The Investment Thread (3 Viewers)

[efil4stnias]

When did you buy Microsoft ? Like 1986 ??

dude i wish. Had i bought MSFT then, id be retired now.lol

No like 3 years ago - when it was like $60/share.

But id like to double or triple my shares since MSFT historically split every time their share price exceeded a certain threshold. ( and they pay divi)

Now all of sudden they wanna be Berkshire or Amazon and let it appreciate as high as it will go.

Figures.


BTW in 1986 i wasnt buying MSFT - i was saving for a pack of Marlboros, a dime bag and a 40 of King Cobra on Fridays

 

[NewOrleansFan]

Seriously ? I dont remember it ever getting that high.. guess i need to pay closer attention…


ETA i do remember it splitting, it was 5-1 .. any idea if it would be 5-1 again, or somehting else ?

No idea. I would think 4-1 or 5-1 if it splits.

 

[efil4stnias]

Seriously ? I dont remember it ever getting that high.. guess i need to pay closer attention…


ETA i do remember it splitting, it was 5-1 .. any idea if it would be 5-1 again, or somehting else ?

it was 4 to 1 and it split at 1600.

i debated to jump then at 50 shares when it was like $440 -$480 range and by the time i had made up my mind it was $700 and i passed.

 

[Mr. Blue Sky]

it was 4 to 1 and it split at 1600.

i debated to jump then at 50 shares when it was like $440 -$480 range and by the time i had made up my mind it was $700 and i passed.

Wait, NO Fan above claimed it split at $2400(?) I seem to remember it being closer to the $1600 you mentioned.. i am 100% positive that it was 5-1 though, b/c i owned very few shares of TSLA and now i own exactly 5 times that amount.

 

[Mr. Blue Sky]

dude i wish. Had i bought MSFT then, id be retired now.lol

No like 3 years ago - when it was like $60/share.

But id like to double or triple my shares since MSFT historically split every time their share price exceeded a certain threshold. ( and they pay divi)

Thats still a very , very good return in 3 yrs .. btw i think ive asked you about this before, but what are your best dividend paying plays ? Im thinking about pouring a lot really soon into divi-paying REITs, specifically Vanguard.. i know you mentioned SPG before, anyhting else ?

BTW in 1986 i wasnt buying MSFT - i was saving for a pack of Marlboros, a dime bag and a 40 of King Cobra on Fridays

In ‘86 i was lucky to have $20 in my Velcro wallet to splurge on my second copy of License to Ill since i wore out the first one ! Come to think of it , that mighta been early ‘87.. in any case, i was still 2 or 3 yrs away from trying alcohol or the wacky -tabacky , hippie lettuce.

 

[efil4stnias]

Wait, NO Fan above claimed it split at $2400(?) I seem to remember it being closer to the $1600 you mentioned.. i am 100% positive that it was 5-1 though, b/c i owned very few shares of TSLA and now i own exactly 5 times that amount.

oh maybe it was 5-1

edit it was

Tesla Can Create Its Own Catalyst. Split the Stock Again.

Tesla split its stock five for one in August 2020, and shares raced higher for the rest of the year. Can Tesla repeat the feat in 2021? Veteran investor Gary Black thinks so.

www.barrons.com

 

[NewOrleansFan]

Wait, NO Fan above claimed it split at $2400(?) I seem to remember it being closer to the $1600 you mentioned.. i am 100% positive that it was 5-1 though, b/c i owned very few shares of TSLA and now i own exactly 5 times that amount.

Just checked. They split at around 2200 to 440 but then price went up to around 500 by the end of the trading day.

 

[efil4stnias]

Thats still a very , very good return in 3 yrs .. btw i think ive asked you about this before, but what are your best dividend paying plays ? Im thinking about pouring a lot really soon into divi-paying REITs, specifically Vanguard.. i know you mentioned SPG before, anyhting else ?







In ‘86 i was lucky to have $20 in my Velcro wallet to splurge on my second copy of License to Ill since i wore out the first one ! Come to think of it , that mighta been early ‘87.. in any case, i was still 2 or 3 yrs away from trying alcohol or the wacky -tabacky , hippie lettuce.

Look at SPG - thats my big divi payer. I planned on looking at REITs this year. Ill let you know what my FA says when i talk with him mid month.

LOL Velcro wallet- no license, no cards, just some dollar bills and the picture the wallet came with in the license holder spot.

But the whole store knew you were buying something.........rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrip.

lol

 

[efil4stnias]

Just checked. They split at around 2200 to 440 but then price went up to around 500 by the end of the trading day.

Ha - east coast time its FO TWENTY

 

[Mr. Blue Sky]

I planned on looking at REITs this year. Ill let you know what my FA says when i talk with him mid month.

Sweet.. fwiw im looking specifically at VGSLX, which is very similar to VNQ, but VNQ is an ETF whereas VGSLX requires an initial $3k investment and is i believe an index fund.

 

[efil4stnias]

Sweet.. fwiw im looking specifically at VGSLX, which is very similar to VNQ, but VNQ is an ETF whereas VGSLX requires an initial $3k investment and is i believe an index fund.

FYI i also think Dec/early Jan is BEST time to buy funds because they pay out the return then ( or at least book the return ) which pulls price down

ill ask him specifically about those.

 

[Turfie]

My blind folded dart throw for $100 will be BCSAW - Blockchain Coinvestors Acquisition Corp. Found the ticker by just typing in random letters and it looks like they first starting trading last Friday.

 

[Turfie]

The Fed discretely printed 4.5 trillion dollars to JP Morgan, Goldman Sachs, and Citibank in 2019. Not a single word printed by the media.

 

[superchuck500]

The Fed discretely printed 4.5 trillion dollars to JP Morgan, Goldman Sachs, and Citibank in 2019. Not a single word printed by the media.

I dunno. It was December 31, a Friday. And the loans and amounts were covered two years ago, and well-covered. The only news here is which firms and how much each got (was there any real question as to which?).

The idea that a firm like Reuters isn't running news to avoid new legislation separating the federally-insured commercial banks from the investment banks which would ostensibly harm the banks that "own" the New York Fed" which fuels the New York City economy, which in turn provide a boon of ad dollars to the media companies like Reuters isn't persuasive to me. If "potentially vaguely harmful to the New York City economy" was the basis for a news "gag order", they'd hardly have anything to report.

 

[Saint_Ward]

I dunno. It was December 31, a Friday. And the loans and amounts were covered two years ago, and well-covered. The only news here is which firms and how much each got (was there any real question as to which?).

The idea that a firm like Reuters isn't running news to avoid new legislation separating the federally-insured commercial banks from the investment banks which would ostensibly harm the banks that "own" the New York Fed" which fuels the New York City economy, which in turn provide a boon of ad dollars to the media companies like Reuters isn't persuasive to me. If "potentially vaguely harmful to the New York City economy" was the basis for a news "gag order", they'd hardly have anything to report.

I'm confused. They said this too in October. Dodd-Frank allows 8 quarters. Did they violate that?

Quietly, the Fed Releases the Names of Banks that Got Billions in Emergency Repo Loans in 2019

By Pam Martens and Russ Martens: October 13, 2021 ~ The Federal Reserve Bank of New York has quietly posted the names of the banks that grabbed billions

wallstreetonparade.com