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Reply #60 posted 08/04/10 1:42pm

retina

Mach said:

retina said:

Ouch!! Was it all invested in a single company? Or in several, and if so - how many? Just curious.

One company ~

said Company is rebuilding/rehiring and gaining accounts from business all over the world ( new ones as they already hold the corner on the parts they make ) and now the USA military

Wow. To invest that much money in only one company is a huge, huge risk. The only people who usually do that are either the really high rollers who invest tens or hundreds of millions, or executives who are part of running the company they have invested in. I don't know how much money you have at your disposal of course, but for a regular private person to make a single stock investment of that size is pretty much unheard of.

I'm sure you have your own investment philosophy but may I recommed that you diversify your portfolio at least a little bit? The ideal would be a combination of government/corporate bonds, several different stocks and a couple of mutual funds and/or hedge funds. The more legs you have to stand on, the less likely it is that you will fall hard.

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Reply #61 posted 08/04/10 1:50pm

Mach

retina said:

Mach said:

One company ~

said Company is rebuilding/rehiring and gaining accounts from business all over the world ( new ones as they already hold the corner on the parts they make ) and now the USA military

Wow. To invest that much money in only one company is a huge, huge risk. The only people who usually do that are either the really high rollers who invest tens or hundreds of millions, or executives who are part of running the company they have invested in. I don't know how much money you have at your disposal of course, but for a regular private person to make a single stock investment of that size is pretty much unheard of.

I'm sure you have your own investment philosophy but may I recommed that you diversify your portfolio at least a little bit? The ideal would be a combination of government/corporate bonds, several different stocks and a couple of mutual funds and/or hedge funds. The more legs you have to stand on, the less likely it is that you will fall hard.

It was NOT a one time investment ~ it was/is cumulative over YEARS ( around 30 ) and yes ~ it's part of and executive investment hun wink

I ( and we ) have many many different "legs" to lean on too ~ when I was 16 my broker grandfather started teaching me and helping me

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Reply #62 posted 08/04/10 1:59pm

retina

Mach said:

retina said:

Wow. To invest that much money in only one company is a huge, huge risk. The only people who usually do that are either the really high rollers who invest tens or hundreds of millions, or executives who are part of running the company they have invested in. I don't know how much money you have at your disposal of course, but for a regular private person to make a single stock investment of that size is pretty much unheard of.

I'm sure you have your own investment philosophy but may I recommed that you diversify your portfolio at least a little bit? The ideal would be a combination of government/corporate bonds, several different stocks and a couple of mutual funds and/or hedge funds. The more legs you have to stand on, the less likely it is that you will fall hard.

It was NOT a one time investment ~ it was/is cumulative over YEARS ( around 30 ) and yes ~ it's part of and executive investment hun wink

I ( and we ) have many many different "legs" to lean on too ~ when I was 16 my broker grandfather started teaching me and helping me

By "single investment" I meant "an investment into one single company", not that it was a one-time investment. I'm glad to hear that you have/had some influence over and insight into the company where you made your investment but apparently even that wasn't enough to warn you before the crash, which demonstrates why it's so risky to put so many eggs in one basket.

It's great that you have more legs to lean on though. Overall it seems like you're doing very well for yourself financially and that's what matters. nod

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Reply #63 posted 08/04/10 9:17pm

RPR

I know nothing about the stock market. In 2001 I was doing ok financially, young single no worries and after reading about the hard time Apple was struggling with I decided to buy some Apple stock because I have always had a sweat spot for it, and I love an underdog. I thought they would go under like everybody else and I would just have an expensive memento of my childhood and my Mac.

I am not superstitious, but I have dumb-lucked into so many things I swear I have a guardian angle watching over me and guiding me. razz

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Reply #64 posted 08/05/10 5:17am

retina

RPR said:

I decided to buy some Apple stock because I have always had a sweat spot for it

ill

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Reply #65 posted 08/05/10 7:10am

RPR

retina said:

RPR said:

I decided to buy some Apple stock because I have always had a sweat spot for it

ill

lol

I meant "sweet"...it was my first computer as a kid

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