Wednesday, March 6, 2019

Digest for misc.consumers.frugal-living@googlegroups.com - 12 updates in 4 topics

ggggg9271@gmail.com: Mar 06 01:13AM -0800

If that is done regularly, isn't the worst case scenario that by the time one wants to sell their shares in the future, that the stock price will have gone down so much that one will end up with a whole lot of cheap shares--possibly worth less than the initial purchase value?
ggggg9271@gmail.com: Mar 06 01:22AM -0800

> If that is done regularly, isn't the worst case scenario that by the time one wants to sell their shares in the future, that the stock price will have gone down so much that one will end up with a whole lot of cheap shares--possibly worth less than the initial purchase value?
 
Also for tax purposes, rather than selling all the shares at once, isn't one better off selling smaller amounts over time?
John Weiss <jrweiss98155@comcast.net>: Mar 06 10:04AM -0800

> On Tuesday, March 5, 2019 at 11:13:58 PM UTC-10, gggg...@gmail.com wrote:
>> If that is done regularly, isn't the worst case scenario that by the time one wants to sell their shares in the future, that the stock price will have gone down so much that one will end up with a whole lot of cheap shares--possibly worth less than the initial purchase value?
 
> Also for tax purposes, rather than selling all the shares at once, isn't one better off selling smaller amounts over time?
 
If the company is indeed failing, then yes, the worst case scenario is
as you described. That is why you should choose carefully and monitor
performance regularly.
 
Long-term capital gains are all taxed at the same rate, unless you have
investment income beyond the threshold where the Obamacare tax starts
($250K for joint filers).
Dennis <dgw80@hotmail.com>: Mar 06 12:18PM -0800


>If that is done regularly, isn't the worst case scenario that by the time one wants to sell their shares in the future, that the stock price will have gone down so much that one will end up with a whole lot of cheap shares--possibly worth less than the initial purchase value?
 
How is that any different than taking the dividends as cash and
putting the money in some other investment? Any investment has risk.
 
Dennis (evil)
--
My output is down, my income is up, I take a short position on the long bond and
my revenue stream has its own cash flow. -George Carlin
ggggg9271@gmail.com: Mar 06 01:10PM -0800

> If that is done regularly, isn't the worst case scenario that by the time one wants to sell their shares in the future, that the stock price will have gone down so much that one will end up with a whole lot of cheap shares--possibly worth less than the initial purchase value?
 
Thanks to all for your quick and informative replies.
 
So does it work like this?:
 
- As the price of the stock increases, I can buy fewer shares with the dividends,
 
- As the price of the stock decreases, I can buy more shares with the dividends.
 
And should the strategy be if I am young that I can better afford to hold on to the stock even if the price goes down because I will accumulate more shares? And then hope for the day when the price of the stock starts going up?
 
But if I am older I should sell the stock before the price starts going down?
ggggg9271@gmail.com: Mar 06 01:23PM -0800

> If that is done regularly, isn't the worst case scenario that by the time one wants to sell their shares in the future, that the stock price will have gone down so much that one will end up with a whole lot of cheap shares--possibly worth less than the initial purchase value?
 
Thanks to all for your quick and informative replies.
 
So does it work like this?:
 
- As the price of the stock increases, I can buy fewer shares with the dividends,
 
- As the price of the stock decreases, I can buy more shares with the dividends.
 
And the younger I am, the more I can better afford to hold on to the stock even if the price decreases because then I will be accumulating more shares over time which, if the price subsequently starts going up, will increase the value of my shares?
 
But if I am older I should sell the stock before the price starts going down because I can less afford to wait for the price to go up again?
John Weiss <jrweiss98155@comcast.net>: Mar 06 01:39PM -0800


> - As the price of the stock decreases, I can buy more shares with the dividends.
 
> And the younger I am, the more I can better afford to hold on to the stock even if the price decreases because then I will be accumulating more shares over time which, if the price subsequently starts going up, will increase the value of my shares?
 
> But if I am older I should sell the stock before the price starts going down because I can less afford to wait for the price to go up again?
 
As for buying more shares, yes. The concept is often called "dollar
cost averaging".
 
As for younger vs older, not quite... You should ALWAYS look at the
potential of a stock or fund before buying. You should also decide WHY
you are buying that particular position, and what your goal for it is.
If you are investing for the long term, you should be prepared to ride
the ups and downs. If you have a specific price target, sell when it
reaches that target.
 
Review your long-term holdings once or twice a year. Decide whether you
will continue to hold, or set a new sell price target. Your age only
comes into play when you decide to retire and need to liquidate the
stock for income...
ggggg9271@gmail.com: Mar 06 04:37PM -0800

On Wednesday, March 6, 2019 at 11:39:59 AM UTC-10, John Weiss wrote:
> will continue to hold, or set a new sell price target. Your age only
> comes into play when you decide to retire and need to liquidate the
> stock for income...
 
Thank you for your quick and informative reply.
 
Concerning dividends, the higher the dividend, then the more it's worth accumulating shares since the more shares accumulated the amount collected in dividends will increase over time?
lenona321@yahoo.com: Mar 06 04:29PM -0800

https://www.msn.com/en-us/lifestyle/lifestyle-buzz/this-is-why-you-should-never-call-back-an-unknown-number/ar-BBUrJP4?li=BBnb7Kz&ocid=mailsignout
 
 
First half:
 
We've all had it happen: You look at your phone and notice a missed call from a familiar-looking number that isn't in your contacts. Your first instinct might be to call back and see who it was, but that's the last thing you should do.
 
You might assume calling back is safe because a number happens to be from your area code. Is it your doctor? Your kid's principal? A neighbor? Unfortunately, the answer is probably none of those, says Adam Levin, founder of CyberScout and author of Swiped: How to Protect Yourself in a World of Scammers, Phishers, and Identity Thieves. Scammers 'are adept at spoofing phone numbers for caller ID purposes,' he says. So just because a number shares your area code doesn't mean the caller is from your town. Crooks purposely use familiar area codes to gain your trust. Don't miss these other sneaky ways con artists win your trust...
 
(snip)
 
 
 
 
Lenona.
ggggg9271@gmail.com: Mar 05 11:21PM -0800

> Don't most people appoint one of their children?
 
> What if you are single?
 
https://www.forbes.com/sites/bobcarlson/2018/02/23/7-big-estate-planning-mistakes-part-2/#41301c5322b5
ggggg9271@gmail.com: Mar 05 11:00PM -0800

> https://www.bloomberg.com/opinion/articles/2019-01-23/america-needs-more-young-workers-to-support-aging-population
 
Mistakes to avoid:
 
https://www.cnbc.com/2019/02/28/here-are-8-costly-retirement-mistakes-to-avoid.html
ggggg9271@gmail.com: Mar 05 11:00PM -0800

> https://www.bloomberg.com/opinion/articles/2019-01-23/america-needs-more-young-workers-to-support-aging-population
 
Mistakes to avoid:
 
https://www.cnbc.com/2019/02/28/here-are-8-costly-retirement-mistakes-to-avoid.html
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