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Bought a new index portfolio today

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  • Bought a new index portfolio today

    Stuff I use a lot and/or I like their stuff. One share of each. Just for fun.

    AT&T
    GOOGLE
    AMAZON
    APPLE
    BERKSHIRE HATHAWAY
    DISNEY
    HOME DEPOT
    JOHNSON & JOHNSON
    MCDONALDS
    MICROSOFT
    ULTA
    UNILEVER
    VERIZON

    Wanted to buy some Mars candy stock but they are privately held.

    0.4% of my portfolio all in.

    The rest of my portfolio is all very low cost index funds, so this is extent of my excitement in investing.

    Anyone else use this incredibly scientific approach to buying stock?

  • #2
    Yes but we have a lot of stock from when DH was playing the market before we got burned by UCO. An oil index play. We lost around six figures in that. That turned him off stock picking and fully into index funds.

    Now we just hold whatever he had bought. I believe i have Google, Paypal, and a couple others i can't recall off the top of my head.

    I play with buying some berkshire
    LivingAlmostLarge Blog

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    • #3
      UCO, ouch.

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      • #4
        BERKSHIRE HATHAWAY A or B?

        We sold everything except Disney and a utility stock back when I retired a few years ago. Now, it’s just index funds.

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        • #5
          Originally posted by Like2Plan View Post
          BERKSHIRE HATHAWAY A or B?

          We sold everything except Disney and a utility stock back when I retired a few years ago. Now, it’s just index funds.
          The non $300,000 / share version (B). I bought that so if I switch to Geico I get an extra 8% off their insurance. Plus I get to say I own a share of BRK.

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          • #6
            I own some of the stocks on your list.

            Verizon has been good to me and pays a nice healthy dividend.
            Brian

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            • #7
              BRK.B is a stock I would like to own. But, every time I get the itch to buy an individual stock I remind myself that it is contrary to my investment plan.
              (But, I could always change that, right? )

              The other thing that stops me is I wonder what direction BRK will take after Warren Buffet retires. Any thoughts on that?

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              • #8
                Originally posted by Like2Plan View Post
                BRK.B is a stock I would like to own. But, every time I get the itch to buy an individual stock I remind myself that it is contrary to my investment plan.
                (But, I could always change that, right? )

                The other thing that stops me is I wonder what direction BRK will take after Warren Buffet retires. Any thoughts on that?
                No clue. Figured I can't do too much damage though with just 1 share.

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                • #9
                  Originally posted by LivingAlmostLarge View Post
                  Yes but we have a lot of stock from when DH was playing the market before we got burned by UCO. An oil index play. We lost around six figures in that.
                  Can't play with those leveraged ETF's.
                  The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
                  - Demosthenes

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                  • #10
                    let's not talk too much about some of our stupidity. BUT you can easily lose money on stocks. Sigh. Well on the bright side my DH no longer trades and is totally into the lazy LAL portfolio of buy and sell. And what we did lose we could afford to. It was just a percentage of the whole so I figure a expensive lesson to learn but he learned it early at least. But it makes me sick to think about how much more we could have had if he'd just left it in my boring ETF and been average.
                    LivingAlmostLarge Blog

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                    • #11
                      if we'd put $100k into VTI in 2010 we'd have $220k today more. BLECH so a $300k loss let's round it. with my money plus gains.
                      LivingAlmostLarge Blog

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                      • #12
                        Originally posted by corn18 View Post

                        Anyone else use this incredibly scientific approach to buying stock?
                        Nope, but it sounds like fun.

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                        • #13
                          Singles shares are fun - but doesn't make the most sense from a cost perspective to save up and make a buy of 100 shares? Right, so if if each trade costs you 5 dollars, isn't your trading cost kinda high from a percentage perspective?

                          So if you get just one share of Microsoft at $85 and it costs you $5 a trade, then it costs you 5.8% (5/85) percent just to get the stock.

                          However, if you saved up $8,500 then bought the stock it would only cost you less than 1 percent (.058 percent (5/8,500)) to make the buy.
                          james.c.hendrickson@gmail.com
                          202.468.6043

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                          • #14
                            Originally posted by james.hendrickson View Post
                            Singles shares are fun - but doesn't make the most sense from a cost perspective to save up and make a buy of 100 shares? Right, so if if each trade costs you 5 dollars, isn't your trading cost kinda high from a percentage perspective?

                            So if you get just one share of Microsoft at $85 and it costs you $5 a trade, then it costs you 5.8% (5/85) percent just to get the stock.

                            However, if you saved up $8,500 then bought the stock it would only cost you less than 1 percent (.058 percent (5/8,500)) to make the buy.
                            There is no logic to buying these stocks. Yes, I should have bought lots of 100. Yes I should have done some research. This wasn't a logical action, it was just something fun to do. I do not ever recommend owning individual stocks in your portfolio for any reason. I recommend owning them all via index funds. But that is boring and I needed some excitement.

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                            • #15
                              How is the corn18 fund doing so far?

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