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02-14-2013, 10:28 AM | Topic Starter |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1808491
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A little thank you to Warren Buffet
On December 21st I was looking for a stock to buy with some extra cash, and I liked Heinz, the ketchup company. It's pretty stable and pays a nice dividend, and I've really liked dividend stocks the past few years. So I bought $5,000 worth. It's gone up a couple of percent over the last couple of months, and I've been good with that since that's a very good annualized return so far.
Today it was announced the Berkshire Hathaway is buying Heinz. The stock is up 20% today. Blammo. I sold out my initial $5,000 worth, left the profit in, and I now have $1,200 of free Heinz ketchup stock for two months of investment. God, I love America. |
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02-14-2013, 10:33 AM | #2 |
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I'm disappointed to hear that they don't pay dividends in Ketchup.
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02-14-2013, 10:37 AM | #3 |
No Keys, No Problem
Join Date: Sep 2000
Location: Denver
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I'd get out completely myself
Did the same thing myself JEC, Voda phone, Merck, and Wells Fargo. This is over the past two years. On JEC I bought it before the last debt ceiling/down grade bullshit and ended up have to buy more after the drop to average myself out and made over a grand. Then get the heck out. |
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02-14-2013, 10:37 AM | #4 |
Bono & Grbac wasn't enough
Join Date: Oct 2000
Location: Sioux City, IA
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It's amazing the debt Heinz had.
Democrat in Debt. Duh.
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02-14-2013, 10:47 AM | #5 |
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I hadn't seen this yet. The wife owns about 200 shares of HNZ. It's not noon yet, but I'm going to go ahead and chalk this one up as a good day.
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02-14-2013, 10:49 AM | #6 |
2 Legit 2 Colquitt
Join Date: Sep 2010
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I just bought 500 and 100 shares of Arch Coal and Cliffs Natural Resources a couple weeks ago. I've already lost $1500. FML.
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02-14-2013, 10:54 AM | #7 |
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I need a good stock to throw some money at....anybody? I'm tired of mutual funds, I need to spread out a little.
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02-14-2013, 11:08 AM | #8 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1808491
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I pretty much stick to dividend-paying stocks these days. You make money even if the market is stagnant. You have to work a little harder to diversify, but you can do it.
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02-14-2013, 11:23 AM | #9 |
In BB I trust
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Location: Boston, Mass.
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Slow and steady wins the race.
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02-14-2013, 11:25 AM | #10 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1808491
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I enjoy the irony that a person could have gotten rich with ketchup stock today if they'd've invested a lot in it.
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02-14-2013, 11:34 AM | #11 |
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02-14-2013, 11:38 AM | #12 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
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Quote:
It does exist right now. The problem is that neither you nor I are very likely to be the ones to find it. :-/
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10-16-2015, 10:26 AM | #13 |
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02-14-2013, 10:56 AM | #14 |
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Nice.
I've recently invested in a couple of individual stocks opposed to just mutual funds. Hoping my basic valuation proves correct.
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10-16-2015, 10:22 AM | #15 | |
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Quote:
Over the time period I had bought and sold a few stocks or some shares of different holdings. I can't complain with the results. The total investment time from my first purchase until today was 966 days and rate of return less all fees was 12.02%. Still have some incredible (and my total portfolio-best) performing individual stocks and mutual funds in my Roth account. The 401k only includes mutual funds.
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