Thread: Investing 102
View Single Post
  #3  
Old 07-16-2012, 01:01 PM
GregWeld's Avatar
GregWeld GregWeld is offline
Lateral-g Supporting Member
 
Join Date: Jul 2005
Location: Scottsdale, AriDzona
Posts: 20,741
Thanks: 504
Thanked 1,080 Times in 388 Posts
Default

Funny about how all this works -- which is what I'm trying to share with everyone.... It's really just an experience thing -- not a "I know the market is going to do X tomorrow..." I'm going to tell you -- I have no friggin' idea what the market is going to do. If I knew that - I'd be rich!

What I do know -- is that when I look at this Schwab account -- which is roughly 2 years old (it was new money at the beginning of 2011 but I sat on it for 6 months before doing anything) is that I'm up 10+% in value -- and I'm getting about 5% average dividend payout on top of that...

Comparing this to the CD's - Mutual Funds - Treasury bills - My own Muni Bond account.... I'm killin' 'em. Will it last? I have no idea.... but I know I'll continue to collect cash every quarter from the dividends -- AND THAT is what I invested in... the 10% (if it holds) is just gravy.

Reply With Quote