The lecture in Economics today was about the stock market, and the professor opened with explaining the DOW. He told the class that there's 50 corporations stocks' that are evaluated. He was wrong, I know because I own 28 of the 30. TFM.
If the money is placed in an IRA and he is looking for long term stability and capital appreciation then it is a good move. Idk the exact # but more than half the DOW pays a dividend and probably all but 1 of those companies will be around when we retire in like 20 years. It’s not the dumbest investment decision, but it’s not the smartest either.
If this was Dr. Rush’s class, he clearly stated that the DOW was 30 corporations. You should probablly pay attention and stop pretending like you own 28 of them.
If you were going to own 28 of 30 stocks in an index, why in the hell would not just put all that money into an index fund (either a mutual fund or ETF) and let someone manage it for you? Wow. If your dad taught you to invest this way, then he is broke and there is no way that you can afford a fraternity bill and tuition. Unless of course, you have student loans…… which we all know is NF
having a class on sunday..NF
14 years ago at 7:30 pmComments aren’t always published the same day. Sometimes it takes a few days.
14 years ago at 7:58 pmthats not the issue… how retarded is the university to have a professor that does not how many companies compose the DOW.
14 years ago at 8:20 pmWhy would you own 28 out of the 30 stocks on the DOW? Good luck making a high return, GDI.
14 years ago at 7:43 pmIf the money is placed in an IRA and he is looking for long term stability and capital appreciation then it is a good move. Idk the exact # but more than half the DOW pays a dividend and probably all but 1 of those companies will be around when we retire in like 20 years. It’s not the dumbest investment decision, but it’s not the smartest either.
14 years ago at 11:12 amWithout getting into a detailed debate with you, I just want to say I hope you’re lying because this would be an incredibly awful investment strategy.
14 years ago at 8:00 pmIf this was Dr. Rush’s class, he clearly stated that the DOW was 30 corporations. You should probablly pay attention and stop pretending like you own 28 of them.
14 years ago at 8:30 pmhe submitted this during this week and it wasn’t posted until today, he obviously doesn’t have class on Sunday
14 years ago at 8:59 pmBullshit
14 years ago at 7:03 amIf you were going to own 28 of 30 stocks in an index, why in the hell would not just put all that money into an index fund (either a mutual fund or ETF) and let someone manage it for you? Wow. If your dad taught you to invest this way, then he is broke and there is no way that you can afford a fraternity bill and tuition. Unless of course, you have student loans…… which we all know is NF
14 years ago at 7:08 amYou should consider tranferring to a better university
14 years ago at 7:29 amYou should consider learning to spell the word ‘transfer.’
14 years ago at 11:58 amDumbass^
14 years ago at 4:39 pmTFM or NF it doesn’t matter. You just bragged how much money you lose all the time
14 years ago at 11:10 am