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-   -   Life A little thank you to Warren Buffet (https://www.chiefsplanet.com/BB/showthread.php?t=270019)

Amnorix 03-04-2013 12:51 PM

Quote:

Originally Posted by wutamess (Post 9462942)
I have a question... I'm currently in Sprint stock and have close to 1k shares before they announced the sale to Softbank. Softbank agreed to pay $7 something /share for 70% of the shares. What does that mean?

Does that mean 70% of my shares will automatically be $7+ when the deal goes through or what?

Sometimes google isnt my friend.


So I very briefly reviewed this article.

http://www.digitaltrends.com/mobile/...ver-explained/


Looks like they're buying about 55% of the company's shares for $7.30 each. So there is probably a tender offer going on which you can accept to sell at that price.

If you decline to do so, then after the deal closes you will be part of the 30% of non-Softbank stockholders of Sprint, and the share price will fluctuate per normal.

While the $7.30 offer is out there, I'd expect the stock to trade north of $7.00 certainly. After that, all bets are off and the stock will do whatever it will do.

Amnorix 03-04-2013 12:54 PM

Quote:

Originally Posted by Rain Man (Post 9402640)
So now I have a strategy, and I stick to it religiously. I buy stock in lumps of $4,000 or $5,000. When I get to the point where I've made 20%, I sell out my original share and leave the profit in. That way, if the stock goes down I haven't lost any of my principal, and if the stock goes all Dell I'll still get the upside, albeit in a smaller dose. But I won't completely miss the boat.


So question -- do you stick to this even when the 20% increase is within the first year, such that it's a short term capital gain and you're paying taxes at ordinary income rates?

If so, brutal. Don't think I can handle that.

jAZ 03-04-2013 11:37 PM

Quote:

Originally Posted by Rain Man (Post 9402377)
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.

So how does one buy $5000 worth of a stock that costs $152,955.00 per share?

houstonwhodat 03-05-2013 01:02 AM

Quote:

Originally Posted by ChiefButthurt (Post 9402559)
I don't think anyone can understand your post.


I understand it.

Obama sucks and is the devil.

CanadaKC 03-05-2013 01:22 AM

I bought Berkshire B stock around the time it was first introduced at about 1500.00 a share. Since then, they split the stock 50-1 so more people would buy it. It's now 101.00 a share. Gotta love the Buffet man.

ReynardMuldrake 03-07-2013 09:51 AM

I'm liking Intel right now. I bought 150 shares on Tuesday and it's already up close to $.70.

It's way undervalued, and a $.90 dividend on a < $22 stock is hard to beat.

'Hamas' Jenkins 03-07-2013 11:50 AM

Quote:

Originally Posted by jAZ (Post 9465906)
So how does one buy $5000 worth of a stock that costs $152,955.00 per share?

Because he bought stock in Heinz and not Berkshire Hathaway.

Rain Man 03-08-2013 09:41 PM

Quote:

Originally Posted by Amnorix (Post 9463107)
So question -- do you stick to this even when the 20% increase is within the first year, such that it's a short term capital gain and you're paying taxes at ordinary income rates?

If so, brutal. Don't think I can handle that.

Actually, I've only bought stocks within my IRA, so I haven't had to worry about the tax implications. On my liquid cash I've just done very, very conservative mutual funds with a goal of beating a money market return.

Stanley Nickels 03-08-2013 11:05 PM

Here's a picture of me on e*trade:

http://cdn.memegenerator.net/instanc...x/27323957.jpg

ReynardMuldrake 03-20-2013 07:59 AM

I bought some FRAN on Monday thinking it was due for a short squeeze. 45% shorts of total float is crazy undervalued. It's already up 9% today and looking like it might explode.

https://www.google.com/finance?q=NASDAQ:FRAN

DaKCMan AP 07-12-2013 09:09 AM

Damn - everything is up right now but some of my gains are Awesome.

I realize there will be some pullback at some point but the stocks I've invested in at the beginning of the year I like and want to hold long-term. Plus I can't sell yet because I would be taxed over the capital gains rate.

The one "stupid" investment I made about 1.5 years ago just set a new high today (I'm up about 40% overall on it) but I'm just going to ride that one out. The gains thing doesn't factor in there because I bought that one in a retirement account so no taxes on the gains anyway. Oh well..

I'm actually anxious for a pullback because there are a few stocks I really want to buy (and should have 3 months ago) but I don't want to pay the price they're at right now.

TEX 07-12-2013 10:48 AM

Obama and the Feds are watching this thread. Be careful...

DaKCMan AP 07-12-2013 10:57 AM

Quote:

Originally Posted by TEX (Post 9807261)
Obama and the Feds are watching this thread. Be careful...

https://encrypted-tbn3.gstatic.com/i...ypo5SUfGvj3_ZM

DaKCMan AP 10-16-2015 10:22 AM

Quote:

Originally Posted by DaKCMan AP (Post 9402451)
Nice.

I've recently invested in a couple of individual stocks opposed to just mutual funds. Hoping my basic valuation proves correct.

So a little over 2.5 years later I sold everything except for 1 holding. We just purchased a house and what was "play money" is now better suited for savings.

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.

:)

Discuss Thrower 10-16-2015 10:24 AM

If you beat inflation, it's always a win.


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