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Re: jobynimble post# 131225

Sunday, 01/14/2018 4:06:47 PM

Sunday, January 14, 2018 4:06:47 PM

Post# of 234274
I was going to add that Buffett started with six shares of Cities Service Company at $38 each when he was 11. He made money on it but sold too early. Result: The birth of a buy/hold investor.

I shouldn't have used "funny." But I wasn't totally impressed with his buy either. Plunging into a hot stock, that just doubled when the S&P is at record level is what newbies should avoid. Yes, at least it wasn't a bitcoin or MJ play

I got my Boeing for free. My shares were part of a spinoff from Rockwell International 20+ years ago. Rockwell also spunoff what would become Skyworks Solutions, a major Apple chip supplier.

Good things happen over time to quality investments. Rockwell International divided into Rockwell Automation and Rockwell Collins. Rockwell Collins is now in the process of being bought out by United Technologies. Rockwell Automation (ROK) is $208 a share.

It has no following on IHUB!


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