Quote:
Originally Posted by gnadfly
Both Amzn and Google beat expectations. Looks like we might set another record tomorrow. Thanks President Trump. Thanks America.
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i own google, amazon, apple and recently bought 9k in microsoft along with facebook. i did this because my investment broker likes players in Cloud Computing. right now at least all of these companies are the leaders
my breakdown .. my IRA and my wealth accounts combined ..
Google 8k
Amazon 9k
Apple 7k + 14k = 21k
facebook 7k
microsoft 9k
so i have in round numbers 54k in these stocks.
of course i have more than that in reality because i'd have to check my 401k, several of my large cap investments also have these companies as part of the portfolio. i'd guess without bothering to check about 5k more.
so that's 59k in the above stocks.
i recently asked my broker what he does with dividends from my stocks .. i expected him to say "i re-invest hem into the stock".
his answer was .. "No, i put all your dividends into your money market account to claim the value then when you have enough spare change i pick another investment"
this makes perfect sense .. if you plow the dividends back into the stock and it dips .. you lose it. this way i keep it no matter what happens in the market.
and i accrue cash from the dividends to .. buy stocks at a value if the market does dip. that's always a player's signal to BUY BUY BUY!!!
bahhaaa
big players like Buffet and Icahn at el can rally the market just by snapping up blue chips at a bargain. happens every time there is a dip in the market.
checking my money market account, i've accrued 2,100 from my dividends. and climbing .. free money!!! yeah!