Investing 102

[GregWeld]

Originally Posted by CRCRFT78

Here are the top 10 holdings in the only fund I have left:
FSTMX Fidelity Spartan Total Market Index Inv
Exxon Mobil Corporation (XOM) 2.75%
Apple, Inc. (AAPL) 2.48%
International Business Machines Corp (IBM) 1.58%
Chevron Corp (CVX) 1.45%
Microsoft Corporation (MSFT) 1.33%
Johnson & Johnson (JNJ) 1.25%
The Procter & Gamble Co (PG) 1.24%
AT&T Inc (T) 1.21%
General Electric Co (GE) 1.19%
Pfizer Inc (PFE) 1.09%

The current value of the fund is $12,530.74 after my initial investment of $10,000 about 3 years ago. I believe that if I were to divide that $10,000 between those top 10 holdings 3 years ago I would be in a much better position. Something I will be considering within the next couple of weeks. I may not go with the exact 10 listed but I think I can do a lot better than this.
Once I can get my Rollover IRA working for itself I will focus my attention on my Schwab account and my Roth IRA.

Yep -- you see that over and over again with mutual funds. The top ten are dragged down by the bottom 100

[Bucketlist2012]

Greg,

Thanks for any tips. I am going to be changing some things around within my portfolio, in regards to some of my Mutual Funds vs. Some Top Holdings .

I know I have been heavy Commodities since 2008. I have and will be riding the Fiscal policies of the Euro, and the Dollar. Still in 2012, I think I will do really well. I never day Trade, but Commodities are a form of speculation or feeling ,on which way things will go. I calculate as best as possible what I think the FEDS, and others will do.. Not for this thread, and I won't comment too much.

Your way of investing seems solid, most of mine is, and I know some is added risk.

But again, being the Novice, I want to stick with Investing 102, and what you have been saying on this Thread.

I can be doing better. Not that things aren't good, but there is so much to learn, and so many ways to Make money.

You have many Readers thinking and doing something really IMPORTANT.

We are never taught this in school, certainly most Bankers, Advisors, and GOD forbid, a Broker, they won't tell you this stuff..It is Voodoo.

But like anything, we have to Study wealth, if you want to be Wealthy. It ias not going to come to you unless you work at it.

[GrabberGT]

Originally Posted by GregWeld

Fantastic work Woody!!

This really is so simple ANYONE can do it...

I read this last night while watching some TV and I swear I busted out in laughter. It reminded me soo much of one of those late night infomercial, get rich quick shows. You hear testimony from someone who's bought into the plan (Woody) and then host comes back to say "This is so simple ANYONE can do it..." soon to be followed by "...all you have to do is make 4 easy payments and I'll send you this highly valued packet of secrets to get you started." This just emphasis how valuable this information is we are getting here for FREE from REAL people who are doing it. Solid, non-biased information from great people. Thanks again.

[Sieg]

Originally Posted by GrabberGT

Solid, non-biased information from great people. Thanks again.

It's somewhat biased, but this time the catch is it's in our best interest.

[GregWeld]

Originally Posted by Sieg

It's somewhat biased, but this time the catch is it's in our best interest.

EXACTLY.....

[GregWeld]

Here's WARREN BUFFET on Coke (he's a very large shareholder in it) === And I cut and pasted this here because it really shows all the trials and tribulations that occurred SHORT TERM during Cokes first few years.... but then read on.




“Coca-Cola went public in 1919. The stock sold for $40 a share. One year later it’s selling for $19. It had gone down 50% in one year. And you might think that’s some kind of disaster. And you might think that sugar prices increased and the bottlers were rebellious and a whole bunch of other things, you can always find a few reasons why that wasn’t the ideal moment to buy it. Year’s later you would have seen the great depression and you’d see World War 2, and you’d see sugar rationing, and you’d see thermal nuclear weapons, the whole thing. There’s always a reason, but in the end if you’d bought 1 share for 40 bucks and reinvested the dividends it’d be worth about $5 million now... And that factor so over rides anything else. I mean if you’re right about the business, you’ll make a lot of money. The timing part of it is a very tricky thing. So I don’t worry about any given event if I’ve got a wonderful business... You can figure out what will happen, you can’t figure out when it will happen. You don’t want to focus too much on when; you want to focus on what. If you’re right about what, you don’t have to worry about when very much.”

[Sieg]

Do you feel the market is about ready to climb for a while or are we going to see another dip or two before historical trends repeat? Election year impacts on the market trend with the exception of '00 appear positive?

[GregWeld]

If you're asking me? I never think in those terms -- I just buy and cash the checks.... Sorry.

[Sieg]

Originally Posted by GregWeld

If you're asking me? I never think in those terms -- I just buy and cash the checks.... Sorry.

Understood and the answer does give a better understanding of the mindset. I was researching on a couple short-term revenue building opportunities to fund additional steady Eddies.

[Bucketlist2012]

Originally Posted by GregWeld

If you're asking me? I never think in those terms -- I just buy and cash the checks.... Sorry.

Again, I am the Novice Newbie to the thread, and I only share what I am doing with Greg to get his input.

What I think will happen , is not for me to say..