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<blockquote data-quote="raceanoncr" data-source="post: 251192" data-attributes="member: 6408"><p>Well, I agree to go for it and don't touch it but as far as making you a lot of money...well, it hasn't yet. The stock has stayed around 70-75 bucks for a long time. Sure, it grew to over 80 but when they announced last yr or the yr before that they weren't going to make expectations, it tanked and slowly grew to the level of mediocrity it is now. If you or the public would've bought at 84 or around and try to sell now, you would have lost. About $10 a share. Multiply that by how many shares you bought at that price and how many you wanna sell...sounds pretty pricey.</p><p> </p><p>"UPS is a cash generating machine"? Well, maybe for themselves, not for stockholders. "...going to generate an insane amount of cash"? Sure, for stockholders? Watch it stay right where it is. </p><p> </p><p>The only way I've made money so far on the stock is buying it at 10% </p><p>discount when the general public cannot. I did make money when they first went public and split...that's all. </p><p> </p><p>The total amount of stock does not compound, like a savings account. This is not like an interest-bearing account. It only grows if the price of each share grows. This is playing the stock market. No interest involved. Only growth or loss. </p><p> </p><p>And pre-tax? I don't think so. Mine ain't. Maybe as a supe yours is. </p><p> </p><p>You ain't confusing 401 with stock are you? Not the same.</p></blockquote><p></p>
[QUOTE="raceanoncr, post: 251192, member: 6408"] Well, I agree to go for it and don't touch it but as far as making you a lot of money...well, it hasn't yet. The stock has stayed around 70-75 bucks for a long time. Sure, it grew to over 80 but when they announced last yr or the yr before that they weren't going to make expectations, it tanked and slowly grew to the level of mediocrity it is now. If you or the public would've bought at 84 or around and try to sell now, you would have lost. About $10 a share. Multiply that by how many shares you bought at that price and how many you wanna sell...sounds pretty pricey. "UPS is a cash generating machine"? Well, maybe for themselves, not for stockholders. "...going to generate an insane amount of cash"? Sure, for stockholders? Watch it stay right where it is. The only way I've made money so far on the stock is buying it at 10% discount when the general public cannot. I did make money when they first went public and split...that's all. The total amount of stock does not compound, like a savings account. This is not like an interest-bearing account. It only grows if the price of each share grows. This is playing the stock market. No interest involved. Only growth or loss. And pre-tax? I don't think so. Mine ain't. Maybe as a supe yours is. You ain't confusing 401 with stock are you? Not the same. [/QUOTE]
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