SJSinNYC:
I’m thinking of buying AIG – for just under $500, I can have 1000 shares. If they really go defunct, I lose $500. If not, I can probably retire on the profit.
not necessarily if they go bankrupt and the government takes over then the shares are not worth anything (i dont really know what i am talking about or how this works but this is what my dad told me, so if someone could explain this i would appreiciate it) 🙂