interesting interaction with tet on reddit / turnabout..../ for mois | MVIS Message Board Posts

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Msg  53383 of 54063  at  7/2/2020 4:18:25 PM  by

co3aii


 In response to msg 53382 by  moissanite
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Strong Buy

Re: interesting interaction with tet on reddit / turnabout..../ for mois

You are missing  a critical part of the calculation and that is what $500 or so is worth. In this case it was worth losing it all versus gaining much. That is what you are missing.
 
A major repair on a car which is a wasting asset can cost north  of $500 which would buy you 2000 shares and that was not the low.
 
Money should  work and at these rates keeping it in a  savings acocount where there's certainly is a losing, due to inflation, proposition. 
 
If a sale  is announced do you buy?
 
I consider you a sophist, nothing personal. 


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