30 years ago that's about all I got too.....



Look what you have to look forward to! :D

yeah... we all gotta start somewhere. :)

I do have just a tad over 30 years before I retire anyway. I gots some time.

:D How do you guys sleep at night investing in a company like that?

So seriously -- Gwen and I HATE HATE HATE smoking.... it's just a disgusting habit. And of course - as many know here - I haven't had a drink for 29 years now.... (quit at 31 and just turned 60 -- oh yeah - I quit smoking at 21 and took up drinking!). We're in europe and EVERYONE there smokes --- and she starts bitching about it... and all I said was "honey -- you should hope they KEEP smoking 'cause they paid for your trip!"


HAHAHAHAHAHAHA

It was on my buy list and Kelli talked me out of it this round. We both hate it with a passion as well.

Haters will hate and profit takers will take. :D

I just noticed in my portfolio that holdings with dividend reinvestment position programs have some listed as Long and others listed as Short. Anyone have a quick explanation as to why this is. I plan on looking into this but I'm standing on the freeway dodging traffic working.

I used to subscribe to the statement "nobody ever went broke taking a profit".... but then I realized that now I have the cash -- but now need to invest it - which usually meant just buying some other stock which has also already gained in share price. Now I have to pay taxes on the gain - and I've raised my cost basis.

I've learned to "trim" rather than just sell.... which means -- let's say I have 1000 shares @ cost basis of $50 a share.... it's now $60 a share which means I have 10K gain. IF I need the cash for something -- I'll sell just 100 shares and hold the 900. I don't do this very often - and usually reserve those trimmings for when I have a really outsized gain... and have my eye on some other investment *use for the cash gain*.


What I've "learned" is that I feel better long term about my NET WORTH growing --- and NOT paying taxes --- and just collecting the income and living within my means and only spending the income rather than the income and the "gains". Taking the gain only felt good temporarily - kinda like a drug addict - then there was the downer that came afterwards which was the tax due - and the "stress" of having to buy some other investment with it. Now I pretty much just let it ride.

When I was in "sales" ---- there were customers I couldn't stand but had to work with anyway. I justified it mentally by thinking that there's one way to get even with them - and that was to sell them something. Made it all mo beta.


People are going to smoke - and they're going to drink - so I might as well make money off them. It's called "laughing all the way to the bank".

Its like gun stocks also.
I bought RGR at $55 and all the teachers union pension funds started dumping it cause of the mass shootings. Its value dropped to $40 I bought more on the way down. All while collecting some nice dividends. Now its $67.
I hope those teachers unions bought JCpenny.