Investing 102

[LS1-IROC]

Thanks Greg. The reason I brought up Coke was that it seems to be down as of late. I had just read an article about Coke stock and how it's a good investment for retirement. They suggested buying in at anything under $70 a share, which right now it's way under that.

[MoparCar]

Greg,
This post to me is one of the most useful---not always looking at the stock that turns down as a loss if you manage your buys and sells smartly over the long term. Also the FIFO information is again very simple but a very good reminder.

Thanks for all your "education".
Wes

[RECOVERY ROOM]

BRK/ B stock is a good long term, I've got faith in Berkshire. There in it for the long haul...They like Coke also among others. Like what has been said getting in is timing that cant always be seen or when to get out.

[GregWeld]

Originally Posted by MoparCar

Greg,
This post to me is one of the most useful---not always looking at the stock that turns down as a loss if you manage your buys and sells smartly over the long term. Also the FIFO information is again very simple but a very good reminder.

Thanks for all your "education".
Wes

Wes - I'm going to open my own brokerage!!

Can you tell I love this stuff??

[GregWeld]

Originally Posted by RECOVERY ROOM

BRK/ B stock is a good long term, I've got faith in Berkshire. There in it for the long haul...They like Coke also among others. Like what has been said getting in is timing that cant always be seen or when to get out.

My only problem with Berkshire -- what happens the day you wake up and the headline is WARREN BUFFET DIES

Not saying what that's going to look like - but it scares me to think that many people are invested "with him" - and not really in what they own. So I can own Coke on my own - without taking on the WB risk premium....

Sorry - that's just the way I think.

[GregWeld]

In hopes of setting the hook to get you guys started --- here's a snap shot of the DIVIDENDS I have been paid since July in just one of my accounts (and not trying to brag here or anything like that!) I'm just trying to show you REAL MONEY PAID == and all taxed at a maximum of 15%!

GET STARTED DANG IT!!!




Date Action Qty Symbol Description Price Amount Fees & Comm

Specified Transactions
12/15/2011 MCD MC DONALDS CORP
type: QUALIFIED DIV
$2,100.00

12/15/2011 ED CONSOLIDATED EDISON INC
type: QUALIFIED DIV
$3,000.00

12/15/2011 KO COCA COLA COMPANY
type: QUALIFIED DIV
$940.00

12/13/2011 JNJ JOHNSON & JOHNSON
type: QUALIFIED DIV
$1,425.00

12/09/2011 JNK SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF
type: ORD DIV - CASH
$1,230.37

12/07/2011 HYG ISHARES TRUST IBOXX $ HIGH YIELD CORP
type: ORD DIV - CASH
$1,921.54

12/07/2011 PFF ISHARES S&P U S PFD FUNDS&P U S PFD STK INDEX FD
type: ORD DIV - CASH
$1,077.79

12/02/2011 SBUX STARBUCKS CORP
type: QUALIFIED DIV
$510.00

12/01/2011 JPM+I JPMORGAN CHASE 8.625%PFDDEP SHS REPSTG 1/400 NON
type: QUALIFIED DIV
$4,042.97

11/29/2011 INTEREST 10/28THRU 11/28
type: MARGIN INTEREST
-$329.18

11/29/2011 SCHWAB1 INT 10/28-11/28
type: INTEREST
$1.84

11/15/2011 NNN NATIONAL RETAIL PPTYS REIT
type: ORD DIV - CASH
$1,347.50

11/15/2011 KRB+E M B N A CAPITAL 8.10%33TOPRS DUE 02/15/33
type: CREDIT INT
$2,531.25

11/15/2011 KRB+E M B N A CAPITAL 8.10%33TOPRS DUE 02/15/33
type: CREDIT INT
$1,012.50

11/14/2011 KMP KINDER MORGAN ENERGY LP UNIT LTD PARTNERSHIP INT
type: ORD DIV - CASH
$4,640.00

11/14/2011 EEP ENBRIDGE ENERGY PTNRS LP
type: ORD DIV - CASH
$5,325.00

11/09/2011 JNK SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF
type: ORD DIV - CASH
$958.28

11/07/2011 HYG ISHARES TRUST IBOXX $ HIGH YIELD CORP
type: ORD DIV - CASH
$1,841.88

11/07/2011 PFF ISHARES S&P U S PFD FUNDS&P U S PFD STK INDEX FD
type: ORD DIV - CASH
$1,232.43

11/01/2011 T A T & T INC NEW
type: QUALIFIED DIV
$2,580.00

10/28/2011 SCHWAB1 INT 09/29-10/27
type: INTEREST
$2.44

10/27/2011 NLY ANNALY CAPITAL MGMT REIT
type: ORD DIV - CASH
$6,000.00

10/17/2011 USB+L US BANCORP 7.875% PFD DEP SHS REP 1/1000 PFD D
type: QUALIFIED DIV
$3,521.91

10/11/2011 JNK SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF
type: ORD DIV - CASH
$934.30

10/11/2011 PM PHILIP MORRIS INTL INC
type: QUALIFIED DIV
$1,925.00

10/11/2011 MO ALTRIA GROUP INC
type: QUALIFIED DIV
$4,100.00

10/07/2011 MRK MERCK & CO INC NEW
type: QUALIFIED DIV
$1,710.00

10/07/2011 HYG ISHARES TRUST IBOXX $ HIGH YIELD CORP
type: ORD DIV - CASH
$1,883.93

10/07/2011 PFF ISHARES S&P U S PFD FUNDS&P U S PFD STK INDEX FD
type: ORD DIV - CASH
$1,206.47

10/04/2011 KMB KIMBERLY-CLARK CORP
type: QUALIFIED DIV
$1,400.00

10/03/2011
as of
10/01/2011 KO COCA COLA COMPANY
type: QUALIFIED DIV
$940.00

09/29/2011 SCHWAB1 INT 08/30-09/28
type: INTEREST
$2.15

09/28/2011 GEA GEN ELEC CAP 6.625%32PINES DUE 06/28/32
type: CREDIT INT
$2,484.38

09/23/2011 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
$50.00

09/16/2011 MCD MC DONALDS CORP
type: QUALIFIED DIV
$1,220.00

09/15/2011 ED CONSOLIDATED EDISON INC
type: QUALIFIED DIV
$3,000.00

09/13/2011 JNJ JOHNSON & JOHNSON
type: QUALIFIED DIV
$1,425.00

09/12/2011 JNK SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF
type: ORD DIV - CASH
$505.72

09/08/2011 HYG ISHARES TRUST IBOXX $ HIGH YIELD CORP
type: ORD DIV - CASH
$1,971.75

09/08/2011 PFF ISHARES S&P U S PFD FUNDS&P U S PFD STK INDEX FD
type: ORD DIV - CASH
$1,243.93

09/01/2011 JPM+I JPMORGAN CHASE 8.625%PFDDEP SHS REPSTG 1/400 NON
type: QUALIFIED DIV
$2,964.84

08/30/2011 SCHWAB1 INT 07/28-08/29
type: INTEREST
$3.76

08/15/2011 NNN NATIONAL RETAIL PPTYS REIT
type: ORD DIV - CASH
$1,347.50

08/15/2011 KRB+E M B N A CAPITAL 8.10%33TOPRS DUE 02/15/33
type: CREDIT INT
$2,025.00

08/12/2011 KMP KINDER MORGAN ENERGY LP UNIT LTD PARTNERSHIP INT
type: ORD DIV - CASH
$3,450.00

08/12/2011 EEP ENBRIDGE ENERGY PTNRS LP
type: ORD DIV - CASH
$3,195.00

08/05/2011 PFF ISHARES S&P U S PFD FUNDS&P U S PFD STK INDEX FD
type: ORD DIV - CASH
$636.99

08/01/2011 VZ VERIZON COMMUNICATIONS
type: QUALIFIED DIV
$2,925.00

08/01/2011 T A T & T INC NEW
type: QUALIFIED DIV
$2,580.00

07/28/2011 NLY ANNALY CAPITAL MGMT REIT
type: ORD DIV - CASH
$6,500.00

[CRCRFT78]

With the exception of Todds (Payback) post/view count and Jasons (War) one man show on fabrication, this is the best thread on Lat-g right now.

[Vegas69]

My thread is a painful reminder of what not to do financially.

[Sieg]

Originally Posted by Vegas69

My thread is a painful reminder of what not to do financially.

Payback isn't paying you back?

[CRCRFT78]

This thread has definitely lit a fire under my ass. I've had an interest in handling my own investments/retirement after checking on my 401k about 4 years ago and seeing that it took a 50% loss. I've read a few books and have talked to some "professionals" (I use that term loosely because I really didn't feel as if I gained much by talking to them) and not one has broken it down into something I can relate to or truly understand. Greg, I feel that your explanations have helped me too really see the BIG picture and understand in the simplest form where I need to start and what I have to do to get going. THANK YOU.

And to the other contributing members, your information has also helped me to realize that there are other areas that are worth considering if stocks aren't your cup of tea. 2011 was an eye opening year for me after losing my house. Although I have never lived above my means I feel I can definitely downsize even more and get back on track and make 2012 a positive year both financially and personally.

Truly a must read thread for anyone looking to step up their financial game.