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DFW

(60,551 posts)
14. In 1998, a broker gave me similar advice
Wed Jun 3, 2026, 12:41 AM
Wednesday

Since I was already traveling like a whirlwind for my job, I hardly paid any attention to any such advice from a broker. But this one time I did. I bought 1000 shares of Texas Instruments at $54. In the first eight years, it split two-for-one three times, so now I had eight thousand shares. It went up to over $75, but during the Cheney-Bush recession of 2008, it went down to $20. I asked the (now new) broker if I shouldn’t buy more? She said no, too many eggs in one basket. Great advice THAT was, right? It’s now over $300. At least I kept the rest. Like I said, I paid little attention to this game. I pay even less now. There seems little sense in selling for a big profit when well over half of it will be gobbled up by two different governments. I’m better off leaving it to my NY-based daughter, who would only be taxed once on it. My Germany-based daughter has made so much money already that she doesn’t want anything from me anyway (she, or her kids, will get some despite that), since she has probably already made more than I ever will.

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I wish politicians were smarter about bubbles WSHazel Tuesday #1
Really? MadameButterfly Tuesday #3
I will try, but I recommend Ed Zitron WSHazel Wednesday #23
could you include a link, please? rurallib Wednesday #26
Here is one link, there are many more WSHazel Wednesday #28
THanks. This is fascinating MadameButterfly Wednesday #31
Nvidia Betty Boom Tuesday #5
In 1998, a broker gave me similar advice DFW Wednesday #14
I've purchased other stock over the years, but never had one go as crazy as this one did Betty Boom Wednesday #19
It's a spectator sport for me as well DFW Wednesday #20
Capital gains tax in Germany (Kapitalertragsteuer ie KESt) Celerity Wednesday #32
I wouldn't have had the patience to look that up, so tack skall du ha! DFW Yesterday #34
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Exactly mvd Wednesday #15
Yep nt Rob H. Wednesday #27
50% isn't enough if they steal my work MadameButterfly Tuesday #4
Adapt. Adjust Betty Boom Tuesday #6
My cannonball factory has been pretty slow for a while now.....BUT AZ8theist Wednesday #10
Replacing old inventions with new inventions MadameButterfly Wednesday #30
There is no such thing as original anything Betty Boom Wednesday #33
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Originality, influence, and innovation Betty Boom 7 hrs ago #45
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We likely could Betty Boom 12 hrs ago #44
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Artists being influenced by art that has come before MadameButterfly 18 hrs ago #38
Thanks for your thought-provoking and rational response Betty Boom 12 hrs ago #43
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50% of a negative number is a negative number WSHazel Wednesday #29
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Wang/Sanders 2028. a kennedy Wednesday #16
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you really need to get over that MadameButterfly 17 hrs ago #40
I'll give your advice about what I need to get over... gulliver 16 hrs ago #42
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