Use access key #2 to skip to page content.

valunvesthere (22.68)

Mutual Funds Get People With Little Money In The Stock Market

Recs

0

November 06, 2017 – Comments (0) | RELATED TICKERS: DEO , PDRDY , STZ

There is an annual event in effect as of now in British Columbia Canada at BC Liquor Stores - Official Site. Its the time of year they release new premium spirits, wines, and etc. It is not a surprise the cash registers are ringing in transactions between hundreds, thousands, tens of thousands, or hundred thousands of dollars.

I was viewing the three most expensive premium spirits and was thinking that not alot of people will never taste fine spirits because alot of people can not afford a 700mL bottle. According to How many shots in a 700ml bottle? we get approximately 23 shots. So if we can get up to 23 people to pool together the money to buy the 700mL bottle then up to 23 people will have a taste of fine spirits.

This situation is very similar to mutual funds where investors with little money pools there money with other investors for mutual fund managers to buy and sell stocks in the hopes managers do good which will increase mutual fund price. What is happening here is investors with little money will not be able to buy stocks, but if pooled with others they give mutual fund managers the buying power to buy volumes of stocks.  

 

BOWMORE - BLACK 1964   BOWMORE - BLACK 1964

 

$32,000.00 CAD (700mL bottle) ÷ 23 (shots) ≈ $1391.30 CAD (shot) 

 

BOWMORE - 50 YEAR OLD 1961   BOWMORE - 50 YEAR OLD 1961

 

$30,500.00 CAD (700mL bottle) ÷ 23 (shots) ≈ $1326.09 CAD (shot) 

 

BUNNAHABHAIN - 46 YEAR OLD   BUNNAHABHAIN - 46 YEAR OLD

$10,350.00 CAD (700mL bottle) ÷ 23 (shots) ≈ $ 450.00 CAD (shot) 

 

Visit our NEW Premium Spirit Release inventory page at https://specialevents.bcliquorstores.com/spirits2017/ to track store inventory and favourite your Premium Spirit release items. 

0 Comments – Post Your Own

Featured Broker Partners