Thread: GM's IPO
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Old 11-17-2010, 11:55 AM   #6
DGthe3
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Quote:
Originally Posted by Russell James View Post
Kinda early to say who's lucky.

I wish I would have been lucky enough not to own any old GM shares, which were flushed down the toilet. When someone makes my money vanish, the chance of me investing in them again is zero.
Here is how I look at any investing: you lose the money the instant you buy the stock (or whatever). From that point on, all that you can do is hope it goes up in value instead of down. There is never a gaurentee that it will go up, assuming otherwise is foolish.
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Originally Posted by FbodFather
My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors......
........and HE WOULD KNOW!!!!
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