Profit on FB today /.// Holy cow.. in the Green on FB.////
What a ride.....
Now.... it's still priced for perfection. So you now have to hope that it's on a roll and can keep up the revenues and growth.
I'm not trying to talk anyone into -- or out of -- a holding. But I know that companies like this can be "been there done that" in an instant. When or if the "kids" decide something else is kooler. Poof! They move on like a Chevrolet heartbeat. That's the big challenge with investing in this kind of stuff.
In the meantime -- a guy can hit a home run.... So who knows!
Here's a website everyone should be using..... be wary of being "sold" on some stock or another on sites like this.... but many sites have great "tools" which a guy can use from time to time.
This will show you the POWER of DRIP (dividend reinvestment) investing... so if you put in a symbol --- and just choose a time frame (say --- 2003 start and 2013 ending - which is a 10 year period) --- and this will come up with TWO CHARTS.... one (the top) showing you DRIP investing..... the bottom will show you without reinvesting the dividend.
IF you are still 10+ years from retirement..... I'd suggest you check the box that says to reinvest the dividends!
MO being one of my holdings, i just threw that in there from 2000 to now...
On 10k, with drip = $162k. W/o drip = $69k. Wow. Granted, it doesnt tell you how much cash you accumulated during that time. but still. (unless i missed it)
Good thing i Drip all mine already.
__________________
Albert
My Toy... is actually a 1973 Camaro LT and a '09 HD Dyna.
MO being one of my holdings, i just threw that in there from 2000 to now...
On 10k, with drip = $162k. W/o drip = $69k. Wow. Granted, it doesnt tell you how much cash you accumulated during that time. but still. (unless i missed it)
Good thing i Drip all mine already.
You wouldn't accumulate any cash -- because all the dividend payout would be used to purchase additional shares.
The key to that is it's an accelerating vehicle... the more shares bought... the more dividend collected...buying more shares... paying more dividend and on and on. That's why it works!
You wouldn't accumulate any cash -- because all the dividend payout would be used to purchase additional shares.
The key to that is it's an accelerating vehicle... the more shares bought... the more dividend collected...buying more shares... paying more dividend and on and on. That's why it works!
I mean with Drip turned off.. you'd have the dividend payments sitting on the sidelines collecting dust each quarter.
With drip turned on, yes, we're taking the quarterly div payment and buying more shares at the current rate (helping our dollar cost average)..
Now, I wrote that for the general public. I know you know what drip on/off is.. lol
__________________
Albert
My Toy... is actually a 1973 Camaro LT and a '09 HD Dyna.
I mean with Drip turned off.. you'd have the dividend payments sitting on the sidelines collecting dust each quarter.
With drip turned on, yes, we're taking the quarterly div payment and buying more shares at the current rate (helping our dollar cost average)..
Now, I wrote that for the general public. I know you know what drip on/off is.. lol
Yeah..... pretty much....
DRIP investing is a great way to really kick a portfolio in the bee hind.... It will automatically purchase shares for you... so dollar cost averaging is working (buying more shares when the price is low and fewer shares when the price is high).. but it's really the COMPOUNDING affect that works the magic!
It ceases to amaze me how many people are willing to look past the old "too good to be true" statement and hand their hard earned money over to some charlatan they've never met... all based on their own personal greed. Too greedy to think correctly and say "nah -- this sounds like a scam".
Brian Hobaugh SCCA National Tour June 2014
First Hemi 'Cuda Convertible Ever Built
Short clips: Goodguys Pleasanton autocross and pit videos
Hybrid Mode
