What a difference a year makes. Stock prices have changed dramatically over the past few months. Below is a list of what you could buy today for a fraction of what it would have cost in previous years. I am not advocating that you buy any of these stocks. I am just highlighting how significantly these companies stock prices have declined over the course of the past year.
Today $5 would buy you one share of GM and Ford. GM was over $20 a share last spring. You could own the entire US auto industry and get $1.50 back.
$10 would buy you a share of the New York Times, Gannett Corp and McClatchy Co. and get $2 back. You could throw in News Corp for $6 more and own all of the major public newspapers.
$20 would buy you a share of Bank of America, Citigroup, General Electric and you would get $4 change back. These are three of the world’s largest financial companies. A little over a year ago 1 share of Bank of America would have cost you almost $50. by itself.
$50 would buy you Microsoft, Disney, Time Warner and Liberty Media and leave you with $3. Four of the largest entertainment and media companies for under $50.
$100 would buy Walmart, Best Buy and Home Depot and you would have $2 left over. For under $100 you could buy three of the nation’s largest retailers.
