鲜花( 0) 鸡蛋( 0)
|
原帖由 如花 于 2006-10-23 13:23 发表
5 i$ d2 G, M7 m/ R如果是买了nortel呢?
/ m9 Y! |) P$ X; M, J ^* j7 ^4 a( u
4 S2 g- b `' E1 V$ c! M1 wOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
0 Z7 _4 n* ]4 N5 A4 ~% ^( ?1 x% \; cfor Nortel Networks, where in the summer of
1 \. k0 O- j4 Z0 B. L S2000, there was LOTS of money around for bonuses).
4 _3 `$ N% |6 I" Y K$ F3 O) W5 H- d6 t6 Q6 i8 \! f7 j# w v
Jim, being an intelligent, financially concientious person, put the
8 ^6 N3 y! J4 jwhole $1000 into Nortel Networks stock. With his $1000, and the9 J0 u6 [& }( ]5 e% ^# l+ ?
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ; A* |7 c6 t5 E
Nortel stock climb and climb, he- v" \& a$ T6 [" K z1 `4 X- U
felt very good about this investment, happy that he is preparing for the future.3 ?( I% ~. W a! @
l& D0 n2 V$ ~. {" W0 x$ K. p/ oJohn, being a more care-free sort, did something slightly different 0 J' e5 o5 K- Y: p8 T( q
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 2 U2 d7 p. {+ b9 N; X- b
purchased 33 cases of beer. John also
- z [: e! g+ \6 efelt very good about his investment: 33 cases x 24 = is 792 bottles; a. X& e; Y( q
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, % G2 l' ^. U" t; P. V: Z# A
calculated that he could drink about 15 $ z6 P5 k7 j0 u3 I* b
bottles per week, and he wouldn't have to buy beer for a whole/ O! a' [$ O$ [0 P9 m4 m4 ~
year.
/ d4 a/ Y3 x' s) K: a q' I3 S" w l
+ h( P% V0 O& OJim, of course, was appalled by John's purchase, and berated him+ Y3 M6 q8 ^+ I$ y
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to : z5 t" `* H! V% P& h, |0 I3 m
dwindle. "It'll go back up", he'd say to John.1 `4 K8 \3 x4 _% n) l0 X2 {7 I
% J: W# o7 O, c: q& `9 Y6 Y
John, who has been reaping the benefits of his investment on a daily. i4 u" D+ I3 f
basis, would reply, "Ya, it will. Hang in there buddy".1 _4 W' Q0 o* J- a6 W
" d* y$ u0 [% v1 x' V aMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
% U' Z' n/ M2 ?, x7 a: S' a: G# s: g8 ?noticeable dent in the beer pile.! e; U- _( p L# s# o$ Y1 H# j O
: z! t. R4 C1 [, {; K2 ~% F: J8 r5 `Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was ! h1 v) Q" B* J# |
about half gone. Jim, being sure that the
- D- R7 B+ s+ p; m# nstock had hit rock-bottom, still was berating John for his frivolous! B& j' ?2 B z3 F! F
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
- A' R) Z% X4 U- `3 S+ qworth!!"." y$ G8 Y" M$ m; M, V
7 F3 m6 |# R3 W; f( e: z# D: l1 jWell, summer has come, and hard times at Nortel continue.
8 b' y( \* r0 j( h8 @4 L; wBad news: Both John and Jim have been affected by the layoffs., Q' E5 q5 p6 S. V2 B
$ c: T) Z$ {, e6 g& O7 i( O6 `Last week, in order to raise some cash to help through
( h9 b/ t& y8 {0 k8 B; C( n2 Vthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
( }+ d+ \% q/ e4 Q7 _$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone* }7 N( y E" H/ j* |2 [6 S" K
needs their friend's during rough times), and as luck would have& R, ?5 ~+ \' v3 K, _0 U% r) ^) q
it, there were two bottles of John's beer left. John, being a good,
9 ?4 ` k# C5 Zcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
: P+ H! q' V B- uthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
: w. a) k$ C9 w+ p& |0 Bgot fifty bucks back out of it - you have nothing now.", he said.
6 V+ F/ b1 O% W: i, j5 o7 ^4 C1 N+ D* W' K, U8 T
"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
. v# S. d% y! @8 hadded as his other friend with
6 f, w" B! X0 }* i' l( y/ ~the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.) p/ z! J( B1 `, c
I6 @9 D1 f( i7 KUpon arrival at the beer store, they unloaded the empties, feeling a+ v$ N" q# A, U) J. i
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 ' g7 Q$ ?1 y# T/ z) f0 K( B6 b' `
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as' N ?3 G' T$ m# \
he handed him the money. C+ y+ l3 ~2 ?
& e: ]+ E7 N. S* h( W0 q" M; o
Jim was speechless. Poor guy. Can you imagine how you- c) {7 {% f6 w9 I, B7 k
would feel if you just discovered that over the course of the last year, your $1000 stock investment
* J# {. w* o* P, E2 Uleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 3 r" O6 `0 D6 p" m, V0 o1 G
8 ]: R3 a5 l/ d
I'll leave it up to the reader to come up with they're
* W. c; E/ A& Bown "moral to the story".
& p7 _! m. _2 q3 w! c7 {7 F: w- i# a. d4 y# m W3 Q1 Q
Have a nice day, and happy investing. |
|