All things STOCKS

#501
#501
DancingOutlaw said:
Honestly mulitmillionaire isn't going to mean much in the future. If your monthly expenses are $4k a month now, they'll be roughly $8k in 25 years. If you wanted to pay for that using a 4% draw and not touch the principal, you'd need $2.4M. That wouldn't account for taxes or anything else, so in all likelihood you'd need more. That's why investing early and letting compounding work for you is so important.
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Agree. My biggest regret is not starting 401k until late twenties and not putting in enough at beginning. Fortunately, my health is good and I like my job so I hope I can keep working past 65.
 
#502
#502
Two regrets I will carry to the grave:
1. Not buying a house in San Diego circa 2011
2. Not buying more NFLX
 
#503
#503
JFreak said:
Two regrets I will carry to the grave:
1. Not buying a house in San Diego circa 2011
2. Not buying more NFLX
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I was talking to my buddy this weekend and he mentioned it was over $400. I said do what now? I bought at $140 and really haven’t been paying attention.
 
#504
#504
DancingOutlaw said:
I was talking to my buddy this weekend and he mentioned it was over $400. I said do what now? I bought at $140 and really haven’t been paying attention.
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Nice. I was late to the party and got in at $194 about 8 months ago. Been on fire.
 
#507
#507
1972 Grad said:
That's a wad at 32.
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Yeah, I am 41 and should get close to 50k in my 401k this year...wife has nothing. Ibhave spent close to 100k on Christian school for my kids though...and as you know, sorry proud dad, my son should be valedictorian soon. I will have to work until i die, probably die at work since I spend most of my wakikng hours working. I am OK with that, though. Give kids the best start possible, both are already saved by Gods grace...and I will be content. God is so good, all the time. Praise His name. Don't deserve it, but really hope I live to see my grandkids.
 
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#508
#508
marcusluvsvols said:
Yeah, I am 41 and should get close to 50k in my 401k this year...wife has nothing. Ibhave spent close to 100k on Christian school for my kids though...and as you know, sorry proud dad, my son should be valedictorian soon. I will have to work until i die, probably die at work since I spend most of my wakikng hours working. I am OK with that, though. Give kids the best start possible, both are already saved by Gods grace...and I will be content. God is so good, all the time. Praise His name. Don't deserve it, but really hope I live to see my grandkids.
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Some people need to work until they die, and I don't mean just for financial reasons. Their work is their identity. Nothing wrong with that.

My mother worked in her own business until her death at 93. Financially, she could have retired at 65, I'm sure. I never got that kind of satisfaction out of my work, so I quit when I was financially able.
 
#509
#509
Over the pass week...
Dumped Starbucks, IBM, Gilead and Oracle

Bought
Verizon, Discovery Channel, Amgen and VTIP ETF
 
#515
#515
Thinking about diving in on GE if it pulls back to about $12.5-$12.75. I like their plan to spin off healthcare and exit Baker-Hughes. I like all 3 of the potential pieces. I hate that they're exiting the DJIA and being replaced by a drug dealer, I mean retailer.
 
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#516
#516
AKRX under $15. You will make 50- 100% within one year.

Att- I hate them , but we continue to March towards corporate domination, and they are a survivor. 6 % dividend.
 
#517
#517
Go aeiou said:
AKRX under $15. You will make 50- 100% within one year.

Att- I hate them , but we continue to March towards corporate domination, and they are a survivor. 6 % dividend.
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I don't think of AT&T so much as a survivor. They're a Baby Bell that capitalized on the boom in cell phones. Just a well managed company that got into the right business.
 
#518
#518
Thunder Good-Oil said:
I don't think of AT&T so much as a survivor. They're a Baby Bell that capitalized on the boom in cell phones. Just a well managed company that got into the right business.
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I mean that with all the consolidation that has been happening in the industry they will like to survive as opposed to being aquired, although that would probably provide a one time profit.

I also thought WorldCom would survive. My worst mistake.
 
#519
#519
Go aeiou said:
I mean that with all the consolidation that has been happening in the industry they will like to survive as opposed to being aquired, although that would probably provide a one time profit.

I also thought WorldCom would survive. My worst mistake.
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No doubt. I don't see AT&T or Verizon going anywhere unless some very disruptive technology where to displace them or somehow the tower companies where to become the dominant players. They could be acquired by foreign companies, but the federal government nay not want the spectrum in foreign hands. I suppose there could be some technology come along that would turn the tide in favor the companies that own the fiber. Maybe Google, Apple, Microsoft, Facebook, Amazon, Comcast, Charter, or the content companies could invade the space as well, but that would be shocking. Verizon, AT&T, and Sprint/T-Mobile are probably in control for decades to come, although the 3rd/4th player could be taken over or go away.
 
#520
#520
Lots of after hours carnage with Netflix. It's off almost 15%. BUT, it's still higher than it was after Q1 subs were announced. It's an interesting security. The multiple remains sky high. They're still adding millions of subscribers, just at a slower pace. Something like 130 million are paying that monthly fee.
 
#521
#521
Thunder Good-Oil said:
Lots of after hours carnage with Netflix. It's off almost 15%. BUT, it's still higher than it was after Q1 subs were announced. It's an interesting security. The multiple remains sky high. They're still adding millions of subscribers, just at a slower pace. Something like 130 million are paying that monthly fee.
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They will be fine but I have never seen a stock tied more to public sentiment before. Its crazy.
 
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