|
|
Post by shakin on Feb 4, 2021 12:48:56 GMT -5
BORING IS BEAUTIFUL: HORMEL FOODS - IS YOUR PORTFOLIO BEING SPAMMED? 📈On January 1, 1990, if you had purchased $1,000 worth of Hormel Foods stock and reinvested dividends, your stock would now be worth $329,042 (as of 1/28/2021). That averaged a 20.5% annual return. 📈Had you purchased an additional $1,000 of stock every year on January 1 (or the first trading day of the year), you would now have $1,603,388 (19.66% annual return). 📈 Had you continued to add annually, the annual dividend would be approximately $31,105 or 97% yield on cost ($31,105 divided by $32,000 total investment). Identify companies that you intend to own forever that people continue to use regardless of what is happening in the world. NOTE: Hormel Foods is the maker of Spam. *This is not a recommendation. This example is for illustrative purposes only. Dividends are not guaranteed. * doesn't have to be a binary decision. |
|
|
|
Post by BEAC0NJET on Feb 4, 2021 13:03:21 GMT -5
BORING IS BEAUTIFUL: HORMEL FOODS - IS YOUR PORTFOLIO BEING SPAMMED? 📈On January 1, 1990, if you had purchased $1,000 worth of Hormel Foods stock and reinvested dividends, your stock would now be worth $329,042 (as of 1/28/2021). That averaged a 20.5% annual return. 📈Had you purchased an additional $1,000 of stock every year on January 1 (or the first trading day of the year), you would now have $1,603,388 (19.66% annual return). 📈 Had you continued to add annually, the annual dividend would be approximately $31,105 or 97% yield on cost ($31,105 divided by $32,000 total investment). Identify companies that you intend to own forever that people continue to use regardless of what is happening in the world. NOTE: Hormel Foods is the maker of Spam. *This is not a recommendation. This example is for illustrative purposes only. Dividends are not guaranteed. * Im a big fan of Jack Bogle, and Im a bit of a Boglehead myself. I probably wont create generational wealth with index funds, but I dont have kids, so my main concern is my wife and I having a comfortable retirement. www.investopedia.com/john-bogle-reading-list-books-by-the-father-of-index-funds-4584157 |
|
|
|
Post by southparkcpa on Feb 4, 2021 13:48:47 GMT -5
BORING IS BEAUTIFUL: HORMEL FOODS - IS YOUR PORTFOLIO BEING SPAMMED? 📈On January 1, 1990, if you had purchased $1,000 worth of Hormel Foods stock and reinvested dividends, your stock would now be worth $329,042 (as of 1/28/2021). That averaged a 20.5% annual return. 📈Had you purchased an additional $1,000 of stock every year on January 1 (or the first trading day of the year), you would now have $1,603,388 (19.66% annual return). 📈 Had you continued to add annually, the annual dividend would be approximately $31,105 or 97% yield on cost ($31,105 divided by $32,000 total investment). Identify companies that you intend to own forever that people continue to use regardless of what is happening in the world. NOTE: Hormel Foods is the maker of Spam. *This is not a recommendation. This example is for illustrative purposes only. Dividends are not guaranteed. * Im a big fan of Jack Bogle, and Im a bit of a Boglehead myself. I probably wont create generational wealth with index funds, but I dont have kids, so my main concern is my wife and I having a comfortable retirement. www.investopedia.com/john-bogle-reading-list-books-by-the-father-of-index-funds-4584157Me too... BIG fan of Bogle and as a CFP, more than 60 percent of client money is in Vanguard funds. BOGLE is the Godfather IMO. BUT the above illustration was simply something I saw. My personal biggest holding is the VTI ETF. But love Vanguard Balanced Fund, VGT ETF as well. |
|
|
|
Post by southparkcpa on Feb 4, 2021 13:51:38 GMT -5
BORING IS BEAUTIFUL: HORMEL FOODS - IS YOUR PORTFOLIO BEING SPAMMED? 📈On January 1, 1990, if you had purchased $1,000 worth of Hormel Foods stock and reinvested dividends, your stock would now be worth $329,042 (as of 1/28/2021). That averaged a 20.5% annual return. 📈Had you purchased an additional $1,000 of stock every year on January 1 (or the first trading day of the year), you would now have $1,603,388 (19.66% annual return). 📈 Had you continued to add annually, the annual dividend would be approximately $31,105 or 97% yield on cost ($31,105 divided by $32,000 total investment). Identify companies that you intend to own forever that people continue to use regardless of what is happening in the world. NOTE: Hormel Foods is the maker of Spam. *This is not a recommendation. This example is for illustrative purposes only. Dividends are not guaranteed. * doesn't have to be a binary decision. agreed. No one stock should be more than 10 percent of your net worth. Look at GE for example.... the darling of the 90's, down 90 percent from it's highs. On another JET site I got a recommendation from a guy on PLUG Power (PLUG). Check it out. I put in 23K about 4 months ago at $11 a share. Its now near $70. LMAO. 100K in appreciation from a JETS bulletin board. |
|
|
|
Post by Big L on Feb 4, 2021 14:13:57 GMT -5
doesn't have to be a binary decision. agreed. No one stock should be more than 10 percent of your net worth. Look at GE for example.... the darling of the 90's, down 90 percent from it's highs. On another JET site I got a recommendation from a guy on PLUG Power (PLUG). Check it out. I put in 23K about 4 months ago at $11 a share. Its now near $70. LMAO. 100K in appreciation from a JETS bulletin board. I work with a guy just out of college a year. He said buy PLUG. |
|
|
|
Post by cgjet on Feb 4, 2021 14:57:41 GMT -5
I heard Cheat'in Tom Brady is big into Plug.....Butt Plug.
|
|
|
|
Post by Ff2 on Feb 4, 2021 20:43:35 GMT -5
BORING IS BEAUTIFUL: HORMEL FOODS - IS YOUR PORTFOLIO BEING SPAMMED? 📈On January 1, 1990, if you had purchased $1,000 worth of Hormel Foods stock and reinvested dividends, your stock would now be worth $329,042 (as of 1/28/2021). That averaged a 20.5% annual return. 📈Had you purchased an additional $1,000 of stock every year on January 1 (or the first trading day of the year), you would now have $1,603,388 (19.66% annual return). 📈 Had you continued to add annually, the annual dividend would be approximately $31,105 or 97% yield on cost ($31,105 divided by $32,000 total investment). Identify companies that you intend to own forever that people continue to use regardless of what is happening in the world. NOTE: Hormel Foods is the maker of Spam. *This is not a recommendation. This example is for illustrative purposes only. Dividends are not guaranteed. * Im a big fan of Jack Bogle, and Im a bit of a Boglehead myself. I probably wont create generational wealth with index funds, but I dont have kids, so my main concern is my wife and I having a comfortable retirement. www.investopedia.com/john-bogle-reading-list-books-by-the-father-of-index-funds-4584157Same here on Bogle. Bought into dollar cost averaging when I was fairly young. I had no interest in trying to figure out individual companies to invest in. Still don’t, I just never had the head for that. |
|
|
|
Post by Hotman on Feb 5, 2021 2:13:01 GMT -5
So, I'm trying to figure out... you and your homie bought in, and you got a refund the next week? But he didn't? Howd you get your $ back? i knew if i told him i was bailing he would've spent the whole ride busting my balls and tryna talk me out of it. i also din't want to start a negative vibe wherest cold feet spread, people asked for their money back before i was able to get mine back. we had all given our thousand to the magic triangle fund the week before. i realized that if i hadn't spent the week finding new people to put their money in, likely not too many others were doing that either. so i waited until the guys running it were shilling the tentative noobs in the room with their "there's no risk you can get your money blah blah" and i was like "okay i want my grand back" right in front of the whole crowd. dude was kinda pantsed into digging into the cash sack and giving me my cash back or scaring a roomful of rubes. i didn't care i just wanted my cash back so the future mrs. shakin would stop being pissed and start seksing me again Damg bro pretty good move I like that. I like the touch of waiting for him to tell the rubes you can get yr money back anytime... he must have wanted to KILL you n Green under his breath lol. Although would you have got rich? What was the final result? And green stayed in, or he pulled out too? |
|
|
|
Post by Hotman on Feb 5, 2021 2:13:32 GMT -5
Same here on Bogle. Bought into dollar cost averaging when I was fairly young. I had no interest in trying to figure out individual companies to invest in. Still don’t, I just never had the head for that. Bogle the wine company? |
|
|
|
Post by shakin on Feb 5, 2021 2:16:52 GMT -5
i knew if i told him i was bailing he would've spent the whole ride busting my balls and tryna talk me out of it. i also din't want to start a negative vibe wherest cold feet spread, people asked for their money back before i was able to get mine back. we had all given our thousand to the magic triangle fund the week before. i realized that if i hadn't spent the week finding new people to put their money in, likely not too many others were doing that either. so i waited until the guys running it were shilling the tentative noobs in the room with their "there's no risk you can get your money blah blah" and i was like "okay i want my grand back" right in front of the whole crowd. dude was kinda pantsed into digging into the cash sack and giving me my cash back or scaring a roomful of rubes. i didn't care i just wanted my cash back so the future mrs. shakin would stop being pissed and start seksing me again Damg bro pretty good move I like that. I like the touch of waiting for him to tell the rubes you can get yr money back anytime... he must have wanted to KILL you n Green under his breath lol. Although would you have got rich? What was the final result? And green stayed in, or he pulled out too? uncle |
|
|
|
Post by Hotman on Feb 5, 2021 2:19:15 GMT -5
Damg bro pretty good move I like that. I like the touch of waiting for him to tell the rubes you can get yr money back anytime... he must have wanted to KILL you n Green under his breath lol. Although would you have got rich? What was the final result? And green stayed in, or he pulled out too? uncle It was your uncle? I thought green was saying he got in too. Must have misread it |
|
|
|
Post by BEAC0NJET on Feb 5, 2021 8:55:13 GMT -5
Same here on Bogle. Bought into dollar cost averaging when I was fairly young. I had no interest in trying to figure out individual companies to invest in. Still don’t, I just never had the head for that. I realized early - Im just not smart enough to beat the market. So buy the whole market. |
|
|
|
Post by frostlich on Feb 5, 2021 10:37:37 GMT -5
Danng...crypto rolling today.
|
|
|
|
Post by Trades on Feb 5, 2021 15:32:54 GMT -5
|
|
|
|
Post by shakin on Feb 5, 2021 15:40:57 GMT -5
|
|
