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UPS Discussions
Does anyone purchase the UPS stock at a discount?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1342973" data-attributes="member: 12570"><p>5% of $10K is only $500.</p><p></p><p>UPS B is trading for about $100/share so your $10K would get you about 100 shares. The dividend for one share of stock is $.67 so you would earn enough to buy 2/3 of a share.</p><p></p><p>Superballs is right----there are many other more appealing options out there to invest your largesse. Apple just did a 7 for 1 split, reducing their stock price to just below $100/share.</p><p></p><p>If it were me I would set up an appointment with a financial adviser.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1342973, member: 12570"] 5% of $10K is only $500. UPS B is trading for about $100/share so your $10K would get you about 100 shares. The dividend for one share of stock is $.67 so you would earn enough to buy 2/3 of a share. Superballs is right----there are many other more appealing options out there to invest your largesse. Apple just did a 7 for 1 split, reducing their stock price to just below $100/share. If it were me I would set up an appointment with a financial adviser. [/QUOTE]
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Does anyone purchase the UPS stock at a discount?
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