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Re: fung_derf post# 658

Thursday, 04/26/2018 9:44:34 PM

Thursday, April 26, 2018 9:44:34 PM

Post# of 1138
Hi fung_derf - that's a serious position. Here is my $0.02 for you.

Even though KO is a great company, I would never put that much $$$ into KO at this time. There are too many other options out there to double your $$$ in 2 years or less.

I'm a long term holder since the early 90's and have several splits with KO, thus my cost basis is very low. Yes, the Div's are good, however, like I mentioned spread some $$$ around to some of the Tech Companies and diversify instead of putting so much into a company that is in an industry that is declining. Look at the late April 2013 price which exactly equals today's price thus no appreciation in 5 years and just the Div's. You sure can do a hell of a lot better than that.
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