What was the 1st company you ever purchased shares of?

[KING WILL]

Just a few questions.

1. What was the 1st company you ever invested into?

2. What was the reason you choose that company to invest in?

3. How long ago was it?

4. How did investment work for you?

4B. Are you still holding that company?

 

[Rickdogg44]

BAC back in the day. Im going to pull up my spreadsheet tmrw

 

[Big Jo]

1. What was the 1st company you ever invested into?

Citigroup

2. What was the reason you choose that company to invest in?

My friend who knew a lot about the market at the time kept suggesting it

3. How long ago was it?

2011ish

4. How did investment work for you?

Flat, sold a year later at a small loss I think. The sh1ttiest thing is I wanted to buy Amazon and my friend convinced me to buy Citi instead.

4B. Are you still holding that company?

Nope.

 

[KING WILL]

1. What was the 1st company you ever invested into? AMD

2. What was the reason you choose that company to invest in? Read about on this board. Info sounded good.

3. How long ago was it? This July.

4. How did investment work for you? Doubled my money at one point in time. Sold some off and invested in AMRN which doubled as well. Loss a lot of value, but Im still holding long term.

4B. Are you still holding that company? Yes.

 

[KING WILL]

4. How did investment work for you?

Flat, sold a year later at a small loss I think. The sh1ttiest thing is I wanted to buy Amazon and my friend convinced me to buy Citi instead.
.

damn man!

 

[Sugarbush]

1. What was the 1st company you ever invested into? Nike

2. What was the reason you choose that company to invest in? Kap support, solid company historically

3. How long ago was it? This Sep

4. How did investment work for you? Lost value but currently uptrending

4B. Are you still holding that company? Yes

 

[Rickdogg44]

1. What was the 1st company you ever invested into?
BAC (Bank of America)

2. What was the reason you choose that company to invest in?
Too big to fail. Knew it would rebound

3. How long ago was it?
Aug 2011 (bought in around $7 per share)

4. How did investment work for you?
Yes. Sold it recently around $30 per share. I only bought 100 shares tho

4B. Are you still holding that company?
No

Also bought GE around that time as well. Sold it for loss recently; however, the dividends over the past years was good

 

[KING WILL]

Also bought GE around that time as well. Sold it for loss recently; however, the dividends over the past years was good

Not sure if it would be worth it, but I had this thought the other day:

Have you ever thought about dividend hopping?

Pretty much going from stock to stock before the Divs are paid out, then moving on to the next one.

I read that you only have to hold stock for a few days before the Div is announced in order to receive the Div for the Q.

 

[Rickdogg44]

Not sure if it would be worth it, but I had this thought the other day:

Have you ever thought about dividend hopping?

Pretty much going from stock to stock before the Divs are paid out, then moving on to the next one.

I read that you only have to hold stock for a few days before the Div is announced in order to receive the Div for the Q.

I didn't know you only needed a few days before... Seems too good to be true or else everyone would hop on those dividend stocks

I also had AT&T for a while due to dividends.

If it is legit a few days before....

 

[KING WILL]

A stock pays a dividend to shareholders who own the stock by the "record date," which is set by the company. The stock exchange then sets an "ex-dividend" date, usually two business days before the record date. If you jump into the stock on or after the ex-dividend date, you don't get the dividend. You could buy before that date, qualify for the dividend by holding until the record date and then dump the stock, but this can be risky.


Why Don't Investors Buy Stock Just Before the Dividend Date and Then Sell?

This link explains the risk.

I didn't know that the stock price drops when the Div. is paid out, plus other risks.

I did the math earlier today on a company I seen that has a .53 cents PS Div.

$100K @ $19.50 PS = 5128 shares x .53 Div = a gain of $2717.

You could wipe out your Div Gains if you sell to early trying to rush to the next company.

Or

It might take the stock a while to regain your purchase price value.


Still might be worth it, if you played the game right.

Hell, were in the stock market, theres risk every day.

 

[Big Jo]

damn man!

Yea brother... I am not friends with him anymore. lol

 

[Skooby]

Visa. It was at their opening price.

1. What was the 1st company you ever invested into? Visa

2. What was the reason you choose that company to invest in? I just wanted to buy stock.

3. How long ago was it? 2006

4. How did investment work for you? Yes.

4B. Are you still holding that company? No.

 

[Arcavian]

Just a few questions.

1. What was the 1st company you ever invested into? Store Capital

2. What was the reason you choose that company to invest in? I wanted to diversify my portfolio because I was messing around with ETFs so I did some research and I liked what I saw

3. How long ago was it? September

4. How did investment work for you? Good so far, I'm learning alot

4B. Are you still holding that company? Yes and I'm going to grow my position

 

[Skooby]

Which broker did you use?

 

[KING WILL]

I used Ally, but Kipling's Magazine say that E-Trade and Ameri-Trade are the best.

Of like the 8, or 9 they rated Ally was 2nd, or 3rd from the bottom.