Thread: Investing 102
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Old 12-17-2013, 01:24 PM
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GregWeld GregWeld is offline
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Location: Scottsdale, AriDzona
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Quote:
Originally Posted by mdprovee View Post
My finance guy, Laura's boss, just told me we are up over 17% for this year. Couldn't have done it without you Greg, thanks.

Now we are concentrating on paying off bills, so we can save more.


Ummmmmm….. I fixed it for you…. I think I hope that's what you meant to say. HAHAHAHAHAHAHAHAHAHA

So good to hear BTW!!




Quote:
Originally Posted by 68ZClone View Post
Thanks Greg for all the help here. Although I don't post much, I keep up with this every couple of days.

BTW - just saw I received a 35% raise from 3M today! Even better, my cost basis is $75.55 (I've owned it since 2007 I think). At the new $0.85/qtr, my return is 4.5% just from the dividend!

I'm using my dividends from this and other positions to create new positions within my portfolio. Currently purchasing Duke Energy (my local utility, so I can keep up with the goings on) and PEP (I like that they have both snacks and beverages). When I establish ~$5,000 per each of these, I'll move on to establishing positions in other companies.

I use Scottrade and they are allowing dividends to be used to purchase any stock commission free within their new Flexible Re-Investment (FRIP) program.


Thanks for posting up -- because every day I wonder why I'm doing this? Not on a philosophical basis --- but because I wonder… is "anybody listening/reading"?


Then a new guy pops in -- like Lance -- and I go on a mission to help him understand…. or some guys like yourself tell me they're doing okay -- and I think FANTASTIC!! That's why I bare my soul in here!!
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