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(Network World)   If your Mom and Dad had bought you 100 shares of Microsoft stock 25 years ago, you'd speak much better of them today   (networkworld.com) divider line 69
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10407 clicks; posted to Geek » on 12 Mar 2011 at 8:43 AM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2011-03-12 08:57:30 AM  
And if my aunt had balls she'd be my uncle.
 
2011-03-12 09:02:31 AM  
McDonalds!
 
2011-03-12 09:06:15 AM  
Please, please stop. I had about $5000 in cash back in '85 that I inherited from my grandmothers estate. I was 19. What did I do with it instead of investing in a house (that would have cost around 70k and would be worth about 450k now, paid off and 5 houses behind me) or buy stock in Cisco or Microsoft? Why, I bought a used car and blew the rest on my girlfriend, dates, movies, and crap that I can't even remember. Fark me with a spoon I'm going to spend the rest of my life broke..
 
2011-03-12 09:08:34 AM  
How about if you bought it in 1995, held it for about five years, then traded it for Apple.
 
2011-03-12 09:19:09 AM  
To hell with 25 years ago. I got cash money now, what should I invest in?
 
2011-03-12 09:22:59 AM  
indarwinsshadow:

How many grandmothers did you have?
 
2011-03-12 09:24:52 AM  

Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?


I'll get flamed, but:

If you're looking for the long haul--i.e., something to invest in now, and not touch for 30 years--split your money across at least three major player stocks, no more than one company per industry;

also, try to buy companies that are downswings. For example, someone mentioned Cisco--they're trading close to their 365 day low, but they're one of the most stable tech stocks out there.

But if, on the other hand, you're looking to make money in the short term...don't.
 
2011-03-12 09:25:27 AM  
I want to say one word to you. Just one word, Crudbucket. Canada.
 
2011-03-12 09:27:48 AM  
The vanity plate on one of my dad's several cars is "THX MSFT"
 
2011-03-12 09:31:07 AM  

Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?


FARK.com
 
2011-03-12 09:50:23 AM  
If I had fifty thousand dollars for every time somebody told me that I'd be a millionaire.
 
2011-03-12 10:08:17 AM  

Summer Glau's Love Slave: Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?

http://FARK.com/

Honest Bender
 
2011-03-12 10:08:20 AM  
And stock in Apple...
 
2011-03-12 10:12:35 AM  

Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?



Index funds and a subscription to CNN Money magazine.

/and watch the suze orman show
 
2011-03-12 10:25:39 AM  
I bought 5 shares of Microsoft about 15 years ago. It's now 40 shares. Almost did it right.
 
2011-03-12 10:28:16 AM  
My parents bought a lot of JCI, which also pays dividends.
 
2011-03-12 10:33:09 AM  

someguy945: Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?


Index funds and a subscription to CNN Money magazine.

/and watch the suze orman show


What if I just watch Kristen Wiig's Suze Orman impersonation on SNL?
 
2011-03-12 10:43:10 AM  

Honest Bender: Summer Glau's Love Slave: Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?

http://FARK.com/
Honest Bender


cleverocity.com

Flexo frowns on your shennanigans.
 
2011-03-12 10:49:12 AM  
My dad died on March 13th 1986.
 
2011-03-12 10:51:19 AM  

Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?


NVDA, as soon as it settles. Soon Nvidia will be providing most of the silicon in every computing form-factor around, from cellphone to server. They are going to take down Intel.

The stock has (wrongfully, IMO) dropped about 1/3 in the last couple of weeks -a buying opportunity for sure. The analysts crapped all over it recently, so wait for it to bottom (it may have already). And read up about why the analysts crapped all over it, too - a nice concise way to do your diligence. Also seee this good summary on Nvidia. (new window)

Also, consider HTC, which trades on the Taiwanese market ONLY. That's one reason, besides their meteoric growth - once they do ADRs, which they inevitably will, the stock will explode even more. The stock has nearly quadrupled in the last two years. HTC is a pretty successful smartphone maker.

// I'm long in both currently.
 
2011-03-12 10:53:49 AM  
Worth only 750k.....how much does the government steal?
 
2011-03-12 10:55:52 AM  
Fark that. I would have sold it by the mid-90s when it became impossible to ignore that MS is a defective corporation that's dragging us all down.

Money's nice, but you can't shake the devil's dick and just say you're only kidding. Your hand is still going to stink forever.
 
2011-03-12 11:05:24 AM  
Cisco is a nice and solid company that I can feel comfortably anchoring my portfolio on. I've seen several articles in the last few days that Nvidia is ready for an uptick, so I'm going to get in on that as well. And I have an HTC phone that I really like, so I'm going to toss some cash in that direction as well.

What about the long shots? Where can I roll dem bones on a volatile high-risk venture? I actually spent a few minutes looking into the Iraqi Stock Exchange just for kicks, but I'm worried that it'll get me on some terrorist watchlist.
 
2011-03-12 11:05:35 AM  
My Dad bought Coleco stock at the employee discount in the 80's:
- Cabbage patch dolls
- all those plastic pools
- Colecovision game system

A couple of his employees later went on to make a little game called Civilisation, proving that games are the future!

//Coleco died in the great videogame crash of the mid 80's
 
2011-03-12 11:05:45 AM  

RandomAxe: Fark that. I would have sold it by the mid-90s when it became impossible to ignore that MS is a defective corporation that's dragging us all down.

Money's nice, but you can't shake the devil's dick and just say you're only kidding. Your hand is still going to stink forever.


Care to elaborate on that?
 
2011-03-12 11:08:42 AM  

Opposite: Worth only 750k.....how much does the government steal?


Zero until you sell (well, you'll pay 15% of the dividends), and 10% at that point.

If you make all your income through long-term capital gains and dividends, your effective tax rate will not be higher than 15%. Investors are not being robbed at gunpoint by the government.
 
2011-03-12 11:09:05 AM  

indarwinsshadow: Please, please stop. I had about $5000 in cash back in '85 that I inherited from my grandmothers estate. I was 19. What did I do with it instead of investing in a house (that would have cost around 70k and would be worth about 450k now, paid off and 5 houses behind me) or buy stock in Cisco or Microsoft? Why, I bought a used car and blew the rest on my girlfriend, dates, movies, and crap that I can't even remember. Fark me with a spoon I'm going to spend the rest of my life broke..


This is why I plan on opening a Roth IRA for my kids as soon as they start working, and not letting them know anything about it other than that it exists. I wouldn't even tell them that, except they may try to start one on their own and exceed the contribution limit.
 
2011-03-12 11:12:33 AM  

Opposite: Worth only 750k.....how much does the government steal?


You sound ignorant. Was that your goal?
 
2011-03-12 11:19:29 AM  

pudding7: indarwinsshadow: Please, please stop. I had about $5000 in cash back in '85 that I inherited from my grandmothers estate. I was 19. What did I do with it instead of investing in a house (that would have cost around 70k and would be worth about 450k now, paid off and 5 houses behind me) or buy stock in Cisco or Microsoft? Why, I bought a used car and blew the rest on my girlfriend, dates, movies, and crap that I can't even remember. Fark me with a spoon I'm going to spend the rest of my life broke..

This is why I plan on opening a Roth IRA for my kids as soon as they start working, and not letting them know anything about it other than that it exists. I wouldn't even tell them that, except they may try to start one on their own and exceed the contribution limit.


Your intentions are good, but you can't hold their hand forever. It would be better for them in the long run if they knew everything about it and understood the math behind WHY they should never withdraw early. Tracking their progress could also get them excited about investing.

If you instead keep it a secret and then one day hundreds of thousands of dollars are dumped into their lap, it would be like winning the lottery. And we all know what many/most lottery winners end up doing with their jackpot, right?
 
2011-03-12 11:33:46 AM  

jonnyh: Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?

NVDA, as soon as it settles.


Heh, we just sold our NVDA @ ~24.50 after buying it @ ~8. Hope we didn't make the wrong decision. :)
 
2011-03-12 11:40:44 AM  
Teva (new window)
 
2011-03-12 11:41:36 AM  
i.imgur.com
 
2011-03-12 11:52:53 AM  

ptr2void: jonnyh: Crudbucket: To hell with 25 years ago. I got cash money now, what should I invest in?

NVDA, as soon as it settles.

Heh, we just sold our NVDA @ ~24.50 after buying it @ ~8. Hope we didn't make the wrong decision. :)


Not at all, and I wish I done the same. I'd be back buying the same position at a discount and pocketing a bit of profit. But I do believe that Nvidia is going to be a very good long-term investment like MS was.
 
2011-03-12 12:29:59 PM  

indarwinsshadow: Please, please stop. I had about $5000 in cash back in '85 that I inherited from my grandmothers estate. I was 19. What did I do with it instead of investing in a house (that would have cost around 70k and would be worth about 450k now, paid off and 5 houses behind me) or buy stock in Cisco or Microsoft? Why, I bought a used car and blew the rest on my girlfriend, dates, movies, and crap that I can't even remember. Fark me with a spoon I'm going to spend the rest of my life broke..


That's alright. In High school (mid 90s) I found out my Grandmother left all her grandkids shares of her westinghouse stock. I begged my father to let me sell it and buy Apple (about $6 at the time). He said he'd look into it at work.

Came back and declared that "his people" told him Apple was about to go bankrupt, and the Westinghouse stock was a much better option since the CBS merger was finishing up.

If he let me do it I would have about $200,000 in Apple stock today.

That Westinghouse turned CBS stock has made me about $500.


/thanks Dad
//csb
 
2011-03-12 12:31:12 PM  
Heck if your parents had bought you three hundred bucks worth of Toys R Us stock during the late 70's, you'd have about eighty five million dollars now.
 
zz9
2011-03-12 12:46:36 PM  
In the dotcom crash shares in Regus, office services, dropped from 500 to 3 despite strong financials. I thought about buying some but didn't.
They recovered, and are now at 100.

/csb
 
2011-03-12 12:48:58 PM  
How do these charts work? If Microsoft has split 9 times, shouldn't there be 9 places where the graph is instantly chopped in half? Even if they did 2 for 3 splits, there should be sudden, huge dips. I don't see many, and certainly not 9.
 
2011-03-12 01:45:36 PM  

Tommy Moo: How do these charts work? If Microsoft has split 9 times, shouldn't there be 9 places where the graph is instantly chopped in half? Even if they did 2 for 3 splits, there should be sudden, huge dips. I don't see many, and certainly not 9.


It's adjusted for splits, that's why the original offering price looks like about a buck instead of $21.
 
2011-03-12 01:55:59 PM  
What would your return be if you had bought the IPOs that year that weren't Microsoft and Oracle?
 
2011-03-12 02:31:03 PM  

jonnyh: NVDA, as soon as it settles. Soon Nvidia will be providing most of the silicon in every computing form-factor around, from cellphone to server. They are going to take down Intel.


Quite a prediction.
 
2011-03-12 02:37:40 PM  
Just to elaborate, Nvidia has a total market value of $10.5B, and even that is at a very high 42x earnings multiple. Intel is worth $115B and is only selling at a bargain 10.3x earnings.

Maybe that's because the market is pricing in massive growth for Nvidia and stagnation for Intel, but I don't see them "taking down" Intel any time soon. Not when Intel has $21B in CASH, twice the entire value of Nvidia. Last year Intel spent twice as much in R&D alone as Nvidia had in total revenue!
 
2011-03-12 02:42:41 PM  

Dear Jerk: How about if you bought it in 1995, held it for about five years, then traded it for Apple.


I got in on Apple when it was in the 20s, I just wish they were more prone to splitting.
 
2011-03-12 04:22:14 PM  
I bought Qualcomm and sold it when it had tripled. Then it went up about thirty-fold more ...

But hey, I bought some nice new flooring with the profits.
 
2011-03-12 05:31:42 PM  
Hmmm...if the money spent on the first year of the private college I went to went into MS stock, instead, I'd have over $23,000,000.00.

Okily, time to load up Mr. Shotgun and make an Expressionist painting on the wall!!!
 
2011-03-12 05:44:09 PM  

DeathByGeekSquad: I got in on Apple when it was in the 20s, I just wish they were more prone to splitting.


Why? What possible difference could it make to the value, which, of course, is the only thing that matters.
 
2011-03-12 05:57:32 PM  

ComicBookGuy: Hmmm...if the money spent on the first year of the private college I went to went into MS stock, instead, I'd have over $23,000,000.00.

Okily, time to load up Mr. Shotgun and make an Expressionist painting on the wall!!!


Can I have your stuff?
 
2011-03-12 05:59:12 PM  

Boxcutta: Opposite: Worth only 750k.....how much does the government steal?

You sound ignorant. Was that your goal?


Did you wait until someone gave me a good answer before vomiting your response so you could pretend to know a thing or two?
 
2011-03-12 07:30:44 PM  

JohnBigBootay: Why? What possible difference could it make to the value, which, of course, is the only thing that matters.


If you have N shares worth $X, and the stock splits, you now have 2N shares worth $X/2, yes? Now, imagine the stock price rises $1 after the split- you've actually made $2N dollars on that bump, vs. $1N that you would have made before the split. Of course, you've also increased your risk.
 
zz9
2011-03-12 07:51:52 PM  

t3knomanser: JohnBigBootay: Why? What possible difference could it make to the value, which, of course, is the only thing that matters.

If you have N shares worth $X, and the stock splits, you now have 2N shares worth $X/2, yes? Now, imagine the stock price rises $1 after the split- you've actually made $2N dollars on that bump, vs. $1N that you would have made before the split. Of course, you've also increased your risk.


img543.imageshack.us

Shares don't just "go up a dollar". Psychology may have some effect but most traders look at percentages, P/E ratios etc.
So a share that has split going up $1 would have gone up $2 had they not split.

If I offer to sell you a pizza cut into four for $10 or the same pizza cut into eight for $20 which one would you buy?
 
2011-03-12 08:04:35 PM  

zz9: Shares don't just "go up a dollar".


I'm over-simplifying. The reality is though that stock-splits do entice investors for a variety of reasons, in part because it does increase the volatility of the stock, which is what I was trying to express. If you're confident in a company's future and their stock splits, that's good for you- the price will be more volatile, but in a generally upward direction (assuming you guessed correctly).
 
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