I really need to follow the news more. I knew something was hinky about my investments this morning when they were up more than usual; evidently Coca-cola proposed, passed, and then finally issued a stock split; the split occurred yesterday.
My favorite quote in the news coverage comes from nearly 30-years ago:
Warren Buffett: Could we really improve our shareholder group by trading some of present clear-thinking members for impressionable new ones who, preferring paper to value, feel wealthier with nine $10 bills than with one $100 bill?
This past year has marked my first forays into investment; so far I’m up about 8% over what I put into the market. I’m using dumb-luck as my primary investment tool, followed by buying stock in things I like, and particularly in things I like that have a solid record regarding dividends (which seems to pump up the returns right now).
My best buy so far: Disney
My worst buy so far: Facebook*
My favorite personal finance blogs include:
For years Marc and I just got by; the idea of investing in the future, in our future, wasn’t one that meshed with our choice to live simply and spend as much time together as a family as was humanly possible. These days we’re able to begin thinking about what we’d like our financial future to look like (even if we aren’t so much able to put those plans into action as yet). My first forays into investing are part of that new plan.
* Thank goodness it was an order for a single share each for me and Marc; at least my losses are severely limited. I continue to hold the stock because it reminds me that I should stick with my usual strategy for picking stocks.