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The Coca-Cola Company Message Board

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  • chance_pocketwatch chance_pocketwatch Aug 15, 2012 2:06 PM Flag

    Owned KO for 20 years.

    Likewise, 40 year drip owner here.

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    • Held 40 years, 20 years? using the drip? what are you waiting for, to put it in your wills. I bought back in 05' in the 41's, and just dumped half at 39.50, and sold jan.calls on the rest.It's not always, Coke time.

      • 1 Reply to fss13
      • No, it's always KO time. For me, it's time to bring it into my brokerage portfolio and finally collect the divs to pay living expenses. That's what it's all about. Accumulation leads to retirement. I started with 12 drips in 1962 and only have 2 left that haven't been brought into my brokerage account. A small part of my 60 holdings. Silly buyers and sellers, always chasing a few bucks. My end game won't depend on some government program or pension, just me. My companies pay me, why would I want to sell them?? Then I would have to pay taxes on capital gains; silly, when all I have to pay taxes on is divs. My heirs won't have to pay anything either, except gains after my date of death. How do you think wealth is built? Not by buying and selling and paying taxes over and over.

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