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Berkshire Hathaway Inc. Message Board

  • abrahamson_5 abrahamson_5 Jun 21, 2012 6:36 PM Flag

    37 with 905 shares b stock

    Now by no means do I declare to have any idea about day traders and stock and such. I am a BNSF employee who has bought BNSF stock for years, 37 years old, invested in company (BNSF) 401K, etc. After the BH purchase, I was told (and is written) that I could sell my old BNSF stock up front, for $100 cash, per share; or get the same shares/value of $100 in BRK-b stock. I elected to take the later, which I did. At the time BNSF was at 75.50, I elected to stay. Now I own 1000 shares of (B/H vanguard stock (fund)) and I buy a share of post-tax (real share)in an employee discount program. I feel like I got screwed. I did not elect to buy into a fund (vanguard) at $11.00 a share, I elected into purchasing $100 of BRK-B per share of what I already had. Should I keep investing in this BRKB post tax? Should I correct the problem that is on paper? Should I just lay down and except? Im 37 years old (a regular joe) with a pension, like I said, I make about 90K a year, and well advice would help.

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    • I retired from BNSF in 2004.
      still in the 401.
      What I do is trade between the company stock and the stable fund.
      You will have to read the plan rules they do change.
      It is a no load trade, (no cost to you), the last pps of the day
      applies. So when I do it 355pm. I think you can only have 20% in company stock fund. There is also a time limit, 2 or 3 months?
      I average 3 trades a year. Pays better than dividends for me GLTU

    • Exactly WHAT is "B/H vanguard stock (fund)"???

      • 1 Reply to vensh
      • « Exactly WHAT is "B/H vanguard stock (fund)"??? »

        Just guessing, but that is probably how Vanguard, his 401(k) administrator, "packages" his company stock. Vanguard did something similar for a company I once worked for, before it was acquired and delisted. In my case, the stock fund's price didn't match the price of the common stock because it included automatically reinvested dividends.

 
BRK-B
127.74+0.38(+0.30%)Jul 30 4:00 PMEDT

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