Thread: Investing 102
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Old 01-14-2015, 08:58 AM
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SSLance SSLance is offline
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I sold out of MCD several months ago at about what I paid for it. It wasn't until just the other day when I noticed their new ad campaign on TV that I went back to look at their chart since I sold it. Still glad I sold it.

And I'm happy with the rest of what I kept, plenty happy enough to own them for 10 years.

The DOW chart the last 5 days has been CRAZY.

On a side note, commodities... I know it's not talked about on here much, but I have some grain (corn and soybeans) from the 2014 harvest that I've stored until 2015 to delay the income tax on the sale. Watching the grain prices go up and down is VERY much like watching just the DOW...and just about as frustrating. The commodity traders are just like the damn equity day traders, for the most part they drive the price of grains up and\or down, only instead of earnings, news bumps, rumors, etc to spike or drop the prices, it's yield counts, cargo sales overseas and fund buying making spikes and dips for the traders to make money on.
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