Investing General Discussion

Furry

Furry

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Khane said:
That $18k invested in 1997 in that garbage fund is now worth a little more than $22k. What incredible returns...
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When I got power of attorney over my mom and looked into her finances, at least you outperformed the 0.25% CDs she'd been holding for 20 years... barely.
 
Borzak

Borzak

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Till the day she died my grandmother would often say she wish CD's would go back around 20%. Of courwse when you grow most of your food and work at home in a house you owned for 25 years by then. She did not keep buying and holding CD's for long, but for a short while she loved them.

I inherited some stocks decades ago. I had to go to a broker and have the actual certificates changed over. At least they were still actual companies. I remember used to be a joke someone inherited some stocks to companies that no longer existed and had went down kind of like Enron.
 
Cad

Cad

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Borzak said:
Till the day she died my grandmother would often say she wish CD's would go back around 20%.
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Yes many people harken back to the glorious economic times of the early 80's when double-digit inflation made things like CD's at 20% possible.
 
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Pharazon2

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Too bad they didn't put it in Apple and forget.. looks like it was around $0.13 - $0.20 vs. today's price considering all splits. Over 1000x gains.

Its funny how Gump shows early investment in Apple by Lieutenant Dan as being some sort of life changing event... but the reality is all they could have gotten was like 5x at best in that time frame. Insane that anybody that watched that movie shortly after release - if they got inspired and naively invested any decent chunk of money in the few years after it released and held... would have been the real life-changing winners with Apple.
 
Jysin

Jysin

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Up 10% since the headline.
 
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Sanrith Descartes

Sanrith Descartes

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I had seen rumors about this and because of those rumors I added down around $240. Rumors be true.



Edit: looks like 5m shares so 0.5% of the company.
 
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Jysin

Jysin

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I had 260 cb, bought more higher. (Posted this position earlier in the thread) Sold it all when we kept chopping 320. Repositioned again buying down the dips again. Just wish I had bought more, but up a solid 5 figures already on this trade and it has a lot more to recover in the coming years. This is in my LT portfolio
 
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Jysin

Jysin

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What I find interesting in that filing is Berkshire added positions in DR Horton and Lennar. The housing inventories and manufacturer rate buydowns / concessions are quite noticeable over the last year. Especially in distressed regions like FL and TX. I’m curious where Buffet is seeing the value in the builders.
 
Sanrith Descartes

Sanrith Descartes

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Jysin said:
I had 260 cb, bought more higher. (Posted this position earlier in the thread) Sold it all when we kept chopping 320. Repositioned again buying down the dips again. Just wish I had bought more, but up a solid 5 figures already on this trade and it has a lot more to recover in the coming years. This is in my LT portfolio
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I had trimmed about 25% when it broke 600 and banked it. Added some on the way down and then stopped. When I saw the Buffett rumors I added back a chunk at 240.
 
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