You missed my point.
Okay, so you are in the
IRA. My tax example is wrong, fine. I stand
Global inflation will never get out of control? You
don't know that. But that's a seperate argument, just
remember lots of people said gold would never go
Pay attention, the house is $525,000. It might be a
piece of crap but the land is worth much. Sorry if you
don't own property. You can always dream of buying some
when you sell your ABT shares in 25 years.
point is that ABT is turning. Bring up a long term
chart. Just because it's up 350% in the last ten years
doesn't mean it will continue. Did you know that for the
last five years ABT is underperforming the S&P 500?
That's right. Five years of underperforming the index,
nothing to brag about.
Hey, I'm not talking about
WAG. I think WAG is a good stock to be in. Your WAG
position will probably make up for your ABT position.
So, dude, here is to your ABT underperforming the S&P
500. Anybody that bought 10 years ago is doing okay.
All of you holding for 5 years or less aren't doing
too well. I'll drink to that!
but why would anyone with a block of ABT be
talked into selling by chat on this board? There are
better resources. Anyway, the long terms with
significant stock have it in trusts for their kids or are
using the dividends and care squat about short term
dips or peaks. Not much to scare except small early
Get a clue dude. Inflation is running 3% in it's
worst year. It's a global economy now and inflation is
never gonna get out of control again - the Fed won't
let it. So let's say 3% is the average inflation for
the next 25 years. That means $1.6 million in 25
years will be worth about $1 million in today's terms.
My $9 million will be worth approximately $5.6
million in today's terms. You really are a complete
dumbass. As far as taxes goes - there are none. Both of
those stocks were rolled over into a Roth IRA last
year. I've already paid the tax on the gains and the
rest is tax-free. So here's to the $500 bucks you'll
make on your 50 share short. My garage will be worth
more than that $250,000 piece of crap you live in
today - all thanks to ABT.
There are posters that are paid by hedge funds
that are short stocks to constantly bash on the stock
all day. No way to know for sure about this guy but
he follows the pattern. All day long on the same
stock. He either has no job, or this is his job. Better
to not respond to him.
All the examples I've heard are "I bought at 4.5
ten years ago" and "I bought years ago for an average
price of 6". I didn't hear anyone say they have bought
more. One fool said they buy more every year yet their
average price somehow stays at 4.5. Interesting. I love
how you all can only defend this stock by saying
"well, it's gone up in the past". I say "It's going down
now, and it's gonna go down more". You might not like
it and you'll like it even less when I'm right.
Monkey old top. you should realize that buying
abt monthly like many of us do over the years has
created an incredibly huge pile of money for us. these
ups and downs allow us to accululate more at this
lower price. Like I have said before, abt returns over
20% annually in the 15 years I have been buying. we
have seen this kinda thing before, it does not mean
that we will not be rich. and that is all there is to