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Old 03-08-2009, 09:44 PM   #9
PQ
Booooosted.
 
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Drives: 2010 Supercharged SS
Join Date: Apr 2008
Location: Mobile, AL
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Quote:
Originally Posted by Mr_Draco View Post
I was thinking about spending a couple hundred on GM stock but if GM goes Chpt. 11 then you lose everything. I'm waiting till the end of the month to see what the feds do first.
That's what everyone else is doing as well.

Quote:
Originally Posted by Iroczlover View Post
thats why we are only looking at $100s Not our lifes savings.

Heck I just spent close to $1000 on my buick so We can do $100 or so.
Makes sense and is much safer.

We had been saving for home repairs but were able to get an insurance benefit so all of a sudden had the money we saved as kind of a bonus. I was going to drop it on Bonnies car but I've been just kind of latting it sit and ignoring it. Scared to add it to our 401k or other savings but what a bundle we could make if it worked out. When it comes to the potential it would be a what can I do for myself thing more than how could I help GM thing. I may save it for down payment on my Camaro but since you brought it up I figured it would be a good time to kinda brainstorm it a little.

the business is still doing very well but it is another aspect for sure. We've actually grown over the last 8 mo. But I don't take anything for granted.
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