That would be a really well rounded group of investments Steven… Kudos to you in what you have already and what you plan to add.


See! This really isn't difficult is it. That list contains 100 names = too many to hold unless you've got a couple BILLION…. 20 to 25 for a normal person is a good base. Too many and you can't keep track -- too few (okay to start with) and you don't have enough diversity. And when you hold the best of the best - you sleep well at night even in down markets. And that's the place you need to get to. The rest will take care of itself.

another nice thing is the dividends are redistributed....nice and easy. :thumbsup:

Tesla (TSLA) seems to be one of these other "priced to perfection" lessons. This is why at my stage of life I DO NOT buy these kinds of stocks. Yet for the younger guys with time on their side and the desire… sometimes "events" like this in a stock are the opportunity to get in.

Nobody should buy stocks like these unless they really really understand and acknowledge that they are very high risk. They can have very high rewards - and or they can blow up before your very eyes. If you don't have the capital (whatever that number is) and you don't have the stomach to ride these kinds of stocks (wild ponies really) then stay out of them. If you DO have - just remember "buyer beware".



Right now -- it's more fun to be at SEMA… and not watching the stock market - and that's why I invest the way I do - and just get the dividends. :>)

Greg, I want to thank you for the time, effort and knowledge that you have put into this thread! I am a 31 year old who has made plenty of mistakes over the years with my investments and have been trying to change my way of thinking. Keep it up, you are my financial hero!:king:

thats the difference between an investor and a day trader

Tesla fell off the table. I'll be interested to see how it plays out. I don't have much love for Elon Musk combined with no dealer support....

I havent heard anything negative besides the new car fire due to a collision. maybe he bought another rocket?

wow. Twitter with quite an IPO.

People that use this product really seem to like it. Me, dunno, dont use it so didnt make a buck on this one.

edit, ummm CNN said it went up 75% today, i just heard other wise on the CBS news. Too confusing. Always double check your sources?

I've just started using twitter. its actually a really great interaction tool.

That being said. I didn't have the money to gamble. LOL

The initial IPO i think was $28. that's what the initial people got. But I read the first sale on the "open market" was for around $48. So unless you got the inside scoop on the IPO price, you didn't make out like a bandit. yet, anyway. Only time will tell.

however, they haven't been profitable. So like Facebook, I'm curious to see what they do to become profitable. Obviously Ad's, but they've got to figure something out that doesn't overwhelm the user base with nonsense adds and drive people away too.

exactly....not a good investment till they start making money. You'd think people would have learned from the Faceplant fiasco.