Investing 102

[XLexusTech]

Originally Posted by toy71camaro

Good update!


Personally, my "investing 102" stocks are:
CVX
KO
KMB
T
ED
MO
MCD
NLY

All (except MCD, NVS, and PFE) were purchased with the same initial investment amount, so i am spread pretty much across the board evenly (MDC is 1/3 less than the rest, as i really bought that before i ran into investing 102, but was already starting down the dividend path on my own.)

My list.
ADX
AYN
COKE
JNJ
KO
MCD
MUI
NBH
VOD
XOM

[glassman]

Great info guys!

Agree with 99%

Had a "gut" on Facebook...

The "Peter Lynch" school of thought still holds true. Newbs, find a book, published I believe in 1987 called "one up on Wall Street". His investment advice is very much of the "Chipolte" model we've seen, if there is a quality product, it will most likely do well...

I am late to the game here, just found this site from this thread linked on pro-....., great stuff.

Mike

[glassman]

Should also mention, since you cant tell by my sig, am very much a "car" guy. Have a 70 SS/RS Cam, couple of bikes and a pretty bada...boat i've rebuilt twice.

Being frugal has got me this far, not cheap, frugal. Recognizing good deals in an area of interest helps from the hobby side. Got my Camaro "totaled" 22 years ago and just finished the first phase (built a few other cars on the way and built a business and raised three very good kids) and got the car for "free" back then. Got the boat for 750$ back in '90. Both are worth quite a bit today, but I enjoy the "elbow grease" with some of my toys. Not all toys loose money, but I dont see them as an investment either...

Mike

[GregWeld]

Good for you MIKE ! And WELCOME to LAT-G!

[Flash68]

Originally Posted by glassman

Not all toys loose money, but I dont see them as an investment either...

Mike

That's a great statement Mike and welcome.

[GregWeld]

Ah.......... the true beauty of dividend investing.... you can travel and never look at or read about what the market is doing... Just go about your life blissfully carrying all the bags of crap for your wife...

[GregWeld]

Here's an interesting take on Facebook (FB) === and is the reason I originally stated that I would NOT buy the shares. I did buy some on the IPO @ 38 - but promptly sold them for a loss once it was clear the IPO was an epic fail...

I've always said this kind of stuff is nothing but a fad. I can't own fads because I can't understand them nor can I predict their future/failure. Failure doesn't mean ZERO -- it just means that longer term they're irrelevant based on what everyone THOUGHT they'd be.


http://www.latimes.com/business/la-f...,5676320.story

[XLexusTech]

Originally Posted by GregWeld

Here's an interesting take on Facebook (FB) === and is the reason I originally stated that I would NOT buy the shares. I did buy some on the IPO @ 38 - but promptly sold them for a loss once it was clear the IPO was an epic fail...

I've always said this kind of stuff is nothing but a fad. I can't own fads because I can't understand them nor can I predict their future/failure. Failure doesn't mean ZERO -- it just means that longer term they're irrelevant based on what everyone THOUGHT they'd be.


http://www.latimes.com/business/la-f...,5676320.story

I am still faithful it will pan out. I have 150 shares @ 38. Long on FB. would be happy to make a few bucks and at least feel like i learned something.

One other basic investing strategy is to look for tax advantages. Do you have any thoughts on how to leverage tax exempt investments? I look for tax free Munis but that all i know about.