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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. |
I'm disappointed to hear that they don't pay dividends in Ketchup.
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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. |
It's amazing the debt Heinz had.
Democrat in Debt. Duh. |
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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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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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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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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That profit you made of the sale of that stock? You, you didn't build that!
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