Thread: Investing 102
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Old 03-30-2016, 04:33 PM
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GregWeld GregWeld is offline
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Join Date: Jul 2005
Location: Scottsdale, AriDzona
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I'm so happy for each of you! Investing IS NOT easy.... it takes a lot of patience, and research, and soul searching. If I've helped one person change their view of their world - then we've all won! I'm glad so many of you are still participating! I thought maybe everyone had given up at the first "dip"! Thank god you have not!!





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Originally Posted by SSLance View Post
I've just been sitting back and smiling Greg...nothing really to talk about.

BTW, my account balances hit an all time high Monday and I haven't added funds to them in many years. And I'm still only about 50% invested. I know I know, I should have bought some more while they were on sale...but I'm sleeping well at night and did all the way through this last dip.
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Originally Posted by MX145 View Post
I hope you guys continue to post as this forum has been a great place to learn.
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Originally Posted by Vegas69 View Post
I'm still buying every single month with no concern about market changes.
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Originally Posted by im4u2nvss View Post
Thanks again for all the efforts that have been, and I am sure will continue to be put into this awesome thread. Some of the info is on repeat, but that really helps etch the principles into a persons mind(like the common mistake of naturally wanting to sell low instead of buying more shares at a discount). I have referred this thread to at least six coworkers and family/friends, and the few that really listened to it, are being reworded(and thankful).
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Originally Posted by CRCRFT78 View Post
I haven't had any available funds to purchase any new shares but everything is moving in the right direction after being in the red for some time. ATT (T) has finally hit its stride after sitting idle to +16%, KMI is now only -40% after being as low as -55% and everything else is slowly chugging along. On another note, I watched The Big Short the other night. Does that count as doing some investing research lol.
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Originally Posted by ironworks View Post
What is just my luck is 2or 3 months ago I had to sell this portion my mom had left for my sister and I ten years ago. I wanted to sell the stock and move it over to one account that was not thru the mail and not completely separate of my schwab account. Well that of course took like 45 or more days to get handled. And of course it gains nearly 20% while I had to go thru all the channels. HAHA figures.

But my Racecar money has done well. Thanks Greg.
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Originally Posted by LuxurySportCoupe View Post
I'm roughly 400 pages through this thread, lol. It has inspired me to take control and have a better understanding of my own finances. I had started a Roth IRA a few years back, but the broker I was with only offered mutual funds, so the performance was lackluster to say the least. The paperwork is being processed right now to transfer that Roth over to Schwab, so I can at least control what I'm invested in.

Also, I was browsing google finance and found this article. http://www.seattletimes.com/business...ch-10-percent/
Not trying to say buy or don't buy, but it's a good example to think about, is their stock going on sale, or is this a fundamental change?
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Originally Posted by mdprovee View Post
Greg,

I want to thank you for your effort in this thread. Because of you, and your advice, this month we will have paid off all of our credit cards, approx. $15,000 in about 2 years, and started saving more money per month. On top of our retirement account getting better. It has been tuff at times, and no car parts until we can pay cash for them, but we are on our way. Thank you again.
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Originally Posted by WSSix View Post
Just like Lance and Todd, I'm sitting back and watching things progress. I'm in pretty much all the stocks I care to be in at this point I think. For me, it's just a matter of continuing to add to current positions and keeping an eye on them to an extent. I only have a few gambles that I watch more earnestly than others.

I'm certainly glad other people have benefited from this as much as I have. Thank you all that have been a part of that.
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