Say you invest $10,000 once you're down to $9,000 sell because you don't want to lose more than 10%.
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Yeah I agree just sharing the two rules of thumb I was always told.I understood the math. I think 10% is too low of a threshold.
And 2 years later it still is at 109.00.. LolWow ,it has been steadily rising and closed today $109.05. I like it!
when you have a 1000 shares the dividends are sweet.And 2 years later it still is at 109.00.. Lol
when you have a 1000 shares the dividends are sweet.
Even sweeter when you have 20,000 shares.when you have a 1000 shares the dividends are sweet.
i started auto invest in UPS stock when it first was offered to us. started with $50 a week payroll deduction but quit doing so much when I realized it was too high a percentage to invest after the Enron disaster. so we scaled back.I used to have 2000 shares but I sold them all because I was running out of places to bury my cans of money.
i started auto invest in UPS stock when it first was offered to us. started with $50 a week payroll deduction but quit doing so much when I realized it was too high a percentage to invest after the Enron disaster. so we scaled back.
but it is amazing how fast it accumulates even putting just 20 bucks a week in and reinvesting the dividends to buy additional stock. i still hide money all over the house in case the banks go bad. cash is king in the armageddon. ha.
This is not me bashing you but whether a stock is $700 a share or $7 a share, it doesn't matter because a 10% gain is the same either way.There was no way I could afford to or been willing to spend $700/share on any stock. I bought shortly after the 7:1 split. Transferred $50K from my 401K to my SMA and pulled the trigger.
As I recall, UPS was @ $25/share during the IPO but quickly doubled or tripled in value shortly thereafter.
You ever pull the trigger on selling? That $133 looks like the top.It's already closed above $133. I think it will peak somewhere in the $140-150 range.
This is not me bashing you but whether a stock is $700 a share or $7 a share, it doesn't matter because a 10% gain is the same either way.
You ever pull the trigger on selling? That $133 looks like the top.
That's interesting considering its a company who's market share is dropping. Revenue is dropping. Profits are dropping. And generally hasn't had any true innovation in years.I take home roughly $800/week. Pretty hard to justify spending a week's take home for one share of stock.
My financial adviser has suggested that I hang on to my shares and to use their money (dividends) to buy more. Just picked up 4 more shares last week.
let's see......hmmm....when you have 76,000 shares and there's a dividend, you times the number of shares by the amount of the dividend and I get........I take home roughly $800/week. Pretty hard to justify spending a week's take home for one share of stock.
My financial adviser has suggested that I hang on to my shares and to use their money (dividends) to buy more. Just picked up 4 more shares last week.
It's 2% I'd call that so so.It is a solid dividend stock.
He is thinking long term.
It's closer to 3%. 78¢It's 2% I'd call that so so.
I that case you are correct. I got that vacation fog going on.Apple.
TTKU
And then you die and the kids piss it away.let's see......hmmm....when you have 76,000 shares and there's a dividend, you times the number of shares by the amount of the dividend and I get........