Comments on: My first two bagger http://myfinancialjourney.com/archive/my-first-two-bagger Sun, 03 Jul 2011 02:33:03 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ryan http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-32234 Ryan Wed, 31 Oct 2007 03:05:49 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-32234 Congrats on your first two-bagger. I just got my first two-bagger yesterday. I purchased CHN for $28.56/share about a year-and-a-half ago. I sold half of my shares yesterday for $52.85/share. I have enjoyed reading your blog and am now a subscriber. Keep up the good work! Congrats on your first two-bagger. I just got my first two-bagger yesterday. I purchased CHN for $28.56/share about a year-and-a-half ago. I sold half of my shares yesterday for $52.85/share.

I have enjoyed reading your blog and am now a subscriber. Keep up the good work!

]]> By: MFJ http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-17287 MFJ Mon, 11 Jun 2007 18:16:16 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-17287 Very interesting...I too like Tom's methodology much more than David's and for the most part only purchase Tom picks. I too have been looking at looking at a more at income investments to bolster my portfolio in a downturn, although I've been thinking more high yield stocks or starting some DRIPs versus CDs/Money Market as I'd find it hard to give up that much return on my investments. Anyway best of luck to you and maybe I'll see you on the SA boards MFJ Who would give you his fool screen name, but might give away his top secret identity if he did :-) Very interesting…I too like Tom’s methodology much more than David’s and for the most part only purchase Tom picks.

I too have been looking at looking at a more at income investments to bolster my portfolio in a downturn, although I’ve been thinking more high yield stocks or starting some DRIPs versus CDs/Money Market as I’d find it hard to give up that much return on my investments.

Anyway best of luck to you and maybe I’ll see you on the SA boards

MFJ
Who would give you his fool screen name, but might give away his top secret identity if he did :-)

]]> By: j2r http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-17286 j2r Mon, 11 Jun 2007 18:10:00 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-17286 That's exactly the newsletter I subscribe to. I seem to like Tom's picks rather than David's. I have a similar approach to you. I keep only mutual funds on my 401k and IRA. On my investment accounts, they're kinda 50/50 (mutual funds vs stocks) I've been trying to force myself lately to put more in Fixed Income - CDs/Money Market (at least 10%, but it's hard given the great bull market recently) That’s exactly the newsletter I subscribe to.
I seem to like Tom’s picks rather than David’s.

I have a similar approach to you. I keep only mutual funds on my 401k and IRA. On my investment accounts, they’re kinda 50/50 (mutual funds vs stocks)

I’ve been trying to force myself lately to put more in Fixed Income – CDs/Money Market (at least 10%, but it’s hard given the great bull market recently)

]]> By: MFJ http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-17276 MFJ Mon, 11 Jun 2007 17:01:39 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-17276 j2r - Interesting. I'm currently a subscriber of the Stock Advisor newsletter and yes the boards are a great bonus - lots of smart people in there. j2r – Interesting. I’m currently a subscriber of the Stock Advisor newsletter and yes the boards are a great bonus – lots of smart people in there.

]]> By: j2r http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-17275 j2r Mon, 11 Jun 2007 16:54:18 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-17275 Following your steps, I signed up for one of the newsletters on Fool.com. Hope to have a few baggers of my own eventually :) They are actually really good, specially the discussion boards. Following your steps, I signed up for one of the newsletters on Fool.com. Hope to have a few baggers of my own eventually :)

They are actually really good, specially the discussion boards.

]]> By: MFJ http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-17168 MFJ Mon, 11 Jun 2007 03:14:18 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-17168 NCN - Not real scientific, but for the most part mine and my wife's IRAs the last two years are invested mainly in individual stocks. My 401k and previous IRA contributions are in mutual funds. So maybe a third? To be honest individual stocks have treated me very well, but the market has been very favorable the last couple years. Basically my fly by the seat of the pants gameplan is - 401k and initial mutual funds will be the core of my retirement portfolio. So if I completely strike out with my stocks or get sub-par results I will still have a comfortable retirement. If however my individual stocks hit a lot of homeruns for me retirement might be earlier or more exciting, so basically they are a somewhat educated risk I've decided to take on. All this being said I sort of rely on a newsletter for my individual stock picks as to be honest I don't think I could learn enough on my own in the next 30 years to pick stocks that might have a chance at beating the market. Now blindly following someone else's advice has it's own problems, but the newsletter I subscribe to I think really fits my style and very much agree with the rational on the stock purchases (gulp...gulp..mmm...good kool-aid) :-) Short of it is I'm taking a risk by investing in individual stocks and while I can afford to strike out - I'd pretty much just recommend that anyone else just stick with low-fee index funds as the odds are greatly against any other method beating their returns. NCN – Not real scientific, but for the most part mine and my wife’s IRAs the last two years are invested mainly in individual stocks. My 401k and previous IRA contributions are in mutual funds. So maybe a third?

To be honest individual stocks have treated me very well, but the market has been very favorable the last couple years. Basically my fly by the seat of the pants gameplan is – 401k and initial mutual funds will be the core of my retirement portfolio. So if I completely strike out with my stocks or get sub-par results I will still have a comfortable retirement. If however my individual stocks hit a lot of homeruns for me retirement might be earlier or more exciting, so basically they are a somewhat educated risk I’ve decided to take on.

All this being said I sort of rely on a newsletter for my individual stock picks as to be honest I don’t think I could learn enough on my own in the next 30 years to pick stocks that might have a chance at beating the market. Now blindly following someone else’s advice has it’s own problems, but the newsletter I subscribe to I think really fits my style and very much agree with the rational on the stock purchases (gulp…gulp..mmm…good kool-aid) :-)

Short of it is I’m taking a risk by investing in individual stocks and while I can afford to strike out – I’d pretty much just recommend that anyone else just stick with low-fee index funds as the odds are greatly against any other method beating their returns.

]]> By: NCN http://myfinancialjourney.com/archive/my-first-two-bagger/comment-page-1#comment-17100 NCN Sun, 10 Jun 2007 18:02:04 +0000 http://www.myfinancialjourney.com/archive/my-first-two-bagger#comment-17100 Good for you! Most of my individual stock purchases have been more like weak ground outs to short. :) Keep it up, NCN BTW.. What percentage of your portfolio is allocated to individual stocks? Good for you! Most of my individual stock purchases have been more like weak ground outs to short. :) Keep it up,
NCN
BTW.. What percentage of your portfolio is allocated to individual stocks?

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