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Message: <blockquote data-quote="Eric87" data-source="post: 412305" data-attributes="member: 5278">Four points from someone not interested in buying stock: 1. Everyone knows what they are getting into. Not only that, for what amounts to a piece of memorabilia, Packer fans buying stock know a heck of a lot more about what their money is going towards than any other piece of team memorabilia you can buy. All the money raised in the stock sale by agreement with the NFL must go towards stadium construction. $43 million raised means $43 million knocked off the principle of the loans the Packers will have to take out for the new seats, entrace tower and scoreboard. The very fact that the Packers are putting $143 million into the stadium shows they are committed to Lambeau Field as the long-term home of the Packers. 2. The Green Bay Packers would not exist without this "scam" arrangement. This arrangement got them back into the league in 1923. It gave them the stability to survive 1927 and 1928 when the NFL axed the small market teams. It saved the franchise from financial disasters in the 30s and 50s. It kept Curly Lambeau from moving the team to Los Angeles, and any leadership from taking the "logical" step to fully move the team to Milwaukee. This arrangement still motivates Packers' brass to focus on the long term viability of the franchise, because there is no "get out of jail free" waiting in LA, Toronto or London. Don't you think the hardcore in Buffalo, Jacksonville, Oakland and San Diego would pay $250 to get this arrangement in their towns? 3. Most "traditional" or "common" stock is a scam. It used to be that people primarily bought stock for the dividends. If you own a piece of a for-profit company, you ought to share in the profits, right? Slowly, more and more regular folks got into the stock market and bought stock for the potential appreciation of the stock. Now most publicly traded companies don't offer dividends, because people will line up to give them money to gamble on their future growth. That's kind of messed up. 4. Don't buy stock if you can't afford it. Don't buy a jersey if you can't afford it, and don't buy tickets if you can't afford it. If you can afford it and want it, you don't have to justify it to anyone. Be sensible. This is just sports.</blockquote>

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