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Re: ernie44 post# 756

Saturday, 10/27/2018 7:27:05 AM

Saturday, October 27, 2018 7:27:05 AM

Post# of 1138
Well, I was never a long term holder my long term holds that I had since after graduating high school, were BUD JNJ DUK slowly building on the reinvesting dividends and a percentage stock wins after starting internet trading and had more control over my personal account, rather than having to pay some dude in an office what I felt was an obscene amount of money make trades for me and do what I said to do. Used to piss me off here's $150 go do this and this 1-2 minutes, done. Had me steaming, LOL.

But I slowly got out of BUD should have much earlier, its, just not the same company with the whole Europe thing going on, what the hell is BUD advertising anywhere near Europe let alone a soccer game. There is already a Budweiser in Europe Czech I think, not bad I drank a couple times when I lived in London.

But, BUD they don't even drink the shit, its for Americans at insane prices who are traveling. But, anyway forget about BUD, just explaining what first got me thinking about KO.

I had reinvested half my BUD money into my other 2 long term hold at their lows and another bit in oil and wanted some for a long term new hold, and had always thought of KO, and actually after seeing the last documentary of Warren Buffet where they followed him around (if you haven't see it Netflix it find it, great) he talked about his life from early to then in great detail this entire journey, rather personal in some places. But one of the big things he was all about was KO and why he bought it and would never sell a share. That's where he spoke of the profit thing with KO and it was like, damn that's smart, and it was so simple and plain and straight o the point no hype, no puff, nothing. Just matter of fact, and I was a devotee, down with KO and will have it for the rest of my life, end of story.

I have built my position up to 6400 not a lot but, I used a lot of the BUD money for other shorter term things and trying to time all of it so I can get in the 20K range by March 2019. Hopefully the other thing play out as expected and somewhere Jan-Mar there is a dip to 40 to load all in. The 5 year chart says it all 40 is lovely 38 it hit 4 years back and 5 I think that would be stupendous but 40 I am all in and until then will add a little here and there when I get nice hits elsewhere and KO has a price anywhere in the 41-42 range. Will just have to see, but yeah watch that Warren Buffet deal and you will wonder why every person out there doesn't have a piece of KO in their portfolio, sorry for rambling, I do that sometimes.

Peace out
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