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<p>[QUOTE="-jeffB, post: 5178667, member: 27832"]And I'm sure the rest of us don't really want to keep explaining over and over how percentages work.</p><p><br /></p><p>Say you've got $1000 to put into stocks. You could buy 8 shares of Apple at about $125/share, or 33 shares of AT&T at about $30/share.</p><p><br /></p><p>Now, there are lots of good reasons to pick one or the other (or neither, or both). But "AAPL would have to go up $125/share to double your money, T would only have to go up $30/share" <b>is not one of them</b>.</p><p><br /></p><p>Your argument is <i>exactly</i> as sensible as saying "I want to hold some cash, but I think the dollar is going to lose 50% of its value in the next ten years. I don't want $100 bills, because they'll each lose $50 in value! I'll get $1 bills instead, because they'll only lose 50 cents. Better yet, I'll get it all in <i>pennies</i>, because they'll only lose <i>half a cent</i> in value!"[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 5178667, member: 27832"]And I'm sure the rest of us don't really want to keep explaining over and over how percentages work. Say you've got $1000 to put into stocks. You could buy 8 shares of Apple at about $125/share, or 33 shares of AT&T at about $30/share. Now, there are lots of good reasons to pick one or the other (or neither, or both). But "AAPL would have to go up $125/share to double your money, T would only have to go up $30/share" [B]is not one of them[/B]. Your argument is [I]exactly[/I] as sensible as saying "I want to hold some cash, but I think the dollar is going to lose 50% of its value in the next ten years. I don't want $100 bills, because they'll each lose $50 in value! I'll get $1 bills instead, because they'll only lose 50 cents. Better yet, I'll get it all in [I]pennies[/I], because they'll only lose [I]half a cent[/I] in value!"[/QUOTE]
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