Investing 102

[GregWeld]

Originally Posted by Rybar

Spent a bunch of time reading the thread and researching some companies. Have a list together now of stocks I'm going to buy once I dump my Mutual Funds out the window. Thanks for all the help and suggestions everyone, this is really interesting stuff, to research and learn and hey if you can make some money doing it that's a bonus.

Yeah -- there's probably a few to many posts -- but it's okay.... unless you're trying to catch up!!

Go get 'em!!

[toy71camaro]

Greg.. do you use "F.A.S.T. Graphs"?

Was reading a bit about them this morning, from an article on SA.

I guess it might be a step above Investing 102 tho. lol.

[GregWeld]

Originally Posted by toy71camaro

Greg.. do you use "F.A.S.T. Graphs"?

Was reading a bit about them this morning, from an article on SA.

I guess it might be a step above Investing 102 tho. lol.

No I don't. I really don't use anything like that. I read a lot - I pay attention - I watch CNBC - but mostly I only invest in stuff just like I've been preaching here in Investing 102. Other than BONDS which are held in a smallish brokerage where I have a SVP handle that part.... I do my own stuff. But I've been doing this since the late 70's... and I own an apartment complex and some commercial real-estate. I'm really a pretty simple guy with pretty simple investment strategies. It's the experience of having lived thru many different kinds of markets that has taught me to just buy great companies - collect the dividend - kick back and enjoy life. I don't like to make it too complicated. So far - it's served me pretty dang well.

[toy71camaro]

Just curious. from what i can tell, its just another "aid" to help decide when to pull the cord on a stock based on its current price vs its average price (ie. is the stock on sale today or overpriced).

Not a bad idea if you've got your eye on multiple stocks and waiting for the funds to purchase them. Like i am. 1k at a time. It might persuade someone a little bit to buy X stock this time around vs Y stock as its historically 10% cheaper than it averages... or something along those lines anyway. lol

[Rybar]

Originally Posted by GregWeld

Yeah -- there's probably a few to many posts -- but it's okay.... unless you're trying to catch up!!

Go get 'em!!

Mainly catching up. Thanks for all the help so far the prospect of making some smart moves now that will pay down the road is very intriguing.

[GregWeld]

Originally Posted by toy71camaro

Just curious. from what i can tell, its just another "aid" to help decide when to pull the cord on a stock based on its current price vs its average price (ie. is the stock on sale today or overpriced).

Not a bad idea if you've got your eye on multiple stocks and waiting for the funds to purchase them. Like i am. 1k at a time. It might persuade someone a little bit to buy X stock this time around vs Y stock as its historically 10% cheaper than it averages... or something along those lines anyway. lol

I agree on the "aid" part. Investing is "whatever" works for you to make you make a decision and helps you find good stuff -- or helps you refer to why you bought what you did. I just don't need much reference to buy stuff like Coke and McDonalds and Phillip Morse and Kimberly Clark... if you get my point.

[GregWeld]

So I get asked all the time if I own Berkshire Hathaway shares... the answer is "HELL NO"... and people are shocked. Obviously they know the name and the famous DEMOCRATIC midwesterner Warren Buffet and they think he's some kind of a god or something and I just think he's an old smart guy that doesn't really understand the stock market.

This stock is over a hundred grand per share.... and DOES NOT pay a dividend... and has a whopping 11.6% TEN YEAR growth. REALLY -- 10 YEARS to get 11.6%???

Not in my portfolio! I get 5% per year in dividend off of simple names... and when you do the total return comparo -- there's no way you'd buy this stock. The 10 year TOTAL RETURN is 10.6% ---- WOW!!! And not WOW in a good way!

If Warren wakes up dead (that was meant to be funny).... you're going to be down 10% plus or more -- so would you risk that for a 10 year total return of 10.6%??

[GregWeld]

Originally Posted by RECOVERY ROOM

There annual share holders meeting is in town Sat. Its like the biggest media blitz all week, Lots of people in town all ready. The airport is loaded with lots of private jets

LOL --- DUDE! You have to be able to fly a private jet if you can just afford to buy one or two shares of this pig in a poke! The funny thing is -- it's mostly just a holding company... I mean - really - if you want to buy Coke shares -- buy coke shares why buy Berkshire and THEY collect the dividend! You get nothing!


If you do the math -- take 100 Grand (one share worth) and get a 4.5% dividend reinvested.... that's 4,500 year one - now you have 104,500... and your next year you get 5,000 -- now you got 109,500 and so on... do this for 10 years and you've doubled your money (you'd have 200K) AND you're getting 10K per year in dividend. With BRK.A ---- you'd have your original investment and 11% or using our 100K cost basis - you'd now have 111K.... and NO DIVIDEND.

Sorry -- I just don't get it.

I love him! He's so smart... and he seems to be just a genuinely good guy! I hate his TAX POLICY -- he's clueless that way and if he thinks he should pay more taxes - then he should just write a dang check!

[XLexusTech]

Greg et all,, anyone have any thoughts on the Facebook IPO?
28 to 35 is the offer... was thinking of jumping in,,

[GregWeld]

If you could get it for 28 to 35 it would be great! My guess is it bids to 80 before a "retail" customer gets any.

I'm not buying any -- but it's only because I just don't need to bother with that kind of an investment. That's not to say others shouldn't.