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Old 11-16-2004, 03:00 PM   #11 (permalink)
bendsley
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Location: texas
I used to work for Best Buy, and as an employee, I was able to buy stock for a cheaper amount than street value. Basically what they did was, take a 6-month spread, and the cheapest value over that 6 month period was, that's what I got it for on my next purchase. Well, while working for BBY, the stock split twice. I bought the first time for maybe $18 a share, it ended at a high a lot more than that, but I got the 2 for 1 split and then later a 3 for 2 split. I can say I did quite well off of this.

Another thing, when I was in college, my parent's paid for school; all of it. So, I took out a loan from the school for what my entire tuition would roughly turn out to be over 4 years. The loan interest rate was 1%, which it usually is with gov't school loans. I took all of the money, invested most of it for four years, and let some go into stocks. The day after I graduated, I walked into the student loan office (business office) and repaid every bit in cash, including the 1% I owed. I made over $17,000 in those four years. Gotta love school loans. I plan on going back for my masters and doing something similar, though hopefully, it won't take me four years to get it.
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