Investing 102

[GregWeld]

I should add regarding "knowing when to take a profit".....


That I usually counter a profit sale with a loss sale.... If there is such an opportunity. THIS IS REALLY ONLY DONE WHEN IN A TAXABLE ACCOUNT....

It keeps the taxes lower on the gain and helps take the sting out of the loss sale.

It would be really nice if every stock pic was a winner but they're not... and knowing when to sell and "retrain" those slacker employees is something that is every bit as hard to know, as it is to know when to take that gain.

[Sieg]

Congratulations on post number 2000!

Do I start getting a quarterly dividend for reading all of them?

Oh, wait, I am!

[GregWeld]

Originally Posted by Sieg

Congratulations on post number 2000!

Do I start getting a quarterly dividend for reading all of them?

Oh, wait, I am!

Amazing isn't it? 2000 posts.... probably 1900 of them mine...


More importantly --- I hope lots of people are forever enlightened about saving and investing - and that they're on their way to a better retirement than they otherwise might have been.

I'd love nothing better than to read on post number 10,000 that someone is a newly minted paper millionaire having gotten started way back in 2011 with this thread.

[glassman]

Me too Greg, me too. You have helped dozens of us here gain knowledge, and knowledge is power. Thank you once again, from a procrastinator...Mike

[MoparCar]

I'm still reading daily! This thread has me doing sooooo much more with money and plain and simple time of reading investments and many other things. Thank you all! (especially GW since honestly this is his child )

Thanks, thanks, thanks.......

[GregWeld]

Originally Posted by MoparCar

I'm still reading daily! This thread has me doing sooooo much more with money and plain and simple time of reading investments and many other things. Thank you all! (especially GW since honestly this is his child )

Thanks, thanks, thanks.......

Glad to hear it!

[bdahlg68]

Originally Posted by GregWeld

I'd love nothing better than to read on post number 10,000 that someone is a newly minted paper millionaire having gotten started way back in 2011 with this thread.

Fingers crossed and money invested!

[pw2006]

Thanks Greg, this is an awesome thread. Keep the lessons coming!

[Rybar]

Yes thank you. This has been a great thread and really opened my eyes and mind to investments other than property.

[Bucketlist2012]

I was well on my way before this thread, but thank you Greg for keeping me inspired and focused...


I am always up for learning more...