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Stupid arguments about the Ground business model
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<blockquote data-quote="bacha29" data-source="post: 4749379" data-attributes="member: 58386"><p>Exactly. You are a so called 'independent contractor" but the economic fortunes of that so called "independent contractor" is 100% tied to the fate of just that one company. If that isn't a trapped I don't know what is. At the same time however a portfolio of stocks ETF's REITS and MLP's provides for much more limited exposure across a much broader range of the economy. And if one sector doesn't do well you sell or if the economy as a whole starts pointing downward you have your stop losses trailing behind the run up close out your position and move into cash. Something a contractor who has everything to his name tied up doesn't have. Even a simple utility stock T for example pays 7% and that's about as good a return as running a bunch a trucks out on RD's chasing thin volume all over god's green earth and due to as rough an operating conditions as you'll find anywhere you're lucky if you have them paid off by the time their junk.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4749379, member: 58386"] Exactly. You are a so called 'independent contractor" but the economic fortunes of that so called "independent contractor" is 100% tied to the fate of just that one company. If that isn't a trapped I don't know what is. At the same time however a portfolio of stocks ETF's REITS and MLP's provides for much more limited exposure across a much broader range of the economy. And if one sector doesn't do well you sell or if the economy as a whole starts pointing downward you have your stop losses trailing behind the run up close out your position and move into cash. Something a contractor who has everything to his name tied up doesn't have. Even a simple utility stock T for example pays 7% and that's about as good a return as running a bunch a trucks out on RD's chasing thin volume all over god's green earth and due to as rough an operating conditions as you'll find anywhere you're lucky if you have them paid off by the time their junk. [/QUOTE]
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