i understand your point!
But, do you understand mine???
How many people do you know that have college education, weddings & etc. funded for their small kids? It takes time to save typically for these things.
I am certain if you asked John he would say in hind sight he could have done a number of things with $10,000 today to put his family in a BETTER position. He could have bought stocks, Property & etc. Jbcases has a REAL opportunity loss associated with this bet that is unavoidable and real.
He could have bought in at the ground level of the next big thing with that money but now when the opportunity presents itself. He is left with regret cause he had the money if he had only avoided the bet. Things like this come back to haunt people. My dad's friend in New York had an opportunity to invest in Palmer video and took it. Palmer grew to be one of the biggest video rental companies and worth millions. He hung at the pool room with toby sweet in up state new york. Guys name was Vinnie Cassiopa spelling could be wrong? This kind of stuff happens and opportunities come and go! You have to be READY when they do!
Plus, the tone and wording of Tate's post would lead one to believe he has/had that information to make his original post and start this thread and course of discussion.
KD
One day you will realize buying stock and investing in start-ups is a huge gamble.
For every start-up that makes it there are 9 that fail.