Investing 102

[GregWeld]

Originally Posted by Bucketlist2012

Hey now, we work...Just not as hard... Retirement is a full time job...

And you darn sure play hard...

Well.... one of my fondest sayings is "I have 6 Saturdays and a Sunday.... I know it's Sunday when the big paper comes".



Yeah -- I tend to get around a bit. This last road trip was down to Oakland to see our buddy Dave G and Susan -- then to Phoenix to see my daughter - then to St George Utah to have dinner with Blake and Anita (SpeedTech) - then to Logan Utah to see about my trailer (Poulsen's Trailer Sales) - went back to Rocky Mountain Raceway to do a test and tune with his Dragster.... then to Sun Valley for a buddies 60th B'day and retirement bash... a little golf and a little food... Somebody has to buy all that high priced gas!! and keep those hotels full!!




I took this quicky video using my iPhone...

Here's Dave Poulsen's 732 cubic inch - 2 stage nitrous - 277" wheel base - just running easy - this was a test and tune not a race session.... He run's 6:50's

[WSSix]

Thanks Greg. I didn't even think about changing the dates on Google finance to figure it out. I'll sit down this weekend if I have time and do some quick math.

[Bucketlist2012]

Of Course I am watching American Greed again.

That show just amazes me. What people will do with their money. Basically give it away to fund a crook's lifestyle..No research at all. Just handing it over..

Dang Greg, You are on the move, well done. I know I need my I-Phone to tell me what day it is.. I love being free..

Still working on getting healthy, but I am going to get healthy and get out and spend my earnings..I am not leaving it to the relatives... Although they wouldn't mind if I dropped dead, but I won't let it happen..

I have way too much to live for...And too much fun to still have..

[camcojb]

Originally Posted by Bucketlist2012

Of Course I am watching American Greed again.

That show just amazes me. What people will do with their money. Basically give it away to fund a crook's lifestyle..No research at all. Just handing it over..

Dang Greg, You are on the move, well done. I know I need my I-Phone to tell me what day it is.. I love being free..

Still working on getting healthy, but I am going to get healthy and get out and spend my earnings..I am not leaving it to the relatives... Although they wouldn't mind if I dropped dead, but I won't let it happen..

I have way too much to live for...And too much fun to still have..

good for you Mike.

[glassman]

Last couple of pages, good stuff guys. Keep it coming for us newb's...Mike

[Bucketlist2012]

Originally Posted by camcojb

good for you Mike.

Thank you.

It has been a long two years and a rough road back.

But I am a cup is half full kinda guy, and no complaints.
It could so much worse and I am lucky. Luckier than most.

Heart and Brain issues are something you do not plan for.

Thank God for my Investments or I would have been Financially screwed. I had planned to work several more years but that is not going to happen.

I will probably have a shorter lifespan than most, so retirement was the best option. Now i just have to enjoy what is left.

[GregWeld]

Howard Schultz was on CNBC this morning --- pitching Starbucks (SBUX) new coffee machine. When guys like this come on and do the talking head thing - I often just go and see how well (or not) the stock has done... this one was interesting.


If you'd bought Starbucks stock on the IPO in the summer of 1992 --- you'd now own their shares at .89 a share..... and you'd be collecting a 1.35 per year dividend..... so like Warren Buffett and Coke (KO)... where he gets his investment back each year in dividends.

Their stock has split 5 times -- each time 2 for 1 -- so for every one share you'd have bought - you'd now have 32.... AND for every share you'd have bought at the IPO price of $14 --- you'd now have 32 share with a cost of .89 that are now trading at $50. A mere 7395% gain.

Not bad for a 20 year hold.

[GregWeld]

A little more "figuring" on Starbucks (SBUX)....


$2500 invested in the IPO -- would now be $285,000


You'd be getting $7700 in annual dividend


Drink up --- you're helping to pay someone that dividend!

[Bucketlist2012]

Greg the numbers Guy,

Those are some Impressive numbers. My point today is about giving back.

Thanks for your info and your thoughts on making money. You are giving back.

I talked with my Fiduciary Advisor last week about our game plan for the last of 2012 and the first of 2013, and we talked about my health and near death.

He asked me if after this experience was I giving back. Well I said that I need to save for medical and my wife. He said, oh no, I am not talking about your money, I am talking about your knowledge. I answered yes , that I am doing.

I have when asked, shared my ideas on getting and being debt free, Investing, Home loans, ....

He said that is great to try to share what you know while you can.

I just wanted to thank you for doing what you are doing. You certainly don't have to, and it is a great service to all the guys here and in your life.

You are way smarter than me on this , and i am just trying to do my part for those that ask. For those that aren't interested , or never ask.....They are missing out on some great knowledge.

[GregWeld]

Thank you!


Others eat sleep and breathe cam numbers.... or track times and tire sizes.... For myself -- I figure I can get those numbers WHEN I need them... I eat sleep and breathe the investing side of things.

I L O V E sharing this wee bit of knowledge HOPING that someone is reading it and that it WILL make a difference in their lives.