Investing 102

[68Cuda]

Originally Posted by GregWeld

MO paid a .41 cent dividend in 2012 -- just four scant years ago..... today's dividend is .61 cents per share - per quarter... AND since then (2012) it's share price has appreciated 132%

Now then..... let's fast forward your hypothetic retirement date..... out 15 years? 20? 25? What do you suppose they'll be paying "then"? And what percentage return will that look like when they're paying $1.20 per share per quarter and your cost basis in 2012 @ $27 bucks a share. And all the while back in 2012 when the share price was outrageously high P/E and the market was soaring and you were just certain you were paying the all time peak high price......


Yep - that's how ya get 'er done.

Still have my MO... keeping it thanks! Bought it January 2012 for $28.71.

I have some cash sitting in the 401k account, I am considering GPS. It is different than my other holdings in the 401 and I think they will be doing well over the next 5-10 years.

Attached picture is my current mix. HYH is a small amount, I received it when it was spun off from Abbott I think. The remainder are each somewhere between 7-10% of the total. Any comments about GPS or my mix?

[CRCRFT78]

I really need to get back into this and start taking it a little more seriously than I have as of late.

[JKnight]

Since Greg is the OP of this epic thread I'll address this post to him, but it applies to anyone reading.

In many ways it's a good thing that this thread goes dormant for weeks or months at a time. You've discussed how the key is to get invested in good companies and not worry about the weekly (or daily) turmoil that we see in the market. I consider the recent periods of silence in this thread to be proof that the mantra of 'time in the market, not timing the market' is working. That is one of the greatest lessons this thread has instilled.

[GregWeld]

Originally Posted by JKnight

Since Greg is the OP of this epic thread I'll address this post to him, but it applies to anyone reading.

In many ways it's a good thing that this thread goes dormant for weeks or months at a time. You've discussed how the key is to get invested in good companies and not worry about the weekly (or daily) turmoil that we see in the market. I consider the recent periods of silence in this thread to be proof that the mantra of 'time in the market, not timing the market' is working. That is one of the greatest lessons this thread has instilled.

Well.... This thread was started by WSSix (Trey) so we really should all be thanking him.

And you're absolutely correct.... The thread has ALWAYS been about great companies - dividends - and get in it to win it.

[JKnight]

Originally Posted by GregWeld

Well.... This thread was started by WSSix (Trey) so we really should all be thanking him.

Ooops! Reading comprehension fail...Props to Trey too!

[GregWeld]

Found this interesting "note" about Altria (MO) and another well known large company....

Remember - we like to keep track of fundamental changes - this isn't a fundamental change "per se".... but a significant stake in another company is something that should be at least noted but the shareholders. Will it be good going forward?? IDK - booze always sells - recession or boom times....


Just thought I'd post it is all.

http://www.wsj.com/articles/as-anheu...act-1476191713