Quote:
Originally Posted by GregWeld
My 10,000 shares are UP $131,030.00 in VALUE. It pays me $20,800.00 on an annual basis. That's not "huge" as far as dividends go... but what I like about it (the stock)... I never go to sleep or wake up fearing what it's going to do. Yet here it is... UP (over time!) $13 a share (my cost basis is $41.63). And it's paid me 20 grand a year on top of that.
I ask you ---- you see anything wrong with that?? LOL
That's the kind of BASE you need to build... 10 great steady eddies that just silently march ahead. Once you have that base - then you can step up and play with GoPro and Twitter and whatever comes along the talking heads are talking about on todays show.  |
I have a recently switched to focusing on this type of investing over the 401K plan I have been using since I got out of school 10yrs ago, so I appreciate the guidance.
I understand how to calculate my cost basis mathematically, but it just gets messy with auto div reinvestment over a dozen different stocks each month/quarter. I am doing as others have with keeping a running total with averages in excel. How do you keep track of your investments to know your cost basis is $41.63 per share?
Thanks