This is why investing is so interesting -- and is so variable. I would tell a young guy (younger) to invest in some Google or Apple or similar type stock if they were so inclined.... For "retirees" like me -- they're non-starters because you're just depending on the growth in capital. Then in order to get any "income" out of them you have to sell... selling creates tax issues (short term or long term capital gains).
I'm glad you guys own some. I cashed out of my Apple when my wife retired 3 or so years ago and we then switched all of our investments to create income. I still love tracking these kinds of stocks though. I just don't buy them.
Indices Price Performance for Stated Period
Market Benchmarks 3rd Quarter, 2013 1 Year 3 Year
Large-Cap Stocks +4.69 +16.72 +13.79
Small-Cap Stocks +10.21 +30.06 +18.29
International Stocks +11.56 +23.77 +8.47
Fixed Income Benchmarks (Treasury Yields as of 09/30/2013)
5-Year US Treasury Note +1.39
10-Year US Treasury Note +2.64
30-Year US Treasury Note +3.69
You should only really gloat IF your portfolio BEAT those benchmarks.... otherwise - you're just "average". HAHAHAHAHAHAHAHAHAHAHA
This last three years the stock market has been like shooting fish in a barrel. Which actually kind of worries me. Things have a way of seeking their natural levels (or averages). But then I fall back on the fact that even if the share price s drop - my annual income shouldn't. And for those reinvesting the dividends that means they're buying more shares so in the long run that would be a good thing.
I suspect manipulation again - since the fall of Silk Road did not bring it down, they are inflating to price to try and crash it like they did before. My personal theory there.
Pass the popcorn...it'll be fun to watch what happens to the price. Knowing BTC users, they aren't going to be cashing out anytime soon, if ever.
Here's what I love to see when I wake up in the AM..... HAHAHAHAHAHAHAHA
10/21/2013
as of
10/20/2013 BPT B P PRUDHOE BAY RLTY TR ROYALTY TRUST
type: ORD DIV - CASH
$17,343.45
10/10/2013 MO ALTRIA GROUP INC
type: QUALIFIED DIV
$9,600.00
10/07/2013 HYG ISHARES TRUST IBOXX $ HIGH YIELD CORP
type: ORD DIV - CASH
$2,223.86
10/03/2013 Buy 500 CVX CHEVRON CORPORATION
Details $118.41 -$59,213.95 $8.95
10/01/2013 KO COCA COLA COMPANY
type: QUALIFIED DIV
$2,800.00
10/10/2013 MO ALTRIA GROUP INC type: QUALIFIED DIV $51.73
..... HAHAHAHAHAHAHAHA
How bout you loan me a few of your positions for a couple years
Funny I was just going to ask the same thing. Big difference in his quartely dividend.
my MO was only $97.56
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