts: 4,773
    edited January 2011
    Vr3MxStyler2k3 wrote: »
    My boss recently showed me how the stock market works...

    And about 2.5 years ago when I had money (before the house) Ford stock was trading for 1.88!!!

    Im just saying I could have well over 100,000 in free money right now but I didnt know how it worked and went on about my business...

    *sigh*

    Or you could have lost a ton of money. We have quite a bit of Ford stock, maybe some day it will be worth what we paid for it. Or maybe we'll never recover those funds. Luckily other stocks have done much better.

    http://www.bloggingstocks.com/2008/07/30/worst-10-year-performers-ford-flames-out-with-firestone-tire-sc/
    · Share on FacebookShare on Twitter
  • tonyb
    tonyb Posts: 32,956
    edited January 2011
    Trey, there are alot of guys who make a ton of cash in the stock market. They love to brag about how much they made on xyz stock, but never tell you how much they lost on another stock. Truth is, it takes some research, and time, to grow your coin in stocks. It's not a get rich quick scheme, though some will have you believe so.
    HT SYSTEM-
    Sony 850c 4k
    Pioneer elite vhx 21
    Sony 4k BRP
    SVS SB-2000
    Polk Sig. 20's
    Polk FX500 surrounds

    Cables-
    Acoustic zen Satori speaker cables
    Acoustic zen Matrix 2 IC's
    Wireworld eclipse 7 ic's
    Audio metallurgy ga-o digital cable

    Kitchen

    Sonos zp90
    Grant Fidelity tube dac
    B&k 1420
    lsi 9's
    · Share on FacebookShare on Twitter
  • VR3
    VR3 Posts: 28,608
    edited January 2011
    I know that ---

    What I am getting at, back in 08 I literally looked up Ford's stock on google and saw it trading for 1.88...

    At that moment in time I immediately said to myself I should buy some of this.

    Now it sells for alot more and I regret not making that risk.
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • mdaudioguy
    mdaudioguy Posts: 5,165
    edited January 2011
    If we only knew...
    http://articles.latimes.com/2010/apr/30/business/la-fi-apple-stock-20100430
    · Share on FacebookShare on Twitter
  • shack
    shack Posts: 11,154
    edited January 2011
    Back in 07 I bought 2,000 shares of a stock at $10 a share. It closed yesterday at $.98. I still own it. At the same time I bought 2,000 shares of a stock at $4.75. It closed yesterday at $5.10. I still own it as well. I also bought 1,500 shares of a stock at $3. I sold it at $14. It closed at $4.25 yesterday.

    The point? For every stock you could have bought that would have made you rich...there are others that could break you...no matter how much you know. Believe it or not...Ford could have easily gone the way of GM and Chrysler and the stock would have been worthless. It was touch and go...but they were barely able to hang on and survived and the stockholders are now reaping the benefits.
    "Just because you’re offended doesn’t mean you’re right." - Ricky Gervais

    "For those who believe, no proof is necessary. For those who don't believe, no proof is possible." - Stuart Chase

    "Consistency requires you to be as ignorant today as you were a year ago." - Bernard Berenson
    · Share on FacebookShare on Twitter
  • Jstas
    Jstas Posts: 14,809
    edited January 2011
    I told everybody to buy Ford stock and nobody listened to me. I would have loaded up on as much of it as I could at the time but I didn't have any money to do it with.
    Expert Moron Extraordinaire

    You're just jealous 'cause the voices don't talk to you!
    · Share on FacebookShare on Twitter