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Registered
Join Date: Jun 2004
Location: Rio Rancho, New Mexico
Posts: 1,325
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Beating the rising cost of gas
There have been a few posts about the rising cost of gas.
Let's take a closer look at this.
It is accepted the oil companies are making great profits, right. Not all the oil companies, but the ones which own the reserves.
I have owned 100 shares of one of these companies for less than two months. In that time the shares have increased in value almost 20 dollars per share. Thats $2,000.
In the same period of time I've bought $700 worth of gas for me and my wife.
$2,000 minus $700 equals $1,300 profit.
I think I'll take my wife to a nice dinner, thanks to my investment.
No reason why anyone on this board can't do the same.
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DOUG
'76 911S 2.7, webers, solex cams, JE pistons, '74 exhaust, 23 & 28 torsion bars, 930 calipers & rotors, Hoosiers on 8's & 9's.
'85 911 Carrera, stock, just painted, Orient Red
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