Investing 102

[hifi875]

I was checking my home made mutual fund that i started creating on 2/1/12.
Started with a paltry 4k, not much i know, but as of today its up $625 with a 16.5% return. Not bad to me for not doing anything. I just need more money now.
With thanks to Greg for getting us thinking and DOING something instead of just thinking about it.

[GregWeld]

Fantastic!


Making money on your money -- that's what this thread is all about.


BTW -- NOBODY starts with a large pile.... you have to start somewhere... and just getting started is the best thing you can do!

[GregWeld]

Here's another "thought" about investing....


If you want to see what MAKING A PILE OF MONEY IN "Dividends/Interest" looks like --- IF any of you OWE money on your VISA/MASTERCARD.... just look at what they 'make' every month on what you owe.....

YOU should be making that -- not them!!



BE THE BANK --- Don't owe the bank.

[toy71camaro]

Originally Posted by hifi875

I was checking my home made mutual fund that i started creating on 2/1/12.
Started with a paltry 4k, not much i know, but as of today its up $625 with a 16.5% return. Not bad to me for not doing anything. I just need more money now.
With thanks to Greg for getting us thinking and DOING something instead of just thinking about it.

Wow! nice!! much better picking than what I did when i started early march. lol

[Bow Tie 67]

Originally Posted by toy71camaro

Wow! nice!! much better picking than what I did when i started early march. lol

I'm down less than 1% total, with some real " go getters " vs some laggards. But the important thing is I believe in the companies I own. Greg was oh so wise when he told us to research and get to know the company.

[GregWeld]

Originally Posted by Bow Tie 67

I'm down less than 1% total, with some real " go getters " vs some laggards. But the important thing is I believe in the companies I own. Greg was oh so wise when he told us to research and get to know the company.

Thanks Matt!


I started investing in the mid seventies.... so there is some "experience" in my bag. Over the years I've done a little bit of everything investment wise... and the biggest thing I've learned is the human psyche plays a key role in investing. Knowing what you own is critical when things aren't going so well. An investor can do his portfolio a lot more damage during bad times than he can make during good times... That happens when we sell LOW. When the weak hands get blown out.

2007/'08 and the recovery since then - is a perfect example. Those that blew out - lost money. Those that held - are back and making money.

[toy71camaro]

I'm generally hovering between +1% and -1% each day... but, not worried. I know they'll go up over the next 30 years. lol

plus, i'll sit and collect my dividend even while their "not moving" much.

[GregWeld]

The Schwab portion of my portfolio (the only one I use for info here) is

UP 4.44% Year to Date

UP 4.17% 3 months

UP 12.52% One year


NOTE:
I DO NOT re-invest the dividends or the performance would be higher. I don't re-invest because I'm retired and live off my dividends and interest.

[GregWeld]

Here's another good article on DRIP - Or Dividend Reinvestment...

I particularly love the "disclaimer" at the end...



http://seekingalpha.com/article/5066...ividend-growth