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Post# of 49606
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BlackSwanster

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BlackSwanster

Re: The Rainmaker post# 5744

Wednesday, 08/27/2008 9:33:17 PM

Wednesday, August 27, 2008 9:33:17 PM

Post# of 49606
I personally see the Hurricane Plays as an insurance policy. I have some rental property down in New Orleans, and if I have to go down and deal with that circus at least some of my stocks will be going through the roof.
Might as well play them and get your tax money back. If those stocks shoot to the moon it'll be on your tax dollars. Those companies can soak up some serious government funding.

Fun Fact: Did you know that the cost payed by the federal government to put a temporary blue (tarp) roof on a house after a storm cost the same per square (100sqft) as a regular ashalt shingle roof (tear-off w/ new shingles, and clean-up) which is about $1.65-$2.00/sqft.
That is a NET profit margin of around 65%.
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