Letters To The Editor
Dear Editor, I have an idea that would help the auto industry, the banking industry and any other company that has held stock. Being stock prices are low, for instance Chevy and Ford stock are at $3.00 to $5.00 a share, a sales pitch could offer 100 to 200 shares of stock with the purchase of an automobile depending on the price of the unit. It would only cost the company $300 to $600 at this market rate. After the automobile is paid off in five to six years the automobile will depreciate in value, as they all do, but having stock in the company would be an investment that could be worth a substantial amount of money. Ordinary people that do not have stock or do not participate in a 401K would now have an investment for the future or could cash it in and repurchase a new vehicle in five to six years. This would in turn raise the stock prices of the company and in turn sell cars. This plan could be set up for “limited time only” advertisement. This plan can also be applied in the banking industry or any other industry using the incentive of purchasing stock shares as a bonus for doing business with the companies. Replacing what the automobile industry does with “rebates.” Funds could be deposited in banks for a certain share of stock. You could also receive shares of stock for purchasing appliances at Lowe