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Should I invest in stock?
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<blockquote data-quote="klein" data-source="post: 840565" data-attributes="member: 23950"><p>You tell me as an outsider why I should invest in UPS stock ?</p><p>I find it very unattractive, even if I were to get the 5% off.</p><p> </p><p>The drivers are the highest paid in the industry and beyond that. I don't think any other driver earns that much, not even a furniture mover breaking his back every day.</p><p>UPS also has squeezed every minute/second out of their drivers. There is hardly any more room for drivers to work more effecient.</p><p> </p><p>The US economy is also still in the tank, and republicans want to make cuts of $2 Trillion in August (that will be an awesome stimulus, not!!) !</p><p>In 2 years time, it is likely that America's credit rating sinks.</p><p> </p><p>For me tech stocks are still among the safest to invest in. Because people are hooked on tech.</p><p>They can't live without them !</p><p> </p><p>And nothing wrong in saving up cash, in times like these and with uncertainty because of the huge national debt.</p><p>Foriegn investments in foreign currency is a very good way to protect yourself, too.</p></blockquote><p></p>
[QUOTE="klein, post: 840565, member: 23950"] You tell me as an outsider why I should invest in UPS stock ? I find it very unattractive, even if I were to get the 5% off. The drivers are the highest paid in the industry and beyond that. I don't think any other driver earns that much, not even a furniture mover breaking his back every day. UPS also has squeezed every minute/second out of their drivers. There is hardly any more room for drivers to work more effecient. The US economy is also still in the tank, and republicans want to make cuts of $2 Trillion in August (that will be an awesome stimulus, not!!) ! In 2 years time, it is likely that America's credit rating sinks. For me tech stocks are still among the safest to invest in. Because people are hooked on tech. They can't live without them ! And nothing wrong in saving up cash, in times like these and with uncertainty because of the huge national debt. Foriegn investments in foreign currency is a very good way to protect yourself, too. [/QUOTE]
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