Might as well have been 3 mill, then.


Maxprop wrote:
On second thought it *was* $3M.


Careful, the IRS is listening!



Shucks I bought IBM stock at $35 a share, kept it for two years during
which time it not only went up to $90 but split, while paying a 4%
dividend, then I not only sold it all but shorted twice as much... guess
how much that netted?


Not knowing how many shares you bought it would be difficult. Care to tell
us?


Of course not, but it was more than you made or I wouldn't
have mentioned it.

Bubbles already knows how much anyway.


stars. For the average person, the investment opportunities available,
whether real estate or paper, won't return anything near the interest
rate paid on a boat loan.


Yep, think about it... why would the bank loan you money at X% if it was a
sure thing they could earn X+% on these wonderful real estate deals? There
are very few REITs paying over 8.5% nowadays, and there are a few that
specialize in rehab real estate.


Well, you must be wrong, Doug. Capt. Bubbles and Mr. Ganz are both
realizing monster profits from straight RE investments. Bubbles is, no
doubt, the RE rehab king of NYC. And those stupid banks just don't get it,
do they.


That's why bank stock is such a terrible investment

DSK