Thread: SAVE stock
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Old 02-27-2021 | 08:31 AM
  #21  
Cyio
Gets Weekends Off
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Gets Weekends Off
 
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Originally Posted by bottoms up
One of my best holdings to this day was from some random pax on a flight to PVG. He was some upper upper lever MSFT guy. Gave me the sell job on MSFT stock. I did some research and bought in hard around 80-90/share. quarterly dividends reinvested. It’s a hold forever stock.

growing up my dad was the one who always taught us the value of a dollar. I mean the man specially ordered a Toyota camary for my mom with manual transmission and roll up windows because he said automatic and power windows were options not needed for safe transportation from point A to B. Just a luxury.

for my 16th birthday I got no car but a DRIP for XOM. From my job in HS to this day I put a specific % in it. He match contributions In HS. Dividends just get invested.

Im not at hardcore as he was but I look at long term value. It has done me well. While I have missed some spectacular short term gainers the long term investment has always panned out.

we all want to see spectacular gains in days,weeks, and months but I look back at some things I hold that took a while to get moving and just say...Patience...then I just close that browser

Anyone else grew up dollar cost averaging ski lift tickets? We had to ski runs until we’re were well under $1/run. I still do this in my head!
I mean I guess we all find things we enjoy, but if I am counting ski runs to make sure it’s only costing me $1, I can’t afford to be on the slopes.

I am not criticizing, we all have different priorities. I have no doubt you have more money saved/invested than I do, which is fun in and of itself.
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