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Right.. i was just trying better understand the "comparison" process, so i could apply it to the rest of what i compare. I actually picked those two simply because of the article posted yesterday was talking about KO.
Thanks again for just letting me "spill out" my thought/reasoning process. LOL.:lol: BTW, Greg... How's Bellevue doing? I was up there once as a kid (early 90's). My dads uncle was a VP or some sort of "higher up" at the Bellevue Square Mall. We went and stayed with him for a few days for a visit. :thumbsup: Nice place up there. |
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Albert -- You are doing what this thread has been trying to get people to do... just compare -- think about them (any company) -- scale in if at all possible... and you're not really "timing" the market by seeing that a company may temporarily be down while the other is up... What you need to do when you see something like that is to try to figure out WHY that is so. Dig a little deeper... Google some news -- go back a bit and try to see if there was an "earnings miss" -- or a takeover of another company that has temporarily got the company off track... Try to FIND something that may explain the "issue". Some times you'll find nothing -- and sometimes you'll learn something that makes you like the company even more. In the end -- you're buying a piece of the company and the management - and the products they make.... and you need to feel good about that choice. If 10 years from now -- you're only up 67% vs the other company up 85%... you really didn't make a "mistake"... and if during that 10 year period there was a point in which the companies were trading down -- and you held your position because you were comfortable owning it.. then that is what really matters. We're preaching DIVERSITY as well here -- this is just ONE pick out of the 10 plus companies you're going to choose.... If you were at the horse races and you're picks finished 1st -- 3rd -- and 4th... you're still a winner. |
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Bellevue -- or as I like to call it -- BLAHview.... I've been here since 1984... I used to be able to see Mount Rainer from downtown -- that view has since been hidden behind all the high-rises! Bellevue Square has doubled or tripled and they now have a sky bridge going across the street to Lincoln Center... a whole 'nother shopping bunch of crap. Kemper Freeman Jr basically owns all of downtown... and he's done a real good job of developing it INHO. |
ah, sorry you lost your view. lol.
I remember that mall was pretty snazzy. the "skywalk" sounds familiar. it's been so long since ive been there (was probably 12-13 at the time), have a hard time remember some things. They were "very well off", and i remember my Aunt taking us and "showing us around town" lol. Anywho, back to investing 102 i suppose ;) |
My next "research"... is to figure out the "diversity" aspect of all this.
ie. what sectors for stocks? what about bonds? and the other "options" (not familiar with any of this yet). which ones to "play now" and which ones to "wait for a change (invest in the "play now group"), and play later", etc. |
Here's a real life STEADY EDDY "terbacky" (aka: Sin stock) stock... People poo poo stuff like this because they all want to own the big hitters... That, and nobody is talking about the price per share at the grocery store... LOL
I own 6,500 PHILIP MORRIS (PM) @ todays closing price $84.23 for a total of $547,495.00 market value -- My average cost per share is $68.55 for a total investment of $445,564.60 --- So I have an UNREALIZED capital gain of +$101,930.40 My first buy was 2/03/11 @ $57.80 per share 4 more buys at various levels on the way up for a total of SIX buy ins My last buy was 2/10/12 @ $80.40 per share The point here is -- I was scaling in -- I don't really care that the price went UP from where I first bought it -- in fact I'M VERY HAPPY it was doing that! It's doing EXACTLY what I want it to do! My AVERAGE cost is still only $68.55 per share And I've collected $8,700.00 in dividends along the way.... Again - everyones actual positions are going to be scaled to THEM... I'm just using a real life actual example to show the affects of scaling in.... and that I just INVESTED in a dividend paying stock that is boring to the maximum.... but I'm very happy owning it. I don't really care whether people are smoking or not (I don't and I hate smoking!) --- it's an INVESTMENT I can live with, even if the buyers of the product can't! :lol: |
Greg...
Thanks for talking with Albert... He seems young, hungry and smart.. He is one of the only people that bit into the thread I started , and seems to be running with it well.. I was foolish enough to almost start another one, but quickly realized that I was not welcome.. Oh well. So my lesson learned is that i will comment on this thread and no others.. I learned my lesson. Albert will be the one that runs with it. I said if only one person did it... Albert is it.. Thanks for taking the time to help all of us.. No more new threads...:cheers: |
So I just opened another Traditional IRA last night to stuff $2-3K away for five or so years.
Any creative funding suggestions? Cash.......boring ETF's One good Steady Eddie? I'm tempted to fund it with PM or McD and watch what happens. http://www.desmonorthwest.com/forums...lies/smoke.gif http://www.desmonorthwest.com/forums...s/popcorn2.gif |
I have a new hatred for mutual funds.
I have 2 401k accounts, one with current employer and one with a previous one that I no longer put money into obviously, so it just sits there. When I say it sits there I REALLY mean it sits there. Its not doing anything. I'm going to move that account into something I can control and pick what I want and not be limited to a dozen opptions. The other 401k account is with current employer and I'm putting in $600 a month and its not doing anything. I already sent the CFO a nice email outlining that we need more options, cause the dozen or so options aren't cutting it. Like I told him in the email I'd like to retire some day and not run out of money. |
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