Something to think about

[CAJUNLAWYER]

Citibank stock is trading at $1.00
Their ATM fee is higher than that

I can buy a 16oz bush beer for a buck
I can buy two bags of planters peanuts for a buck (those good greasy/salty ones)
I can buy a powerball ticket for a buck.
Given the choice between buying 5 shares in the largest bank in the country or buying three beers, two bags of peanuts and a powerball ticket, I'm going with the beer peanuts and powerball ticket. I figure that I'll enjoy the peanuts, get a good buzz going and enjoy a much greater chance of a good rate of return on my investment

So how's y'alls day going

 

[CAJUNLAWYER]

Citibank stock is trading at $1.00
Their ATM fee is higher than that

I can buy a 16oz bush beer for a buck
I can buy two bags of planters peanuts for a buck (those good greasy/salty ones)
I can buy a powerball ticket for a buck.
Given the choice between buying 5 shares in the largest bank in the country or buying three beers, two bags of peanuts and a powerball ticket, I'm going with the beer peanuts and powerball ticket. I figure that I'll enjoy the peanuts, get a good buzz going and enjoy a much greater chance of a good rate of return on my investment

So how's y'alls day going

 

[glypnir]

Yeah, the "Citibank enabling act" was passed in 1999. Also known as the Gramm-Leach-Bliley Financial Services Modernization Act.

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act

They removed the many of the restrictions on mixing banking and other, riskier investments.

They wanted to permit "innovative" financial stuff.

Glad to see it's working so well.

Thanks Phil Gramm.

 

[rewster]

Hi ! I'm from the government. I'm here to help

 

[Centenniel]

I'm gonna agree with Cajun!

 

[truckemup97]

Yeah, of all the things listed, beer seems to be the safest investment.

 

[Wayne02]

So how's y'alls day going

Lovely, wife and I have resigned to the fact that there will be no retirement. Wondering if there is a way to legally shield family assets for when prolonged expensive illness hits and drains assets to nothing while a stranger is wiping my ass in the state nursing home...

Other than that it has been pretty positive.

 

[pbslinger]

A tip in case this is y'alls first goat roping. The return on investment with beer sucks!

But it still might be better than Citibank stock.

 

[Iggy]

At least with the beer, I get to piss away the proceeds.

 

[HOUSTON RICK]

I'm thinking that by the end of the month, I might skip lunch one day and buy 500-1,000 shares of Citicorp instead for the hell of it.

 

[CAJUNLAWYER]

Originally posted by pbslinger:
A tip in case this is y'alls first goat roping. The return on investment with beer sucks!

That all depends on whether or not you can slip out of her house withour having to say "good morning"