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Replies to #15076 on The Black Box
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wahz

04/11/04 3:33 PM

#15077 RE: WinLoseOrDraw #15076

Everyone:

Let me set a scenario for you. Lets say a rich Uncle came to you and said, "I am giving you $500,000, but there is a catch:You have to give me back $550,000 in 3 years. You must buy stock, one stock; decide when to buy and sell it, and what interest bearing account to hold it in after that until three years are up..I don't want the money early. You can only buy the stock once and sell it once. Therefore, everything you make beyond $50,000 is yours to keep."

Lets assume that you MUST do this. Lets also assume you desperately want to do it because you are thinking you want at least $300,000 additional money to buy or do something you have always wanted your whole adult life, and this will make it come into being....so you are motivated to try to get a good to great return. At the same time, if you make a bad decision, you will suffer greatly for many reasons, in addition to your letting your dreams slip out of your grasp.

Which stock would you buy?