Recessionary Perspectives

Recessionary Perspectives

Ten years ago, if your Grandmother had given you the choice of three presents: a mini-pack of ten packages of plain m & m's, a mini-pack of Trident Gum, or ten shares of General Motors, you might very well have gone for the stock, right? And, today, if you somehow happened to be on everybody's favorite daytime Game Show "The Price is Right", how much would you bid on the items above? Knowing full and well that that GM is not doing so well, will not necessarily guarantee that you bid correctly.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Of a package of gum (albeit Trident), a slightly larger than average pack of m & m's and one measly share of GM stock, GM Stock at $1.23 a share is definitely the cheapest. Of course, there is something a little unappealing about buying stock in a company that is bankrupt, seeking out money from the government, and is laying off all their employees, but it still might last a day or two longer than if you just go for the m & m's. As your financial advisor, I would say buy the gum for sure. Unless you are the type of person to chew pieces at once (like I am), it will definitely last the longest.