As I sit here on the balcony of my room overlooking the Pacific Ocean... and listening to the relentless pounding of the surf... Reading the latest "market news" I saw a news line about Coke (KO) raising prices - which lead to a quarterly earnings beat. Of course I had to go read this and check the price action out. A nice move today on a $42 stock. Nothing earth shaking - no doubling.. just a move in the way the surf does... a little up and little down -- the surf struck me as the way the market works. Sometimes storms make bigger moves - some days are strikingly calm... but it's always moving.
Going to KO chart -- It's UP over 60% in five years - shows a 2 for one split - pays over 3% dividend. 60% over five years is a very nice steady surf like growth in your money. What's more important is that you most likely won't wake up one morning to find half of your money gone in an instant. Very comforting... owning it won't get you bragging rights at the office water cooler... but you might retire quite nicely one day and join me on the beach. Fat and happy. LOL
Just for fun I overlayed the latest market darling.... GoPro (GPRO). No question about it -- had you bought at the IPO price... you'd have a nice QUICK gain of 38% in about a 6 month time frame.... no dividend payment... you must rely on it to continue to expand it's already lofty P/E.... If it can grow the earnings - your price will MAYBE expand. In the meantime you've been on a huge roller coaster. Nothing wrong with the roller coaster ride IF you can stomach it. That is for you and you only to know. Your time line - your confidence - your stockpile. I am not advocating either stock or either way of investing... and the best bet would be to perhaps own a little of each once you're in the comfortable position of feeling secure in your base holdings.
To be sure - my statements about what I'm doing - or my personal positions are to GOAD you all into raising your game. It is NOT bragging - nor is it meant to stick my tongue out at you. Think of it more as a build you're watching - If you're watching Stielow build his cars - you should want to emulate and learn from what he's doing. Money is the same way - or should be... but nobody ever talks about "that"! Investing is like building your skills and building a car... you learn from others - you aspire to be like that guy... or have a car like that.
Last edited by GregWeld; 02-12-2015 at 10:42 AM.
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