Where to invest money?

qba335i · 07-10-2018, 06:00 PM

Quote:

Originally Posted by JamesWWIII

Quote:

Originally Posted by kivyee

Sometimes it's about pulling the trigger instead of talking about pulling the trigger.

Yep.

I wasn't exactly flush while in grad school, but I scraped and saved $5000 to buy my initial stake in AAPL (something I'd been wanting to do since Steve Jobs returned as CEO in 1997). I've added significantly more over the years, especially during dips, but I'll let anyone interested do the math on what that first 5 grand invested in late 2001 is worth today after splits and dividend reinvestment.

Should be ~50x

very nice payout.

Never_Enough · 07-11-2018, 08:06 AM

Quote:

Originally Posted by JamesWWIII

Yep.

I wasn't exactly flush while in grad school, but I scraped and saved $5000 to buy my initial stake in AAPL (something I'd been wanting to do since Steve Jobs returned as CEO in 1997). I've added significantly more over the years, especially during dips, but I'll let anyone interested do the math on what that first 5 grand invested in late 2001 is worth today after splits and dividend reinvestment.

If only we had a time machine...

TrAcK TRaP · 07-16-2018, 09:12 PM

Quote:

Originally Posted by ///M Power-Belgium

Gold Rush ?

///M Power-Belgium · 07-16-2018, 09:34 PM

Quote:

Originally Posted by TrAcK TRaP

Gold divers ?

TrAcK TRaP · 07-16-2018, 09:47 PM

Quote:

Originally Posted by ///M Power-Belgium

Gold divers ?

its 3.48 am there bro go to bed. I know that you live on m3post but you don't have to wake up every time you get a notice reply and go back to sleep. We can wait for you get some sleep now

///M Power-Belgium · 07-17-2018, 07:44 AM

Quote:

Originally Posted by TrAcK TRaP

its 3.48 am there bro go to bed. I know that you live on m3post but you don't have to wake up every time you get a notice reply and go back to sleep. We can wait for you get some sleep now

Wake up my friend ...BP never sleeps !

Yapakanichi · 07-17-2018, 09:33 AM

Cannabis stocks is where it's at

Never_Enough · 07-17-2018, 10:04 AM

Quote:

Originally Posted by knowthebattle

Cannabis stocks is where it's at

Is that why the 2 I'm in have been down for a while?

Yapakanichi · 07-17-2018, 11:18 AM

Quote:

Originally Posted by Never_Enough

Is that why the 2 I'm in have been down for a while?

Give it some time..

Kolyan2k · 07-17-2018, 12:11 PM

Obviously you can make a ton in stock market, the everyday question Is it the right time to buy or wait

07-17-2018, 03:43 PM

Quote:

Originally Posted by Kolyan2k

Obviously you can make a ton in stock market, the everyday question Is it the right time to buy or wait

I'm no Jim Cramer, but I imagine picking the correct stock has something to do with it as well.

c1pher · 07-17-2018, 04:10 PM

Find a nice DRIP. Harley Davidson used to be a good one, but I think the stock value is too volatile anymore. There are others you can shop and enroll in. I hate to make recommendations since stock selection is much more emotional than it used to be. Doing simple analysis of the business, its future and management team doesn't seem to be part of the equation so much anymore.

jmg · 07-17-2018, 09:53 PM

Quote:

Originally Posted by PoorLurker

Why are people boasting about stock or real estate that they purchased in the last 5-6 years? We've just left one of the largest economic downturns in the history of the US and have had one of the strongest bull runs ever.

The barrel was jam packed with fish... this doesn't make you an expert.

Now with that said... too bad I couldn't accumulate anything in that time... I remember looking at places to buy in 2011 but I never pulled the trigger.

*kicks dirt because I can't afford the doctor's visit when I kick rocks and stub my toe

Spot on. I know very little about stocks and investing outside of making sure my wife's 401k, my pension, and my SEP IRA are okay. However, I got lucky and bought a bunch of stock when everything turned to shit years go, bought a house in California when the bubble burst, etc. Live within your means. The next time the economy goes to shit, get ready to pounce.

jgoens · 07-17-2018, 10:35 PM

Quote:

Originally Posted by TheWatchGuy

in this order

hookers
blow
penicillin

Not good advice. I invested over 100K in blow and never got a return--only bloody nose...yeah fun times..but bad investment.

TrAcK TRaP · 07-18-2018, 12:18 AM

Quote:

Originally Posted by ///M Power-Belgium

Wake up my friend ...BP never sleeps !

You crazy bro..

BayMoWe335 · 07-18-2018, 12:40 AM

Quote:

Originally Posted by TrAcK TRaP

That is very simple. Answer is GOLD..

Literally one of the worst investments in the world. If you like gaining 20 basis points per annum, it's great.

prompt · 07-18-2018, 06:46 AM

Quote:

Originally Posted by TheWatchGuy

in this order

hookers
blow
penicillin

You know that Penicilin is not going to fix the issue?

///M Power-Belgium · 07-18-2018, 07:39 AM

Quote:

Originally Posted by TrAcK TRaP

You crazy bro..

.

TrAcK TRaP · 07-18-2018, 07:07 PM

Quote:

Originally Posted by BayMoWe335

Literally one of the worst investments in the world. If you like gaining 20 basis points per annum, it's great.

You are so wrong brother..

CO_Steve · 07-18-2018, 07:15 PM

Quote:

Originally Posted by MGM135is

Find a nice DRIP. Harley Davidson used to be a good one, but I think the stock value is too volatile anymore. There are others you can shop and enroll in. I hate to make recommendations since stock selection is much more emotional than it used to be. Doing simple analysis of the business, its future and management team doesn't seem to be part of the equation so much anymore.

I hate DRIPs. Every dividend results in a purchase. Every time the price is different. 20 years from now you'll sell and good luck figuring out the gains for taxes. I had to try and figure this out for my FIL. No thanks.

c1pher · 07-18-2018, 08:25 PM

Quote:

Originally Posted by CO_Steve

I hate DRIPs. Every dividend results in a purchase. Every time the price is different. 20 years from now you'll sell and good luck figuring out the gains for taxes. I had to try and figure this out for my FIL. No thanks.

Computers do this for you. Apple makes some nice ones.

mecheng77 · 07-18-2018, 09:13 PM

Quote:

Originally Posted by knowthebattle

Cannabis stocks is where it's at

This

07-17-2018, 09:33 AM	#51
Yapakanichi Monkey Marshall 651 Rep 218 Posts Drives: 2005 Z4 3.0i Join Date: Dec 2016 Location: FL iTrader: (0)	Cannabis stocks is where it's at
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07-17-2018, 12:11 PM	#54
Kolyan2k Major General 976 Rep 5,555 Posts Drives: 2006 S2000 Join Date: Apr 2010 Location: Boston iTrader: (1)	Obviously you can make a ton in stock market, the everyday question Is it the right time to buy or wait
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07-17-2018, 04:10 PM	#56
c1pher Primo Generalissimo 5084 Rep 4,222 Posts Drives: All of them Join Date: Jun 2009 Location: DC area iTrader: (0) Garage List 2024 Ford Bronco Ra ... [10.00] 2018 Porsche 911 GTS [10.00] 2023 BMW M2 [9.25] 2022 Ford F-250 Tremor [8.50]	Find a nice DRIP. Harley Davidson used to be a good one, but I think the stock value is too volatile anymore. There are others you can shop and enroll in. I hate to make recommendations since stock selection is much more emotional than it used to be. Doing simple analysis of the business, its future and management team doesn't seem to be part of the equation so much anymore.
	Appreciate 1 Quote