The stock market

Yeah, I ain’t buying EX Large eggs no more, I’m gonna save $0.20 from now on buying da regular Large carton...

how’s fishing ? today JoeB... cellie...

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?It’s good on the porgy front! Some 17”er around keep things exciting...

My apples are getting “Juicy”!!??

[EL Making a Come Back ]('https://finance.yahoo.com/quote/EL?p=EL')

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Girls gotta look good while sporting those ear pods and enjoying that 5G...JUIICCY!!

take profits and take em often...we r topping out boys!

take profits and take em often...we r topping out boys!

I'm long - very long on this stock - bought it at IPO haven't sold any other then to cover part of my daughter's college.

yup/// i hear that a lot.....don't understand why...but it's ur dough....it's like walking down the street and seeing a 100 dollar bill on the floor but not picking it up hoping there will be 200 the next time

Huh?

yup/// i hear that a lot.....don't understand why...but it's ur dough....it's like walking down the street and seeing a 100 dollar bill on the floor but not picking it up hoping there will be 200 the next time

This has literally nearly been a "walking down the street and seeing a 100 dollar bill on the floor but not picking it up hoping there will be 200 the next time".

That $200 has so far nearly always been there.

I bought at the IPO of $26 a share - it's split two for one 3 times - I roll the dividend back into the stock & was purchasing more of it during the years that I worked there through a payroll deduction program - received Grants & Options several times a year from the company as well.

It's been a golden nugget.

Cashed out nearly $60,000 to cover my daughter's school loans.
The ex wife got $90,000 worth + $20,000 in options.
I'm still sitting on $60 to $70,000 worth of it. Which will go to my daughter when either she gets married or I die.

It's been good to me & it's not costing me a cent to hold onto it.

Why would I sell & pay taxes on all of that profit?

This has literally nearly been a "walking down the street and seeing a 100 dollar bill on the floor but not picking it up hoping there will be 200 the next time".

That $200 has so far nearly always been there.

I bought at the IPO of $26 a share - it's split two for one 3 times - I roll the dividend back into the stock & was purchasing more of it during the years that I worked there - received Grants & Options several times a year from the company as well.

It's been a golden nugget.

Cashed out nearly $60,000 to cover my daughter's school loans.
The ex wife got $90,000 worth + $20,000 in options.
I'm still sitting on $60 to $70,000 worth of it. Which will go to my daughter when either she gets married or I die.

It's been good to me & it's not costing me a cent to hold onto it.

Why would I sell?

SELL HIGH AND BUY LOW.......IT WENT FROM 220 TO 137 and now is peaking again.....good luck

EL has a P/E over 50....priced for perfection and then some....any blips and it will crash faster than the average stock...as it did recently...but roller coasters are fun.....so strap in!

This has literally nearly been a "walking down the street and seeing a 100 dollar bill on the floor but not picking it up hoping there will be 200 the next time".

That $200 has so far nearly always been there.

I bought at the IPO of $26 a share - it's split two for one 3 times - I roll the dividend back into the stock & was purchasing more of it during the years that I worked there through a payroll deduction program - received Grants & Options several times a year from the company as well.

It's been a golden nugget.

Cashed out nearly $60,000 to cover my daughter's school loans.
The ex wife got $90,000 worth + $20,000 in options.
I'm still sitting on $60 to $70,000 worth of it. Which will go to my daughter when either she gets married or I die.

It's been good to me & it's not costing me a cent to hold onto it.

Why would I sell & pay taxes on all of that profit?

Good for you ! There is a big difference between investing and trying to "play the market" , which is more like gambling. The gambler picks up the 100.00 and runs. The investor picks it up and buys some more shares in a solid company.

My biggest problem was the old Alternate Minimum Tax and my "qualified" stock options. If I just exercised the options and didn't immediately sell, I'd be paying 28% tax on the difference between the option price and current market, but I hadn't really made any money yet. Drove me nuts, writing 6 figure checks to the IRS for the "privilege" of holding onto stock for 1 year or more to qualify for Capital Gains when I sold it.

The company finally stopped giving us qualified options so that problem eventually went away and I think it was President "W" who gave AMT relief and I got most of that money back, but sheesh, this was getting taxed betting on the come...

the pros buy low and sell high and then buy low again...wash...rinse ...repeat...then you have the sheep...they are trained to buy and hold...not sell at the high and then PUKE up their shares in a panic at the lows back to the pros who then feed the sheep all over again otherwise known as the "investor" AKA Joe6pack......not actively managing your portfolio by buying and selling is a suckers game.....but for every winning transaction there has to be a loser....so the market would not function with no sheep to shear!!! BAAAAAA!!!

It depends on if any one wants to make themselves crazy keeping up wit dis shit...and how much they have in secured funds at 7%,

I like to sleep ? soundly at night, some peeps have visible aggression... cellfish...
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what’s ya % gains over long term...?

what secured funds pay 7%

all I know is that despite my age (69) most of our investments is with stocks in mutual funds and various annuities (both stocks and bonds) and we have more now than ever (although with the gubmint printing money to give away to people its probably worth a little less in reality, huh?)

what secured funds pay 7%

google it...

I bought several stocks back in March at the very low. I'm willing to let it ride till November and see what happens with elections. Same with my deferred comp, depending on election will make me determine what I do with everything. Unfortunately I moved everything into stable on election night 2016. Needles to say I missed a lot on the up swing. Got back in a little late, but still made a profit.