using sharebuilder and investing question.?
Posted by admin
splitter_us asked:
recently a buddy from work got me in to using sharebuilder. I have been intrigued by the railroad , my dad works for UP and I am thinking of going to UP this summer so I’m investing in them. the last 2 months I have invested 50$ each month. I think my account is worth $95 or something now. I might also invest in Burlington northern b/c I noticed that their stock over a 12 year period would be worth about 10,000 more dollars if in march of 96 you’d of invested $100 per month in each one. UP was around 15,200 invested worth 37k and BNSF was about 47k.
recently a buddy from work got me in to using sharebuilder. I have been intrigued by the railroad , my dad works for UP and I am thinking of going to UP this summer so I’m investing in them. the last 2 months I have invested 50$ each month. I think my account is worth $95 or something now. I might also invest in Burlington northern b/c I noticed that their stock over a 12 year period would be worth about 10,000 more dollars if in march of 96 you’d of invested $100 per month in each one. UP was around 15,200 invested worth 37k and BNSF was about 47k.
Also in my research of job prospecting it appears the government forecasts the railroads business is going to grow over the next 10 years and if gas prices keep rising then there is a school of thought suggesting RR’s will be more economical than Truck. So are you thinking these are wise investments? and is paying $50 or $100 per month on a tuesday a wise way to do it?? thanks.
Question posted courtesy of: Wayne
