<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Tday +1

Tday +1

November 30th, 2013 at 04:09 am

I hope everybody had a tasty and reasonably low key Thanksgiving. I hosted a small group (3) and all parties were "just in case" potluck people. You have the chips and salsa people who come to a potluck with the minimum; and then you have the 180 degree style - us. There's the dish, and then what if they had no serving spoon so that goes, and then it turns into "just in case", and suddenly you are lugging half of your kitchen. So we had a lot of food for just the three of us. Leftovers for a week!

Last week my drp stock portfolio crossed a milestone. I got a 100% return. Specifically, I put about 26K worth of contributions over the past 10+ years, and now my portfolio is at 53K. Total stock portfolio worth also includes about 6K of reinvested dividends.

So far, I'm still ahead in the death pool pool. Fingers crossed, but somehow December is busy for death.

Posted in IRA, Stocks & DRPs, Holiday$, Death Bet | 5 Comments »

5 Responses to “Tday +1”

  1. mamasita Says:
    November 30th, 2013 at 12:48 pm 1385815687
    1385815687

    Umm, yeah, I confess that I'm a chips and salsa and beer person. I procrastinate on these things, I'm not the worlds greatest cook. But I always bring good beer!

  2. baselle Says:
    December 1st, 2013 at 12:07 am 1385856447
    1385856447

    Good beer is important because I never buy beer and never think of buying beer, so we would be simpatico. Smile

  3. snafu Says:
    December 1st, 2013 at 01:37 am 1385861821
    1385861821

    Wow! that's a huge milestone to double your portfolio in 10 yrs. Congratulations, terrific news that needs celebration and kudos.
    If you run the figures it's actually more because the $ 26K contribution amassed over a decade, not lump sum. On the other hand, if you'd chosen the ultra conservative CDs or saving instruments you'd be reporting something between 2% -5% increases.

    We're all being told there will be some 'bumps' in our American equity portion of our portfolios, there are some out of kilter P/E ratios but everything is moving forward until the next thing goes awry

  4. baselle Says:
    December 1st, 2013 at 05:07 am 1385874464
    1385874464

    I'm looking at my drp portfolio as a triumph of buy and hold. Between 2002 - 2008 or so I basically did dollar cost averaging, with an extra buy or two of 3M when it mysteriously dropped during earnings season (and earnings were good). When 2009 hit I played Warren Buffett and bought extra when 3M was down in the high 40s and International Paper (IP) was down to $4 (not down by $4, to $4).

    There are bumps, but it was very useful learning how to keep myself calm during them. I told myself that they all paid dividends and when the price was low as the dividend was paid out, I bought more. And if the company underneath was good, why not get it on a one-time only sale? I only had to convince myself that the companies were good. For that, I was very Peter Lynchian and thrilled to see my companies products when I was out and about.

  5. rob62521 Says:
    December 1st, 2013 at 09:06 pm 1385931971
    1385931971

    I chuckled on your potluck sort of thing. I'm once of those because DH is a big eater, always takes extra. I'd rather have leftovers than anyone going away hungry.

    What a great job on that portfolio. Hope it continues to prosper!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]