At the current rate of decline, BAC will be at zero sometime next week. I propose we poor our spare change and take the bank private for $0.01/share. We can easily all get rich by selling off the furniture in the lobbies. There even might be enough spare change laying around the teller's cash drawers to make us all millionaires.
Once we get this stash, I figure the entire S&P 500 will be at zero sometime in September. Again, we buy the entire index for nothing.
After that, let's consider the Total Stock Market Index!
Once we get this stash, I figure the entire S&P 500 will be at zero sometime in September. Again, we buy the entire index for nothing.
After that, let's consider the Total Stock Market Index!