- Joined
- Dec 6, 2004
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Just doubled your money in 2019!
Not entirely accurate because the stock I believe was totally flat or even down in 18. If you bought exactly this time last year you would have made a mint. BUt most analysts predicted apple down and out so it would be quite the decision to buy apple at that point. BUt seriously buy and hold good companies. and dollar cost average.
MA, V, LULU MCdonalds etc
Can someone give me a link to the thread where the stock pickers told us about their picks that didn't double in 2019? I can't seem to find it.Or buy and hold VTSAX and own all of them (and all of their competitors) in proportion to their market weight.
Just doubled your money in 2019!
Imagine having any significant proportion of your money in a single stock.
me too.I do. Apple. Basis $42.
Can someone give me a link to the thread where the stock pickers told us about their picks that didn't double in 2019? I can't seem to find it.
It is right next to thread where people post about going to Las Vegas and losing.
I had 1 dog in 2019. Lost 30 percent in 1 stock. But, 2019 was a good year and I had several big winners in tech
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I do. Apple. Basis $42.
I would hope it is not more than 5% of your net worth or that would be kinda crazy IMHO
The best thing about a 10 year freak of a bull market is everyone makes money.
The best thing about a 10 year freak of a bull market is everyone makes money.
The worst thing about a 10 year freak bull market are the people who think they made money because they're smart.
Bear markets are when assets revert to their rightful owners.
I don't think 2020 will be a bear market either due to QE by the Fed and it is an election year.
I sold a bunch at 220 (basis around 70) to buy a porsche. I'm not saying I don't like the porsche, but I coulda maybe bought two if I'd waited...
You know the difference between a porcupine and a Porsche?
They're both really lovely when owned by nice people who aren't showy jerks but who like to go fast?
Hey, that’s really clever.Close.
The porcupine's prick is on the outside.
I heard that joke 17 years ago, when I bought my BMW.Hey, that’s really clever.
I heard that joke 17 years ago, when I bought my BMW.
You know the difference between a porcupine and a Porsche?
European delivery of Porches, BMWs, and maybe Mercedes used to be a really excellent deal.One of our cardiac surgeons flew to Germany to pick up his new Porsche and drive it around for a week before coming back to the states. A few weeks later he was being a dick in the OR and one of the older anesthesiologists dropped this joke on him in front of the whole room. Hilarious, but ballsy.
Write a book.The best thing about a 10 year freak of a bull market is everyone makes money.
The worst thing about a 10 year freak bull market are the people who think they made money because they're smart.
If you bought it at $160 you did well.
Bought apple at $90 in 2008. Thinking about selling all of it this year . Lowest capital gains rate probably in the next century... thoughts?
Bought apple at $90 in 2008. Thinking about selling all of it this year . Lowest capital gains rate probably in the next century... thoughts?
If you are one who donates to charity do yourself a favor and open a DAF. Donate the shares there, take the deduction this year, and spread the giving over however long you want.
My latest strategy has been donating every second year and only itemize on those years. I also bunch my other deductions in those same years as I’m able. IF I don’t have stocks I want to remove from my portfolio, I just donate stocks that have gained, then buy the same stock if I still like it, just to manage increasing the basis.
I would imagine your Apple stock from 2008 is probably your largest % gain, but if you have a higher one, do that first.
The fidelity DAF has a very nice interface and tools to help you maximize tax advantages.
If you are one who donates to charity do yourself a favor and open a DAF. Donate the shares there, take the deduction this year, and spread the giving over however long you want.
My latest strategy has been donating every second year and only itemize on those years. I also bunch my other deductions in those same years as I’m able. IF I don’t have stocks I want to remove from my portfolio, I just donate stocks that have gained, then buy the same stock if I still like it, just to manage increasing the basis.
I would imagine your Apple stock from 2008 is probably your largest % gain, but if you have a higher one, do that first.
The fidelity DAF has a very nice interface and tools to help you maximize tax advantages.