Cory
San Antonio,#2Consumer Comment
Thu, April 10, 2008
Was at the bank the other day. There's this guy who had a brick, $1000 worth, of 1976 BU half dollars. They are making him break them out of the rolls so they can run them through their coin counter. I think to myself, if only he had invested the $1000 into an interest bearing account 32 years ago, he'd have at least $8000 or more. If he had bought a good stock, he might have up to $30 or $50,000. Instead they're gonna credit his account the $1000 which is worth about a third of what it was 32 years ago. BAD IDEA.
Ed
Dallas,#3Consumer Suggestion
Thu, April 10, 2008
Do you realize that if you would have simply put that $3,900 in an average growth stock mutual fund and left it alone, you would now have $50,000 to give your daughters? Do you know that if you had left it alone for an additional ten years, you would have had $140,000 to give you daughters? And you chose to "invest" this money in some Alice in Wonderland lithigraphs? As I always say, you can't dummy proof the world.