Investing 102

[Sieg]

Originally Posted by GregWeld

I chalk that one up as "the one that got away". What a huge miss on my part...


Ya just can't own 'em all -- at least that's how I justify that mistake.

Up 35+% since January, pays no dividend other than that whimpy gain.

Think I'll buy 1 share just for portfolio bragging rights. LOL! Yeah I own Google.........How many shares do you have?.......Uh, enough to make me happy............if it splits a few times!

[toy71camaro]

1 bought $25 worth back in like 2006 when it was roughly $550 share. Which is like .04 shares worth. lol

It sat stagnant around that $550 price for a long long time (last year and a half or so). Its now worth $46. An 85% gain.

I also bought $25 worth of Apple at that same time. It was roughly $140/share. Its now worth $100 for a 261% gain. lol (was quite a bit more earlier this year when they were in the $600-700's).

But, all in all, even with those large gains, its not worth it to sell em. It'll be a large % of the gain in the selling fee ($8?ish) and have to mess with capital gains tax. Not worth it for a 85% ($10 gain) lol.

BUT, I can say i own some from "back in the day".

[mdprovee]

I had purchased Apple and Google at the same time. Both at around $600. Google is definately making up for my Apple.

[GregWeld]

This is why investing is so interesting -- and is so variable. I would tell a young guy (younger) to invest in some Google or Apple or similar type stock if they were so inclined.... For "retirees" like me -- they're non-starters because you're just depending on the growth in capital. Then in order to get any "income" out of them you have to sell... selling creates tax issues (short term or long term capital gains).


I'm glad you guys own some. I cashed out of my Apple when my wife retired 3 or so years ago and we then switched all of our investments to create income. I still love tracking these kinds of stocks though. I just don't buy them.

[Sieg]

These are the emails I enjoy receiving at 5 am:

Indices Price Performance for Stated Period
Market Benchmarks 3rd Quarter, 2013 1 Year 3 Year
Large-Cap Stocks +4.69 +16.72 +13.79
Small-Cap Stocks +10.21 +30.06 +18.29
International Stocks +11.56 +23.77 +8.47

Fixed Income Benchmarks (Treasury Yields as of 09/30/2013)
5-Year US Treasury Note +1.39
10-Year US Treasury Note +2.64
30-Year US Treasury Note +3.69

[GregWeld]

You should only really gloat IF your portfolio BEAT those benchmarks.... otherwise - you're just "average". HAHAHAHAHAHAHAHAHAHAHA



This last three years the stock market has been like shooting fish in a barrel. Which actually kind of worries me. Things have a way of seeking their natural levels (or averages). But then I fall back on the fact that even if the share price s drop - my annual income shouldn't. And for those reinvesting the dividends that means they're buying more shares so in the long run that would be a good thing.

[Tony_SS]

Don't look now but Bitcoin is $200.... RUN! lol.

I suspect manipulation again - since the fall of Silk Road did not bring it down, they are inflating to price to try and crash it like they did before. My personal theory there.

Pass the popcorn...it'll be fun to watch what happens to the price. Knowing BTC users, they aren't going to be cashing out anytime soon, if ever.