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<blockquote data-quote="BigBrownSanta" data-source="post: 253860" data-attributes="member: 11097"><p>I don't claim to be a stock market guru. Thanks to moreluck, I stand corrected. I was unaware the dividends were split also.</p><p> </p><p>I own shares of UPS stock myself. I stopped purchasing stock for 2 reasons. The first reason is because about 2 years ago UPS didn't meet their earnings expectation and the price dropped about $8+ in 2 days. The second reason is because UPS implemented a new policy that made it mandatory to hold your stock for a minimum of 2 years (before that you could sell your stock at market value minus 10%).</p><p> </p><p>satellitedriver, I remember that time period mentioned in your post. I was amazed that the share price kept going up while the market was declining. I thought I had made a really good decision. It didn't last long though, and the share price has kind of floated around $70 since then.</p><p> </p><p>LeddySS98, you think you have 5,036.72 worth of stock, but really you have zero until the 2 year waiting period has passed (June of 2008).</p><p> </p><p>There are many other ways to get a 5% annual return that are safer and more accessible if you have an emergency.</p></blockquote><p></p>
[QUOTE="BigBrownSanta, post: 253860, member: 11097"] I don't claim to be a stock market guru. Thanks to moreluck, I stand corrected. I was unaware the dividends were split also. I own shares of UPS stock myself. I stopped purchasing stock for 2 reasons. The first reason is because about 2 years ago UPS didn't meet their earnings expectation and the price dropped about $8+ in 2 days. The second reason is because UPS implemented a new policy that made it mandatory to hold your stock for a minimum of 2 years (before that you could sell your stock at market value minus 10%). satellitedriver, I remember that time period mentioned in your post. I was amazed that the share price kept going up while the market was declining. I thought I had made a really good decision. It didn't last long though, and the share price has kind of floated around $70 since then. LeddySS98, you think you have 5,036.72 worth of stock, but really you have zero until the 2 year waiting period has passed (June of 2008). There are many other ways to get a 5% annual return that are safer and more accessible if you have an emergency. [/QUOTE]
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