fmhealth
12-24-2004, 07:54 PM
If you frequent any CHDN property on a regular basis, you may want to consider the following strategy.
If you buy 100 shares of CHDN stock, approximately $4,500, you get two free season passes to all their properties. This INCLUDES the Derby weekend!
The numbers for me work out in the following manner.
cost---- $4,500
Savings (based on 150 trips X $6.00) = $900.00
Sale of second pass-$150.00
Stock dividend--$50.00
So, on a $4,500 investment you're getting back $1,100 or a 24.4% ROI. TAX FREE !! After four years, your savings have actually allowed you to pay for your initial investment. You continue to receive these passes every Jan. as long as you own the stock.
This offer is only effective for "owners of record" by the close of the year. So you'll have to respond THIS WEEK if you believe you might benefit.
If you buy 100 shares of CHDN stock, approximately $4,500, you get two free season passes to all their properties. This INCLUDES the Derby weekend!
The numbers for me work out in the following manner.
cost---- $4,500
Savings (based on 150 trips X $6.00) = $900.00
Sale of second pass-$150.00
Stock dividend--$50.00
So, on a $4,500 investment you're getting back $1,100 or a 24.4% ROI. TAX FREE !! After four years, your savings have actually allowed you to pay for your initial investment. You continue to receive these passes every Jan. as long as you own the stock.
This offer is only effective for "owners of record" by the close of the year. So you'll have to respond THIS WEEK if you believe you might benefit.