Investing 102

[SSLance]

Originally Posted by GregWeld

Lance --- Gotta love those dividends and the raises that come with them from tme to time!

AT&T (T) went "ex" dividend today.... Thus it's trading down when everything else in my accounts are green. I needed a good dividend to pay for the two neon signs I bought last week! So, timing is everything.... LOL

So far I've made two allotted purchases of T so far and I have to admit, it looks enticing to make my third (early) on today's dip. I'm up 9.25% on my first two purchases already.

I thought Dividend Investing was boring?

[96z28ss]

Originally Posted by GregWeld

I personally think FORD (F) is the best of the autos and own this name. The problem is their dividend sucks -- if it was better -- I'd buy more of it than I already have (ditto Wells Fargo). I bought Ford more for the growth story than the dividend. This kind of stuff is where you have to be ahead of the curve... so once I saw the economy beginning to make the turn up - I started building a position in the name. (same with WFC). Being early can come with pain... but if you stick to your original reasoning - and you're right (eventually) the payoff is great.

Ford has been real good to me I bought in may of 2012 @ $10.54, I kept buying and averaging down all the way to my last purchase of 100 shares @ $9.07
I have a total of 871 shares, and have had 2 dividend raises from $.05 to $.125
I'm happy with this stock even with a 3% yield, my savings account can't do that.

[Sieg]

Originally Posted by SSLance

I thought Dividend Investing was boring?

As boring as golf........if you're not a golfer.

Originally Posted by 96z28ss

Ford has been real good to me I bought in may of 2012 @ $10.54, I kept buying and averaging down all the way to my last purchase of 100 shares @ $9.07
I have a total of 871 shares, and have had 2 dividend raises from $.05 to $.125
I'm happy with this stock even with a 3% yield, my savings account can't do that.

I was watching it at 10 and didn't pull the trigger. Shoulda Coulda Woulda. Now I have it at $15 and want to add more.

[WSSix]

Love the new signs, Greg. The classic Mobil Pegasus was a gorgeous company logo in my opinion.

Well, I just bought T last week and now I get a raise. Woot!

[GregWeld]

#1 --- for Investing 102 I would use this name as an example for 2 things


1: Invest in whatever you are comfortable doing. Everyone is different - has different views - has a different level of cash - different times til retirement or other need for the money. As long as you sleep well at night - go for it.


2: When you gamble or take on a "risky" name - regardless of the industry -- then EXPECT --- V O L A T I L I T Y.....

As you pointed out in your post - you can afford a loss if it happens and you have other names which are diversified. And that's the important part. I think everyone that can afford it - needs some percentage of their portfolio in "risk assets". It IS how people get 4 baggers or 10 baggers (4 X's or 10X's their investment). But it's also where it's the easiest to make the right bet in the wrong company. In other words -- the thinking was correct -- but the market rewarded some other company. That's when an ETF in the sector works for some folks. They can just throw a blanket over the whole "sector bet".

[GregWeld]

Originally Posted by CamaroMike

Im definitly going to start looking more into ETF's. You are 100% correct, some companies in that sector have made their shareholders lots of money already where some have not. I like that term, "Right bet in the wrong company." Describes it perfectly.

HAHAHAHAHA ---- That's what I'm here for!

[CamaroMike]

[gearheads78]

Mike for the same reasons you are dabbleing in HEMP I have a little bit tied up in a couple additive manufacturing (3D printing)companies. I 100% believe the industry is going to grow in a huge way over the next 5-10 years but who knows if i have picked the right companies or not. If I lose it all its not going to kill me but if I win on either one or both I could make a few bucks. Currenty both stocks are the only two down stocks I have but they swing way up to way down weekly.

[rocketrod]

Originally Posted by gearheads78

... (3D printing)companies. I 100% believe the industry is going to grow in a huge way over the next 5-10 years

I totally agree 3rd printing is going to be a game changer in ways we have yet to even fathom, but as you stated trying to pick the right company is speculative at best.

[GregWeld]

Dabbling and speculation is fantastic in my book..... one caveat though.... do this AFTER you have a good base of basic top notch investments.

Capital is hard to come by --- profits are hard to get and keep... Losses come fast and are easy to do.

My high school buddies Dad told me 40 years ago -- when we were talking stocks and investing..... Making money is easy, keeping it is hard.

So true!