Re: Hypothetical Investment Problem
so, you are saying that your post had nothing to do with the hypothetical question posed by jdoe?
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Re: Hypothetical Investment Problem
Of course it did. I just prefaced my comments on the assumption that the investor was already well diversified, and it seemed to me that his hypothetical scenario was either a bet, or a challenge from a friend of his to return the required equity within 5 years, and if he failed, well so be it, he lost the bet.
Thats why I chose the route of XOM DRIP. I felt it had a great chance of achieving his goal, the brokerage/commission fees are zero, and if he did fail, he'd still have a nice chunk of a solid blue chip stock company to add to his portfolio. However, when he added the ransom part, and made it more of a life or death challenge, this in turn made my suggestion more of a risk. However, I still stand by my post. |
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