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原帖由 如花 于 2006-10-23 13:23 发表
. i9 D8 {- _# Q7 b; t如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 9 c6 w+ O, g" `9 C, U4 ]4 c7 g
for Nortel Networks, where in the summer of . v) j6 @5 T' I; ^4 L; o! o& H3 a
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
2 {$ \7 j1 [" F2 }: \; Hwhole $1000 into Nortel Networks stock. With his $1000, and the
9 U4 l4 K% F# B( U$ ?9 mtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the $ w# A x3 s" y! `. T, Y% {
Nortel stock climb and climb, he1 `4 t3 h8 W! |" e$ }" e
felt very good about this investment, happy that he is preparing for the future." i2 W) U: t8 f
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John, being a more care-free sort, did something slightly different
' T" P+ w' W$ ~( r) ], _# C. Q. Q! z, rwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
% K# u) }. z2 Q' {* A# @purchased 33 cases of beer. John also5 e1 Y; |& K) p3 d. _5 p
felt very good about his investment: 33 cases x 24 = is 792 bottles5 \5 G( a. E7 S0 F: X( }: S+ g
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
1 u" \ Z- _( l1 w4 q1 _5 zcalculated that he could drink about 15
" `3 A* o, U, o' I+ A# o- ^' fbottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him' L/ C$ t _0 p
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to : K. x- u/ {9 O, h7 F4 U$ F4 K H
dwindle. "It'll go back up", he'd say to John." Z7 n* h) U2 y% Q: _2 U/ V
! @4 [8 J0 m, D4 WJohn, who has been reaping the benefits of his investment on a daily$ I# l; ]8 |2 q& i6 @' B0 O ]* M
basis, would reply, "Ya, it will. Hang in there buddy".1 f# z. {8 G6 x( \! ]2 T p% |
4 M: W) g. d% aMonths went by, and the value of the stock continued to fall, and there was the beginnings of a , k ?# o4 s- Z2 ~8 j( `! u
noticeable dent in the beer pile.& W) T) j, \$ G- z% I/ g, s; A
; N, f) x! K2 t) |Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 2 q% } g! S6 ]% g- [( {
about half gone. Jim, being sure that the y/ U1 Y* h9 [3 ^& k3 e. ]
stock had hit rock-bottom, still was berating John for his frivolous! H7 D* X V* t3 [
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be : z o' j1 M1 v% x8 H9 u6 s! |
worth!!".$ ` k& R$ u- Z2 D* k v* D
& c* B6 _/ D- m5 r3 }: a0 S HWell, summer has come, and hard times at Nortel continue. 6 F. ^! O5 ?: x1 K- O7 [
Bad news: Both John and Jim have been affected by the layoffs.! [% g. q/ Q% q9 Y/ B! \
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Last week, in order to raise some cash to help through4 s8 D% u* M% @
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
/ e0 N$ W/ _! _: z5 g1 M$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
+ E4 E: x9 m1 ^4 l6 S9 b2 |" Uneeds their friend's during rough times), and as luck would have
" o1 b. ^+ A+ ?8 j' Yit, there were two bottles of John's beer left. John, being a good,
1 e9 U! t A' J* t8 Q( O* j! k3 B' qcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
" \2 M& k, q; k$ F* b5 ithe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I U/ L6 {" m. F+ f5 c$ H, S
got fifty bucks back out of it - you have nothing now.", he said. - F7 [) V; G+ n
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
* t! _/ A$ \: Z, I Wadded as his other friend with
- X" v1 w( O9 g" C2 _$ _& Jthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.( U$ H2 c G6 `" @/ B E X- c
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Upon arrival at the beer store, they unloaded the empties, feeling a3 W" K/ m; ^0 E2 T8 k* h+ C
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 2 E/ {1 K& ~7 g4 B5 L& s% S
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
3 q6 u0 r8 l2 k( ]; fhe handed him the money. - u$ a$ W/ D7 ]: y9 L6 O
T. ?' y: K& _ ^( q2 p6 B! H {Jim was speechless. Poor guy. Can you imagine how you) L* K- {6 @; h" t- r; `
would feel if you just discovered that over the course of the last year, your $1000 stock investment 5 M d$ u& a: G4 w8 p" W
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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9 h8 O+ c" Q4 W3 CI'll leave it up to the reader to come up with they're
3 h( o# D: y' l3 h1 r- y+ nown "moral to the story".' P' x% l: k& x; x, {9 L
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Have a nice day, and happy investing. |
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