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<p>[QUOTE="GoldFinger1969, post: 2093288, member: 73489"]<b>You appear to not understand investing or stocks. </b>The use of AAPL wasn't to say she could have invested in it back then, I used it to show what the costs were for a round-lot, 100-share stock with a market value in the low-5 figures ($12,000) back in 1974. I could have said XOM or GE or MSFT or Amazon.com -- whether the stock existed or not is immaterial, it's the cost of the trade that I illustrated.</p><p><br /></p><p>Ditto for saying it was an IRA (which started in the late-1970's) but there were Keough and Money Purchase TDAs in the 1960's and 1970's. <b><span style="color: #b30000">Could be an IRA, a Keough plan, or a regular brokerage account. </span></b> It doesn't matter but it apparently went over your head.</p><p><br /></p><p><br /></p><p>You appear to not understand investments and the financial markets. The fact that you cite my example as a 'fabrication' shows you may also lack basic reading comprehension skills as well.</p><p><br /></p><p>To each his own.......<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2093288, member: 73489"][B]You appear to not understand investing or stocks. [/B]The use of AAPL wasn't to say she could have invested in it back then, I used it to show what the costs were for a round-lot, 100-share stock with a market value in the low-5 figures ($12,000) back in 1974. I could have said XOM or GE or MSFT or Amazon.com -- whether the stock existed or not is immaterial, it's the cost of the trade that I illustrated. Ditto for saying it was an IRA (which started in the late-1970's) but there were Keough and Money Purchase TDAs in the 1960's and 1970's. [B][COLOR=#b30000]Could be an IRA, a Keough plan, or a regular brokerage account. [/COLOR][/B] It doesn't matter but it apparently went over your head. You appear to not understand investments and the financial markets. The fact that you cite my example as a 'fabrication' shows you may also lack basic reading comprehension skills as well. To each his own.......:D[/QUOTE]
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