Thread: Investing 102
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Old 06-29-2012, 07:03 PM
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GregWeld GregWeld is offline
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Way to go Albert!

McDonalds will recover its former glory... and they're paying you to wait for it to do so... I was red in the name - after having huge gains in it - until this week when it went barely green... but I'm okay with the ups and downs of the market - those dividends are the true green!

The other day I was trying to show a buddy how to invest some new found money he's coming into... and I showed him a a "red" holding - it was down 4 or 5 grand... BUT then I showed him that they'd paid me 14 grand during the year. He got it!

I showed him that the gains nor losses are realized until you sell... and I don't plan to sell 98% of my holding any time soon.

On another note -- I have some (a years worth) bonds coming due between July and December.. so that money is "usually" rolled over into the next year out (in this case 2019 bonds) -- but my broker called and was trying to sell me on a couple and get this -- these were going to pay 2%!!! No growth in capital -- and 2% tax free.... until 2019! NO THANKS. I think he's fired. I can get 3% in McDonalds... and they'd have to be at the 30% income tax rate to get me down to 2% net...
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