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SOOPOO
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unJon
March 1st, 2021 at 2:28:32 PM permalink
Up even more. 118%. Everything (most everything....) up a lot today. I’m mentally weak. Most relieved about small TSLA trade profit. $240 perked me up more than the rest of the $XXXXX today!
SOOPOO
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IndyJeffrey
March 1st, 2021 at 3:52:02 PM permalink
Quote: SOOPOO

Up even more. 118%. Everything (most everything....) up a lot today. I’m mentally weak. Most relieved about small TSLA trade profit. $240 perked me up more than the rest of the $XXXXX today!



After mutual fund re priced (every day around 6pm). Up 2.86%. TWCUX. So now up 119% from inception.

I’m torn on TWCUX. It has high internal fees.... approaching a full 1%. But it has outperformed massively. If someone asked me for mutual fund advice I’d tell them to avoid such funds.... but I hold....?!
DRich
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March 1st, 2021 at 7:40:59 PM permalink
I was up 2% today, not as much as most but I am conservative buying dividend earning stocks.
At my age, a "Life In Prison" sentence is not much of a deterrent.
SOOPOO
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March 1st, 2021 at 8:06:49 PM permalink
Quote: DRich

I was up 2% today, not as much as most but I am conservative buying dividend earning stocks.

. Stocks are split into two categories.... ‘value’ and ‘growth’. Value implies a proven company with a track record of earnings, and they tend to pay dividends. Growth implies that in the future they will have earnings that will grow. Many don’t pay dividends yet. Recently, ‘growth’ has out performed ‘value’. But that is cyclical. I am probably 50-50. But I don’t pay much attention to that.
AxelWolf
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March 1st, 2021 at 9:36:54 PM permalink
Quote: SOOPOO

.

I know you must be a little lonely now that your compadre is MIA. I'm here to fill the void feel free to ask me stock questions and I'll be happy to given you my solid opinion.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
SOOPOO
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March 2nd, 2021 at 3:32:33 AM permalink
Quote: AxelWolf

I know you must be a little lonely now that your compadre is MIA. I'm here to fill the void feel free to ask me stock questions and I'll be happy to given you my solid opinion.

. Thanks! I did buy WIMHY on your opinion! I think I’m now up a dollar or two. Don’t underestimate your abilities!
SOOPOO
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March 2nd, 2021 at 11:46:42 AM permalink
Trying again. Bought 20 shares of TSLA for 697. Down to 694 a few minutes later..... Put in sell order for 707. Hopefully will skim another $200 from 'the market' again. If not.... i own 20 more shares of TSLA.....

Overall portfolio down .1% as of now today.....
unJon
unJon
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March 2nd, 2021 at 11:53:47 AM permalink
Quote: SOOPOO

Trying again. Bought 20 shares of TSLA for 697. Down to 694 a few minutes later..... Put in sell order for 707. Hopefully will skim another $200 from 'the market' again. If not.... i own 20 more shares of TSLA.....

Overall portfolio down .1% as of now today.....


Good luck
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
Hullabaloo
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March 3rd, 2021 at 7:22:01 AM permalink
Not much going on for me. Stocks go up, stocks go down, which is significantly better than "stocks go down, and stocks go down more".

I'm of the opinion that at some point in the next 6 months or so we're going to have a significant downturn. I'm not quite sure what, if anything, I'll do to prepare for that, but I'll probably try to tag a few of the big gainers for at least partial sales.

I've always been a "buy and hold" kind of guy but I've started to look for other alternatives with potential for quick, but small, profits.

On 2/1 I bought 200 shares of SENS for $503. On 2/16 I sold for a net profit of $500. That may be peanuts for some of you, but for me it's just a nice, but small boost that really makes a difference for me. It won't buy me a Tesla, but it helps to put new tires on my SUV.

I've got 2 others percolating now, (which is going very slowly), while looking for other possibilities.
vegas
vegas
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March 3rd, 2021 at 11:47:09 AM permalink
Quote: SOOPOO

Trying again. Bought 20 shares of TSLA for 697. Down to 694 a few minutes later..... Put in sell order for 707. Hopefully will skim another $200 from 'the market' again. If not.... i own 20 more shares of TSLA.....

Overall portfolio down .1% as of now today.....



Swing trading is not easy.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
SOOPOO
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March 3rd, 2021 at 12:46:17 PM permalink
Quote: vegas

Swing trading is not easy.

. You bet! So realistically I could be stuck with my 20 shares ‘forever’. I think it’s down to around 670. Picking a stock at 670 and hoping for 707 is generally (or should be!) a long term play! I was in at 697. MDawg would be buying more. I’m chicken.
I also bought HERO at 32.99 putting in a 33.40 sell order. It has dropped to 32.70 quickly. Another $6600 tied up.

I’m going to keep on trying.
SOOPOO
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March 9th, 2021 at 2:22:21 PM permalink
Quote: SOOPOO

. You bet! So realistically I could be stuck with my 20 shares ‘forever’. I think it’s down to around 670. Picking a stock at 670 and hoping for 707 is generally (or should be!) a long term play! I was in at 697. MDawg would be buying more. I’m chicken.
I also bought HERO at 32.99 putting in a 33.40 sell order. It has dropped to 32.70 quickly. Another $6600 tied up.

I’m going to keep on trying.

. So..... TSLA dropped 100 or so.... back up 100 or so to 670 again. So down from my buy of 697. HERO went down to 30, back up to 31.62 but still a lot down from 32.99.

Overall up 115%, probably 116% after TWCUX is priced shortly. I believe I hit +122% a couple weeks ago... so still significantly off the highs.
SOOPOO
SOOPOO
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March 10th, 2021 at 8:02:53 AM permalink
Quote: SOOPOO

. So..... TSLA dropped 100 or so.... back up 100 or so to 670 again. So down from my buy of 697. HERO went down to 30, back up to 31.62 but still a lot down from 32.99.

Overall up 115%, probably 116% after TWCUX is priced shortly. I believe I hit +122% a couple weeks ago... so still significantly off the highs.



Intraday now up 118%.

SOLD TSLA at $709! So I made that $240! Sold AMC at $11.56. So I made around $500 (sold at multiple points on the way up.)
I am still in 3 'trades' that are losers as of now. NAK, HERO, and NOK.

None as good as the AP move Axel and Wiz just did......
SOOPOO
SOOPOO
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March 11th, 2021 at 3:44:40 PM permalink
Now up 121%. One more up day and I’ll reach ATH. Moat recent buy is RBLX. Step daughters say ‘everyone’ uses it.
SOOPOO
SOOPOO
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March 20th, 2021 at 5:26:18 AM permalink
Quote: SOOPOO

Now up 121%. One more up day and I’ll reach ATH. Moat recent buy is RBLX. Step daughters say ‘everyone’ uses it.



Tough week. Overall up 118%. The RBLX went up nearly 10% initially, now at a less than 1% loss. The four stocks/ETFS that I planned on trDing (for a profit!) that I still own underwater are NAK, NOK, HERO, and I'm back in TSLA again at 669. It's around 656 now.

I did reach an ATH either M or Tu before plummeting the rest of the week.

Most of my friends are HODL guys, with an 'advisor'. My two best friends are now less than 20% in the stock market. I'm over 80%.
SOOPOO
SOOPOO
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March 25th, 2021 at 3:34:10 PM permalink
Now only plus 116%. I did make a few $$ on trade of TRIP. And also TSLA in at 626 out at 646. So I’m still in (underwater ) at 669.
SOOPOO
SOOPOO
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March 29th, 2021 at 12:16:01 PM permalink
Now up 117%. My unrealized losses on my TSLA ‘trade’ are now around $750. To remind... the initial $,$$$,$$$ was invested in stocks suggested by WoV members. But over time I have bought some bonds, and still have a mutual fund (TWCUX) and many new stocks. Not making this up.... a ‘professional’ evaluated the portfolio and called it ‘a mess’!

I like stock/investing discussion.... anyone is free to tack on their thoughts....
SOOPOO
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April 1st, 2021 at 3:20:04 PM permalink
Now up 120%. Bought 3 more bonds. Medium quality so paying a whopping 3% over next decade +! So those unrealized TSLA losses turned into a reasonable gain instead!
SOOPOO
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April 5th, 2021 at 2:08:53 PM permalink
After mutual fund calculates shortly portfolio will be up 123% from inception. All time high. Big winner today ILMN. TSLA too. Didn’t do any trades today.
Hullabaloo
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April 5th, 2021 at 3:50:53 PM permalink
I'm up a bazillion gazillion now!

Well, not really.

I'm still down quite a bit, but things are starting to pick up.

One thing about pharma stocks such as Novavax is when people think the need is waning the price keeps going slowly down. I was thinking the same and figured I'd make OK $$, but not nearly as much as I thought it might be since COVID is become more controlled.

But then I got to thinking and while the US, (and Israel), have done a great job on vaccinations a LOT of other places are just starting, and have a long way to go. Add in the additional strains and COVID isn't going anywhere for a while.

So there's still hope for NVAX and a few others, (those being mostly therapeutics), as long as they get accepted relatively soon. So I still might be screwed, but I think I have a little more time before I do :)
SOOPOO
SOOPOO
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April 8th, 2021 at 4:55:47 PM permalink
All time high. Up 124%. Bought more BETZ. Plus added SCU. I plugged in some criteria and SCU came up. Plus bought more long term bonds to lock in the massive 3.5% per year yield.....
billryan
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April 8th, 2021 at 6:45:25 PM permalink
Tomorrow is ex-dividend day for ATT. Anyone holding shares tomorrow gets a 52 cents per share payout the first week in May.
So can someone explain why there would be a huge selloff today?
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
SOOPOO
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April 8th, 2021 at 7:00:46 PM permalink
Quote: billryan

Tomorrow is ex-dividend day for ATT. Anyone holding shares tomorrow gets a 52 cents per share payout the first week in May.
So can someone explain why there would be a huge selloff today?

. My stock page said it is ex dividend today. Frankly, I have no idea if that means you need to own it at market close to get the $0.52. It was down $0.91 today so even if you still got the dividend by keeping it was still down over another 1%. If I told you I understand why AT and T is worth 3% less today than yesterday I’d be lying. I’ve owned a small amount of ATT for a long time. It is a big dividend payer.
unJon
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April 8th, 2021 at 7:06:28 PM permalink
Quote: billryan

Tomorrow is ex-dividend day for ATT. Anyone holding shares tomorrow gets a 52 cents per share payout the first week in May.
So can someone explain why there would be a huge selloff today?

I don’t understand why the dividend record date would be at all relevant to whether there’s a sell off. It’s like two unrelated statements.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
billryan
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April 8th, 2021 at 11:34:02 PM permalink
Quote: SOOPOO

. My stock page said it is ex dividend today. Frankly, I have no idea if that means you need to own it at market close to get the $0.52. It was down $0.91 today so even if you still got the dividend by keeping it was still down over another 1%. If I told you I understand why AT and T is worth 3% less today than yesterday I’d be lying. I’ve owned a small amount of ATT for a long time. It is a big dividend payer.



I think it means whoever owns it at the beginning of trading tomorrow. After years of reinvesting my dividends, I started cashing them out last year. It's actually one of my top revenue streams right now.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
SOOPOO
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April 13th, 2021 at 1:31:18 PM permalink
Quote: SOOPOO

All time high. Up 124%. Bought more BETZ. Plus added SCU. I plugged in some criteria and SCU came up. Plus bought more long term bonds to lock in the massive 3.5% per year yield.....



Will hit 125% after TWCUX revalues in an hour or so. TSLA alone up over $5k today (90 shares). Wife yelled at me when she found out I don’t own GOOGLE. I now own 1 share of GOOG. She made me buy Pfizer as well. 100 shares. PFE.
DRich
DRich
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April 13th, 2021 at 6:24:32 PM permalink
Quote: SOOPOO

Will hit 125% after TWCUX revalues in an hour or so. TSLA alone up over $5k today (90 shares). Wife yelled at me when she found out I don’t own GOOGLE. I now own 1 share of GOOG. She made me buy Pfizer as well. 100 shares. PFE.



Sell your Johnson & Johnson.
At my age, a "Life In Prison" sentence is not much of a deterrent.
SOOPOO
SOOPOO
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April 14th, 2021 at 4:09:12 AM permalink
Quote: DRich

Sell your Johnson & Johnson.

it was down 1-2% yesterday. It is such a huge company that, as opposed to Moderna, is not fully tied to COVID. I’m holding. I may lose money as a result, but the decision to stop using it will result in more COVID cases and deaths. It adds to overall ‘vaccine hesitancy’ which will add to the death count.
SOOPOO
SOOPOO
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April 15th, 2021 at 6:50:14 PM permalink
JNJ up .33% today, so the vaccine snafu not that much of a drag. Best performer today RBLX. Not in WoV portfolio, but GLXZ seems to have broken $3 mark. Finished at $3.02. Overall market way up today. So WoV portfolio now at +126%. All time high.
billryan
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April 20th, 2021 at 11:06:32 PM permalink
The one that got away.....



in the collectibles field, you usually are facing increased prices so that the book you sell today is often worth far more tomorrow. It's just the nature of the beast. Books I sold five years ago for $20,000 are worth $50-60,000 today in many cases.
I rarely look back, but this one hurts.

About four years ago, I bought a large auction lot of assorted tobacco and gum cards that were mostly European and dated from the late 50s thru the early 70s. Most were German and contained no English.
Most of them I was able to track down and they sold for a few dollars each, but one set I couldn't find anywhere. It was a partial set of 1960 Summer Olympics. 46 0f 50, or somewhere about that.
After a few weeks, I decided to put in on eBay, and to my surprise, two people got in a war and they sold for just under $500. I was happy as hell and moved on. Last year, a partial set, also 46 of 50 went up for auction and sold for over $20,000. I think it was my set but can't be sure.
Six months ago, a now graded Mohamad Ali card was marketed as being a super rare rookie card and sold for $45,000. Again, I can't be sure but no other set has surfaced so I believe the card was once mine.
It turns out the winning bid was by a company named Rallye Road and this week they offered 10,000 partial shares in the card for $25 each. If it is fully subscribed, that means the card is worth $250,000.
The difference between fiction and reality is that fiction is supposed to make sense.
Keeneone
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April 21st, 2021 at 10:40:48 AM permalink
Is this the card you had one of?

https://www.psacard.com/cardfacts/multi-sport/1960-hemmets-journal-hand-cut/cassius-clay-23/698173
PSA has graded 192 of these and there are 10-Nines and 1-Ten. The one selling shares is a 9. What kind of condition was your set in?
The value of cardboard collectibles has absolutely exploded recently. Wish I had keep my crappy card collection from the junk wax era, even they are valuable right now.
Keeneone
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April 21st, 2021 at 10:46:42 AM permalink
And to keep this somewhat relevant to the thread...
Topps is going public (via SPAC) as their sales have been on the improve is this hot market.
MUDS (ticker)
https://www.cnbc.com/2021/04/06/baseball-card-company-topps-to-go-public-through-spac-deal.html
billryan
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Keeneone
April 21st, 2021 at 2:52:00 PM permalink
Quote: Keeneone

Is this the card you had one of?

https://www.psacard.com/cardfacts/multi-sport/1960-hemmets-journal-hand-cut/cassius-clay-23/698173
PSA has graded 192 of these and there are 10-Nines and 1-Ten. The one selling shares is a 9. What kind of condition was your set in?
The value of cardboard collectibles has absolutely exploded recently. Wish I had keep my crappy card collection from the junk wax era, even they are valuable right now.



I'm not real good at grading cards. i'v had cards I thought were 9s come back 6,7,8 and 9, and one i thought was a 7 come back a 9.
The cards, as I remember them, were well centered and not played with.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
SOOPOO
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April 26th, 2021 at 5:09:20 PM permalink
Quote: SOOPOO

All time high. Up 124%. Bought more BETZ. Plus added SCU. I plugged in some criteria and SCU came up. Plus bought more long term bonds to lock in the massive 3.5% per year yield.....



Nadaq at ATH. S & P at ATH. Not surprising then that WoV portfolio at ATH also. Up 127% since inception.
unJon
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April 26th, 2021 at 8:26:39 PM permalink
Quote: SOOPOO

Nadaq at ATH. S & P at ATH. Not surprising then that WoV portfolio at ATH also. Up 127% since inception.



I may pull out. Feels like a correction coming.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
SOOPOO
SOOPOO
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April 27th, 2021 at 4:52:30 AM permalink
Quote: unJon

I may pull out. Feels like a correction coming.



I have thought that at Dow 20k. At Dow 22k. At Dow 24k. Etc.... I’m glad I generally have stayed the course. I probably have decreased stock holdings 1% and increased bond holdings 1% over the last month or so. But since the stocks keep going up it appears I haven’t rebalanced at all!

Specifically today——. TSLA ‘disappointed’ in earnings. So did LLY. TSLA likely goes down to open but then an hour later people forget it doesn’t make that much money and it goes back up.
SOOPOO
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April 29th, 2021 at 7:24:36 AM permalink
Now new ATH. Up 128%. FB soaring main reason. But.... I’ve posted numerous times underwater of 3 trades.... NOK, NAK, and NBEV. Woke up this morning and my NOK was missing! So it was around 4.30 recently, and I have my ‘sell at 4.93’ order in. It sold in premarket as it was up like 15%! So ended up making a whopping $65 on that trade.... but considering I expected to lose eventually... I’m stoked!

Now just waiting for NAK, NBEV, and in the middle of a TSLA trade. 20 shares hoping for 704 now.

Also sold some O at 71, and put buy in at 69. Sort of a backwards trade.

Edit. Rebought the O at 69.10. So made $190. But bigger unrealized loss on the 20 TSLA I still have. Very volatile market today. 12 minutes to go but looks up around 1/4%.
Last edited by: SOOPOO on Apr 29, 2021
SOOPOO
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May 7th, 2021 at 10:45:10 AM permalink
Quote: SOOPOO

Now new ATH. Up 128%. FB soaring main reason. But.... I’ve posted numerous times underwater of 3 trades.... NOK, NAK, and NBEV. Woke up this morning and my NOK was missing! So it was around 4.30 recently, and I have my ‘sell at 4.93’ order in. It sold in premarket as it was up like 15%! So ended up making a whopping $65 on that trade.... but considering I expected to lose eventually... I’m stoked!

Now just waiting for NAK, NBEV, and in the middle of a TSLA trade. 20 shares hoping for 704 now.

Also sold some O at 71, and put buy in at 69. Sort of a backwards trade.

Edit. Rebought the O at 69.10. So made $190. But bigger unrealized loss on the 20 TSLA I still have. Very volatile market today. 12 minutes to go but looks up around 1/4%.



Still underwater on NAK. TSLA. NBEV. Just added DKNG at 49.75 with sell order in at 50.8. Looking for $105. Made $150 on COIN trade. Volatile week. Was down but now back to up 128%. But really 127.6% compared to previous 128.3%. So not at ATH. I’m getting nervous. Probably will buy another bond or two.
billryan
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May 7th, 2021 at 11:17:05 AM permalink
I recently turned my portfolio over to a financial advisor. I've been thinking about it for a while, as I have been very overexposed in certain segments and under-exposed in others. He gets slightly under one percent per year as a fee, but the first six months are free, and there was a nice but small signup bonus.
I've mostly done my own investing, except for a small managed account at TD Ameritrade, but the last few years haven't been great. If it weren't for Tesla, I'd have had well below-average returns for the last four years. He claims and showed me some of it on paper that becoming more tax efficient will turbocharge my returns. My last attempt at timing worked out well. Bought 2,000 shares of ATT below $31, held it three weeks before selling it at $33, and change and pocketing $1,000 in dividends to boot.
I simply don't understand many of the new companies and how they make money. Six years ago, I took a flyer on a small brewery based on Long Island. It was doing alright, but two years ago, they announced they were getting out of the beer biz to concentrate on bitcoin harvesting. I didn't even know what that means. Many of my favorite companies have been absorbed by larger ones. Marvel, Coors, Burger King no longer exist as individual companies.
At 62, I have better things to do than looking at candlesticks on a chart. Hopefully, it works out well for all involved.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
SOOPOO
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May 7th, 2021 at 11:30:56 AM permalink
Quote: billryan

I recently turned my portfolio over to a financial advisor. I've been thinking about it for a while, as I have been very overexposed in certain segments and under-exposed in others. He gets slightly under one percent per year as a fee, but the first six months are free, and there was a nice but small signup bonus.
I've mostly done my own investing, except for a small managed account at TD Ameritrade, but the last few years haven't been great. If it weren't for Tesla, I'd have had well below-average returns for the last four years. He claims and showed me some of it on paper that becoming more tax efficient will turbocharge my returns. My last attempt at timing worked out well. Bought 2,000 shares of ATT below $31, held it three weeks before selling it at $33, and change and pocketing $1,000 in dividends to boot.
I simply don't understand many of the new companies and how they make money. Six years ago, I took a flyer on a small brewery based on Long Island. It was doing alright, but two years ago, they announced they were getting out of the beer biz to concentrate on bitcoin harvesting. I didn't even know what that means. Many of my favorite companies have been absorbed by larger ones. Marvel, Coors, Burger King no longer exist as individual companies.
At 62, I have better things to do than looking at candlesticks on a chart. Hopefully, it works out well for all involved.



I think you are the norm and I am the exception. Let’s say you have $2,000,000. You are paying the guy somewhat less than $20k a year. Sure, during the good times you don’t ‘feel’ that $20k, but it is $20k nonetheless. My personal experience when I had to use an advisor due to the rules of our pension, they never were worth the cost.

Good work on that ATT trade!
billryan
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May 7th, 2021 at 11:38:27 AM permalink
We don't have a long-term contract. If he doesn't produce, we go our separate ways. I remember a conversation I had with someone when I was in my early forties. At the time the fee was closer to 2% and I figured I'd be using him well for thirty years if all went well.
2% for thirty years adds up rather stupidly but now my horizon is much shorter.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
SOOPOO
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May 15th, 2021 at 4:02:00 AM permalink
+ 125% Down from ATH of +128%. Was a roller coaster week. Was down substantially after Tuesday. Recouped some of the losses Th and Fri.
SOOPOO
SOOPOO
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May 18th, 2021 at 11:17:55 AM permalink
Still at plus 125%. But feels ominous. anyway.....

Somewhere on this or maybe another stock thread Billy mentioned his stake in ATT (T). My TD account lets me go back 20 years, and T was around $40 a share back 20 years ago. It is a tad under $30 today! So $100k invested in "blue chip' ATT is worth $75k today! The same $100k invested in the Nasdaq based ETF is worth something like $800k.

I do own T, probably for the last 20+ years. And QQQ for the same time period. It is easy for me to in retrospect see my T investment as an absolute disaster. But that is not fair. My point is that saying you are investing in 'blue chips' might make sense in retrospect, but not predictably for any one 'blue chip'.

Was Blockbuster a 'blue chip"?
unJon
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May 18th, 2021 at 11:42:27 AM permalink
Quote: SOOPOO

Still at plus 125%. But feels ominous. anyway.....

Somewhere on this or maybe another stock thread Billy mentioned his stake in ATT (T). My TD account lets me go back 20 years, and T was around $40 a share back 20 years ago. It is a tad under $30 today! So $100k invested in "blue chip' ATT is worth $75k today! The same $100k invested in the Nasdaq based ETF is worth something like $800k.

I do own T, probably for the last 20+ years. And QQQ for the same time period. It is easy for me to in retrospect see my T investment as an absolute disaster. But that is not fair. My point is that saying you are investing in 'blue chips' might make sense in retrospect, but not predictably for any one 'blue chip'.

Was Blockbuster a 'blue chip"?



It doesn’t seem like the above includes dividends from T?
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
billryan
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May 18th, 2021 at 12:19:46 PM permalink
Say you put $10,000 away ten years ago for your retirement. You planned on retiring in ten years and begin cashing in dividends
$10,000 invested in ATT ten years ago today would be worth $17,585 today if you reinvested all the dividends. If you cashed out the dividends, your investment would be worth 16K and change.
Your $10,000 would have bought 320 shares. If you had reinvested the dividends you would now own 562 shares.
With 562 shares at 2.02 a year in dividends, your initial $10,000 investment is now producing $1,135.42 in income per year.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
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May 18th, 2021 at 12:41:23 PM permalink
Quote: unJon

It doesn’t seem like the above includes dividends from T?

. Correct. Nor dividends from QQQ. I can’t go back and see dividends from 20 years ago. Maybe T if dividends were reinvested would be up a small bit after the 20 years. And QQQ would of course be up more than the 8 fold increase, but not much more as it pays I think only a tad more than 1%. My point is still valid.
SOOPOO
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May 18th, 2021 at 12:49:16 PM permalink
Quote: billryan

Say you put $10,000 away ten years ago for your retirement. You planned on retiring in ten years and begin cashing in dividends
$10,000 invested in ATT ten years ago today would be worth $17,585 today if you reinvested all the dividends. If you cashed out the dividends, your investment would be worth 16K and change.
Your $10,000 would have bought 320 shares. If you had reinvested the dividends you would now own 562 shares.
With 562 shares at 2.02 a year in dividends, your initial $10,000 investment is now producing $1,135.42 in income per year.



I don’t have access to the dividend yield 20 years ago, but I think it was lower. I don’t think your 10,000 investment is worth nearly $17k today. But let’s assume it is. The $10k n the broader QQQ is worth $85k today or so. I’d rather have $85k than $17k.

I stand by my assertion that even a 70% increase in value over 20 years is a terrible return on an investment. ESPECIALLY using hindsight knowing the market has been skyrocketing over that time period.

I checked my account. I own 331 shares of T. No idea how I own such a word number as I don’t dividend reinvest. I wonder if I owned something in the past that AT &T took over?
billryan
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May 18th, 2021 at 4:02:51 PM permalink
ATT was just under $30 twenty years ago today. so $10,000 would have bought you 333.3333 shares.
Each share has produced just over $38 in dividends so if you cashed them out on a regular basis you would still own the shares and received roughly $12,650 in income.
If you had reinvested the dividends the numbers get a bit harder to get exact numbers for, but it would be in excess of 1,000 shares.
Your $10,000 investment would now be worth over $30,000 plus you'd have just over $2,000 a year income.
Certainly not a home run, but a couple of similar investments and you have a nice little nestegg.

As far as your odd shares go, back in 2002 they did a reverse split to prop the price. I had a few hundred shares and suddenly had about a third less. That's the only split I can remember. $50 a week and reinvesting dividends compound nicely over thirty years. It was a cheap supplement to Social Security and gives better returns.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
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May 18th, 2021 at 4:47:27 PM permalink
Quote: billryan

ATT was just under $30 twenty years ago today. so $10,000 would have bought you 333.3333 shares.
Each share has produced just over $38 in dividends so if you cashed them out on a regular basis you would still own the shares and received roughly $12,650 in income.
If you had reinvested the dividends the numbers get a bit harder to get exact numbers for, but it would be in excess of 1,000 shares.
Your $10,000 investment would now be worth over $30,000 plus you'd have just over $2,000 a year income.
Certainly not a home run, but a couple of similar investments and you have a nice little nestegg.

As far as your odd shares go, back in 2002 they did a reverse split to prop the price. I had a few hundred shares and suddenly had about a third less. That's the only split I can remember. $50 a week and reinvesting dividends compound nicely over thirty years. It was a cheap supplement to Social Security and gives better returns.



I am FOR having dividend stocks. But MORE for the ones that will increase over time. Look at O. It has increased dividends every year since I bought in 25 or so years ago. In addition to being up 6 fold. If you had picked O instead of ATT you’d be making more in dividends by far, and have appreciated more in value by far. Of course, easy for me to say now. It’s why I diversify up the wazoo. I can’t tell if I should have TSLA or AMZN or COIN. Or none of them!
billryan
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May 18th, 2021 at 5:04:13 PM permalink
That is why I recommend investing in Blue Chips, not a Blue Chip.
The difference between fiction and reality is that fiction is supposed to make sense.
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