Replies to post #20843 on *** ALL THINGS MONEY >>>> ATM ***

[auroradude]

Another one you may want to look at for a retirement account is Campbell's Soup (how boring, right?!?!?!)

CPB

While it seems pretty comfortable around this current pps, don't let that fool ya. Here's why:
So, it has had about $3B in gross profit each of the last 3 years (I know.....that is NOT growth!) But when you consider that last year they returned more than a billion back to shareholders (with buybacks and divies) you can see that for such a stable company, eventually you should see some good pps appreciation and, of course, you'll be getting the divy and if they have additional buybacks, that divy pool just keeps shrinking.

Might be worth a look for ya, but of course time your entry well.

Hope this helps someone :)

[griff]

Ummmmm, thanks Dude, going to bid sit on that one @ 100k! LOL! :)

[auroradude]

LONGER HOLDS

I know most folks here love to "run and gun" plays, and I am in no way against that! BUT, even if you get very good at it, you still need to successfully learn how to park money in longer holds. I know BRK.A is VERY EXPENSIVE per share, but I also know that many have 401's etc and if ya would have bought 1 share a year and a half or so ago (@100K), ya would be up over 60 grand......are ya doing that good with your trading? And over that time frame, could ya have held a safer play than that one? Some of these "boring" plays can really pay off and leave ya time to make even more money doing real estate or auctions or your business or whatever.

We are ALL THINGS MONEY and not just about stocks - we want you to find the best way FOR YOU to increase your own wealth - regardless of what that may be!!!And when you ARE successful ..... ya will need to get good at parking money safely while making gains/collecting divies.....