Posted by 8N'r---WI on December 03, 2010 at 09:40:16 from (12.104.244.6):
In Reply to: Re: Investments posted by JayinNY on December 03, 2010 at 09:01:19:
I love and thank the media for creating some of these opportunities......remember ALL the Auto companies were going to go bankrupt----even Ford, who didn't need TARP funds to stay afloat...
That BS from the media, added to the fear and emotion that drove Ford's bond prices down to $600/bond...bonds that matured in less than 1 year for $1000....and paid 5.75% coupon to boot....more than a 70% return on your money holding that high risk "going out of business" Ford Bond.....
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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