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UPS Partners
Guess the MIP factor
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<blockquote data-quote="UPS Lifer" data-source="post: 623925" data-attributes="member: 9789"><p>This reminds me of how a district manager tried to sell us on buying stock. Of course I have to preface this with this was before the real estate collapse.....</p><p></p><p>He said that buying UPS stock was a better deal than buying real estate. UPS stock had gone up by 15% and real estate had only gone up 10%. I laughed... real estate is leveraged and the stock isn't.</p><p></p><p>If you have $20,000 and you buy UPS stock and it goes up 15% that = $23,000.</p><p>If you put 20% down on a $100,000 house that = the same $20,000. If that house goes up by 10% you now have an investment of $30,000 which is $7,000 more than the stock. </p><p></p><p>Of course today.... all bets are off. Turn your money into gold!</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 623925, member: 9789"] This reminds me of how a district manager tried to sell us on buying stock. Of course I have to preface this with this was before the real estate collapse..... He said that buying UPS stock was a better deal than buying real estate. UPS stock had gone up by 15% and real estate had only gone up 10%. I laughed... real estate is leveraged and the stock isn't. If you have $20,000 and you buy UPS stock and it goes up 15% that = $23,000. If you put 20% down on a $100,000 house that = the same $20,000. If that house goes up by 10% you now have an investment of $30,000 which is $7,000 more than the stock. Of course today.... all bets are off. Turn your money into gold! [/QUOTE]
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Guess the MIP factor
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