Investing 102

[GregWeld]

Originally Posted by mdprovee

Greg,

I wanted to let you know the help you and this thread have given me.

I made some changes yesterday on my account, and I am up 11.5% from a year ago. As an example...my AT&T went from $4900 at the start to $6000 yesterday. I know that was a great year, and I dont expect that always, but I will take a good year.

I owe you a steak dinner.

God bless America!


You don't owe me ANYTHING! Just knowing that things are working - or even NOT working - is good enough!

Yes AT&T has had a nice run - but that run is linked to all the new phones and iPad type devices that are coming on! I think AT&T would have been left for dead if they hadn't seen the move in the cellular market. And the market and the demands for speed and data are going to propel AT&T and Verizon to ever new highs.

They pay a great dividend - and have great cash flow... and are well run. What more can a guy want?

[GregWeld]

I used some cash to buy 2000 shares of Apple today.... It has dipped down... we're going into the 4th quarter - which means XMAS shopping will be in full swing - you have the new iPhone - perhaps a mini iPad - and I was just at the mall and the store (which they just quadrupled in size) was MOBBED.... by comparison - there was nobody in the Microsoft store except the blue shirted employees. This is the Peter Lynch way of investing...

I received 3 new iPhone 5's today -- they had been on order since the release date... I like the new look and feel.

The maps thing is still a hassle -- and has made me mad a couple of times... but I just downloaded the Google iPhone map app -- and that seems to work just fine.

If I can get 5% gain between now and Xmas.... I'd be happy!

Once again -- This thread is not about individual names -- and I'm not saying ANYONE should go buy a stock or sell a stock etc --- I'm just kind of blogging about what I'm doing and my thinking. I had posted previously about Apple (AAPL) and that maybe it's "over" as far as a big run from where it was -- but you have to keep an open mind -- and I see the stores jammed and people waiting to buy (pent up demand).... ya gotta rethink sometimes - thus my post today. We'll see how that works out.

PS: It is the only stock in ANY of my accounts that pays such a crappy little dividend -- so it HAS to have growth in the share price - or it gets the boot!

[GregWeld]

BTW --- The LTE is SMOKING fast compared to the 4G of the iPhone 4s....


It's like WOW! Fast.....


That's the only reason I upgraded - because I do lots of road trips and want the phone to be basically a laptop replacement and the speed DOES make a huge difference!

[GregWeld]

Originally Posted by GregWeld

I used some cash to buy 2000 shares of Apple today....

Guess I should have waited. The little man said "Greg's in! Take 'er down!"

I hate that little guy!

[Sieg]

I like it better when you drive down stocks I can afford.

[nicks67ca]

Originally Posted by GregWeld

I used some cash to buy 2000 shares of Apple today.... It has dipped down... we're going into the 4th quarter - which means XMAS shopping will be in full swing - you have the new iPhone - perhaps a mini iPad

From CNN money....
http://money.cnn.com/2012/10/16/tech...html?iid=HP_LN

They even set a day for the press event, with only 1 month before prime holiday shopping. It will be interesting to see how much cannibalization happens on the current ipad line up that starts at $399. I am guessing $199-$250 retail on the mini since that is where the market is on the smaller 7" screens. They need volume to replace any lost sales of the $399+ models at a 2:1 rate by taking market share, which they have 70% of it.

[GregWeld]

My Apple (AAPL) buy is looking a smidgen better after today's 15 point advance!

I'm busy just road trippin' in the new rig - and not checking stocks etc... or Lat- G much either.

I kinda like not hangin' on the computer all day like when I'm home or in the shed.

[Bucketlist2012]

Hope you all are doing well. I too have been away from my computer..

Hope to harass you guys again soon.

Mike

[bdahlg68]

Originally Posted by Bucketlist2012

Hope you all are doing well. I too have been away from my computer..

Hope to harass you guys again soon.

Mike

Up a ho-hum 1.3% today... Harass that! Today was one of thosre days... If you miss it, the year looks a lot different.

[GregWeld]

Originally Posted by bdahlg68

Up a ho-hum 1.3% today... Harass that! Today was one of thosre days... If you miss it, the year looks a lot different.

Spot on info! And very very true!