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Are car stocks driving you out of the market?

28 messages, Last post on Oct 17, 2008 at 4:12 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: gagrice (Sep 30, 2008 11:43 am) Share holders of preferred stock are supposed to get more protection than holders of common stock. And bondholders are supposed to get the most protection of all. But Wall Street has all kinds of scams to run when the SHTF. I didn't hear the full story on this, just caught a part of it, but some investors in Lehman Bros. who were SUPPOSED to be repaid via liquidation have been cut out of the picture, and have been re-classified as "unsecured creditors." In other words, they're SOL, just like the average stock holder. |
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Blogging ModBob keeps track of car stocks over on Alternate Route. He IM'd me saying that you could buy either a Ford Focus or 6,000 shares of Ford stock today. So the question is - which would be the better investment? Or which "investment" would depreciate faster?
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Replying to: steve_ (Oct 08, 2008 9:41 am) The Focus will depreciate. It is practically guaranteed that it will never reach zero. The car inevitably returns the benefit of its use. The stock might depreciate or it might not, but all recent info indicates down. It might even go up in value. It could very well be worth zero at some point. The is no guaranteed return at all. There is the possibility of a very good return. The car is the "safer" mover. |
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Maybe they could offer you a "stock package" where you purchase a car you can buy stock at a reduced price or get options |
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Replying to: pf_flyer (Oct 08, 2008 10:00 am)
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Replying to: nippononly (Oct 08, 2008 11:24 am)
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Replying to: steve_ (Oct 08, 2008 12:06 pm) Dow down 679 points. What 401K? What the company giveth the Government taketh away.....Welcome to the Brave New World Order. |
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Stock Market Quote of the Day: "This is worse than divorce. I have lost half of my money and still have my wife." |
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Replying to: pf_flyer (Oct 08, 2008 10:00 am) It's happened: GM Texas Dealer: Buy A New Car, Get 50 Shares of Stock (Schwab) |
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