Investing 102

[GregWeld]

Originally Posted by toy71camaro

duh! why didn't I think of that. That's the little piece of the puzzle i was looking for.

That's what I'm here for!

[WSSix]

Oh, I'm not worried. I just found it funny that I was comparing those two and, like the little man that makes the stock go down right after you purchase, I end up choosing the one that doesn't separate into two companies.

Honestly not sure about the other companies but Marathon is also two "separate" companies. Marathon Petroleum and Marathon Oil. Same situation, one's upstream and the other is down stream.

I ultimately chose Oxy anyway because I do so much work for them and am aware of what they are trying to do which is expand production and cut costs. I think they'll do just fine.

[GregWeld]

Originally Posted by WSSix

I think they'll do just fine.

So do I - and the past shows they have done just fine.

[96z28ss]

Well I entered the market. I took some money I had in a 401k and rolled it over to a self directed IRA. Just incase you were wondering thats why the market is down today! LOL

[GregWeld]

Originally Posted by 96z28ss

Well I entered the market. I took some money I had in a 401k and rolled it over to a self directed IRA. Just incase you were wondering thats why the market is down today! LOL

BUTTHEAD!

[toy71camaro]

Speaking of oil companies...

they are all taking a hit today... that puts CVX down 7.5% for me...

Debating whether or not to take the few hundred i have saved up waiting to reach 1k for my next purchase, or use that to buy some CVX on sale.

I'm in CVX for 1k (@ $110.10/share).. and have $416 ($7 commission for trade) waiting to be used (was saving it for my next 1k purchase). Not sure if its worth it or not.



On a side note.... 4/10/2012 DIVIDEND DIVIDEND:MO = $13.57

[96z28ss]

sheesh maybe I whould of waited a week

[96z28ss]

Originally Posted by 96z28ss

Well I entered the market. I took some money I had in a 401k and rolled it over to a self directed IRA. Just incase you were wondering thats why the market is down today! LOL

04-09-2012, 09:36 AM
I entered the Market and posted here on that date and time. On page 129.
Taking what Greg has preached on this thread. INVESTING and not gambling.
I have made a gain of 15.5% in one year.
I'd like to thank Greg and Everyone that has filled this thread with great valuable information.
By the time I'm 70 years I can retire and travel around with Greg in our Hot Rods, I'll be pushing him around in his wheel chair when that happens though.

[dhutton]

Originally Posted by 96z28ss

04-09-2012, 09:36 AM
I entered the Market and posted here on that date and time. On page 129.
Taking what Greg has preached on this thread. INVESTING and not gambling.
I have made a gain of 15.5% in one year.
I'd like to thank Greg and Everyone that has filled this thread with great valuable information.
By the time I'm 70 years I can retire and travel around with Greg in our Hot Rods, I'll be pushing him around in his wheel chair when that happens though.

Although I am older than the guys targeted in this thread I have also learned some valuable lessons here that will not only enable my wife and I to retire with a larger nest egg but also make that nest egg go a lot further when we do retire. Sincere thanks to Greg and the other contributors. You got me off my complacent butt and really thinking about investing and generating a decent return. Of course the market over the past year and a half has made this easy but I am determined to stay the course.

Thanks again,
Don

[Bucketlist2012]

Did I just read that Bitcoin went from 266 to 150 in one day ???

I don't follow or own it, but man that is a crash for sure..