Investing 102

[camcojb]

Originally Posted by solarguy09

Hope not to cause problems....That would not be good for me...

I guess time will tell, but I hope I did the right thing.

I was kidding. NastyZ28 is a great site, and the info in this thread is worth sharing.

[Bucketlist2012]

Originally Posted by camcojb

I was kidding. NastyZ28 is a great site, and the info in this thread is worth sharing.

Thanks...I thought it was worth sharing to get the few that will use the info, these great tools..one is this GREAT thread...

So thanks..

Love Cars, love Money, love Good friends..

[WSSix]

Wish I could update saying I have purchased my stocks but no such luck. I'm being worked into the ground at present. Hopefully soon I'll have enough of a break to be able to regain my mental fortitude enough to make important decisions.

[Bucketlist2012]

Originally Posted by WSSix

Wish I could update saying I have purchased my stocks but no such luck. I'm being worked into the ground at present. Hopefully soon I'll have enough of a break to be able to regain my mental fortitude enough to make important decisions.

I went back to when you started this wonderful thread..

It has only been a couple of months..

I was glad to see that..It has not been that long...

If it had been a year or two, i was going to come back and SCREAM..

But you started this thread, and any motiivation we can do to get you going, we will...

You have the tools from Greg, and other studies. Now you just have to make the leap.

Man, I did it in 2009, and even still, i do it.

I fell you, when I did it, my thoughts were swirling in my head, should I ? Then when I decided to, I still put it off...Because I knew the future if I did nothing.

The rest was unsure.. I still think we will have LARGE tests of a mans fortitude to stay in this game..

As you are buying in , maybe dollar cost averaging, those will be times to buy cheap.

I think 2012 could go any way....It could be as Crazy as 2011, It could start the slow climb up, or we could get wacked big time.

But no matter what, i am glad I did. Get some rest and get er done..

[GregWeld]

Well -- I know we still all thank you for starting this thread! It's been very gratifying.

To those that are still on the fence -- or hear the TV talking heads proclaim "the market is high and now is not the time to buy" --- or --- the predictors of giant market falls. I'll ask you to do this simple mental exercise:

Go back to the charts - 5 year - 10 year - and look at the line from left to right and then (other than the gigantic '08/'09 dip) ask yourself when was the "right time" to have waited to get in?

Obviously anyone that bought in the big dipper.... got a nice reward - but for most all the stocks that we'd pick using the info in this thread -- they're all higher NOW than they were before the big dipper... so if you bought in '07 at the very peak - you'd still be ahead right now. Now to top that off, you'd also have collected 5 years worth of DIVIDENDS...

This is a game that can't be played from the sidelines.

[Sieg]

Originally Posted by WSSix

Wish I could update saying I have purchased my stocks but no such luck. I'm being worked into the ground at present. Hopefully soon I'll have enough of a break to be able to regain my mental fortitude enough to make important decisions.

This works great for me:
http://content.schwab.com/mobile/ind...nInvesting_Mag

[GregWeld]

Sitting in Scottsdale waiting for my wife to finish her walk.... I decided to check on my Schwab account to see if there was any "useful" information I could add to the thread...

This account was started (opened) around January 2011 with "new" money... and yeah -- it was a tidy sum -- but that has not been nor should be the point here... my point is that even with a sizable investment of new cash which all needed to be put to work.. there are ONLY 21 positions all of which are "new" investments.

So I went to the Schwab page that shows "unrealized" gains/loss. There are 21 positions none more than 18 months old... so all bought in this "rising" market.

Of the 21 positions:

4 have a capital "loss" --- the highest "loss" (red number) is $1246.00 on a $200K position. The smallest is $474.00 on a $60K position (1000 shares of Coinstar just picked up a month ago after earnings report).

Now... that leaves the gainers:

A $94,000.00 gain in Phillip Morse (PM)... to the smallest $22.00 gain in Verizon (VZ)

The account is UP $509,000.00 as of Fridays close... and I've been receiving dividends which ARE NOT reinvested. If they were I'd be up much much more.

So if you'd have just put in $10K at the same time - you'd be up at least 6 or 7% and you'd be up MORE if you'd reinvested the dividends.

So this is back to my earlier post -- that you can forget all the TV talking heads telling you this that and something else. Only one out of 21 positions is speculative (the 1000 shares of Coinstar). All the rest are just good names countered with some higher paying dividend payers (Annaly - NLY) and a couple corporate bonds.

So here's another point - which is Investing 102. Even if the market goes DOWN from here... I'm still getting dividends (almost $400K per year off this account) and it would have to go DOWN $500K to get me back to even! And it may very well do that... but it will - over time - go right back up and continue to make that relentless march UP on the chart that these stocks have done for many many years.

[Bucketlist2012]

Yes Sir.

Like I said, the balance can fluctuate up and down, but the INCOME stream is still happening due to.....DIVIDENDS....

Greg is right as usual..

For me, the fluctuations in 2011 were LARGE on those days of 400-500 up and down.

The shaking the tree, I told my Wife... She is in charge of other large assets and she was ready to bail...

I told her look what i have done so far ...trust me....And here we are, most of my car built, and her with a new toy, all Paid by......Yep, Dividends..

AND the account is still UP...

When I say LARGE, I don't mean Greg LARGE, haha, but you get the point..It works with everything.

I still have people on the sidelines from 2008 ?????? WTF....

I can lead them to water...

The best line....I get dividends of 400K no matter what....I am still laughing.....My mind is boggled, but i am laughing because that is the way it is done.

You see the wealthy people know that they are entrusted with a great responsibility NOT too blow it all.. By using the money to make money and spending roughly the profits of that money, you secure an entire future...Your's and beyond..

I have said to those that follow, you can continue the legacy by following that simple rule, or blow it and have stuff you need to sell and be broke...I won't be around for those decisions. Only the one's now.. Look at the 3,5, and 10 year returns...Get busy now....

I have some skills, and you can bet, WHATEVER skills I have, I am using them..

For me, if when I do things, I am always trying to do it the best as possible. Such a Dork.
But even when I fall short, It is way farther than those on the sidelines.

Fear can be your Counselor, or your Jailer....Do not let Fear be your Jailer..

Show up .. ahead of 80% of the people.

Show up on time...85% of the people.

Show up on time, with a plan....90% of the people.

Show up, on time, with a plan, and put it into use, being ready to adjust along the Way ??? Ahead of 95% of the people..

I have figures...Sometimes not investment one's, but you get my point...

[ErikLS2]

Greg,

I've been thinking about Coinstar and wondering what you like about them? There's a lot more to them potentially than RedBox (which will be going away eventually) and change counting machines. The question for me is can they capitalize on all this growth in other types of kiosks I seem to be noticing all over the place.