I can't help but think that when this stock takes out the 52 week high this year , many of you will continue with the doom and gloom and "look out below"! I sure don't get it, but thats why we have the IGNORE button here. I have lost about 75% of the junk writers on here and that certainly makes the board a little more fun for those of us who actually own the stock. Up 2 1/2% today, can't complain……...
Thanks Garce, all good points. It's amazing what really moves the market today.
Can be confusing and frustrating for short term trades, but if you like a stock like Verizon you can't go wrong holding and reinvesting the dividends. Even adding more on these dips.
I missed out this time at $46 but happy to see it back up to $48
I did see that, and although thats always nice to read I was surprised by the big jump and volume. I was looking for something new at Verizon?? I don't really trust most of those guys. One says upgrade, a week later someone else says hold, then a month later a different group says sell? I'm not complaining. I hope they are right with a $55.00 price, I believe thats possible.
I was tempted and held back. Was going to add a little more at $46 and $44 but the way it was going I thought $44 would come quickly. Oh well. I think you have a nice buy at $45.90!!!
I was surprised to see the jump when I turned on the computer. Makes the day a little nicer. Did I miss something, whats with the big volume and price increase?
Very clever how you change someones e mail address and then then print a lie. So, my guess again, you are in the 7th grade computer class and got access to the outside world during your 45 minute class???
You are a perfect example of the immaturity that covers the internet. Pitiful dude , pitiful
Don thats a good question, do I hold it and enjoy the dividend, or move on? I moved about 1/3 of my 401k from Verizon (Fidelity) to another company and they have done well. I had a lot of Verizon while it was in the 30's (seemed like forever, remember), into the 40's and bumped up into the 50's. When it started back down, I moved about 70% of my money into cash. To be honest, even though the market did well in 2013, I believe the market is moving for different reasons these days. When the Fed speaks, or something happens in China or if the President says something etc. etc????? What happened to the days when a stock moved based on the company and how they perform. I was day trading the E Mini S&P for a couple years and enjoyed the challenge. I just had a small account and could lose as much as I made, but I could be in the middle of a trade and the President would speak and the market would take me out. I say all of that to say, now that I'm older and no longer working I don't want to take chances on my limited knowledge of investing. I'm using Ric Edelman, a guy I have been following for a long time to take care of my money so I can sleep well. :) Of course if by chance I should come into a little money, I'll once again be out there for the challenge and fun that the market offers.
Garce it's been interesting to watch Verizon over the last few years. I was the last of the Dinosaurs when I left there. I was a "phone man" for years, then went into management in that same business. Today, thats the last thing on their mind. This is a completely different company now with a great future . I agree with you, they knew a long time ago that these price wars would arrive, no big deal for them. I can't imagine where they will be in 5 -10 and 20 years as the technology continues to improve. For me, I am finally considering moving my 401k from my Verizon account to a different company and let them manage my money. I think I have had an emotional attachment to them because of the years I was there. Maybe you felt the same when you left IBM? Verizon was not a place someone would work to get rich. I can assure you that never happened. But we had good benefits, decent pay and worked with a lot of great people. I will continue to use their different services, but I do believe it's time to move that account in a different direction. Of course I'll hold a few shares of Verizon
for fun and see how we do. Time for me to move on……..
Well if you guys really feel that way, I agree you should take the losses and find a good stock that can make you some money. On the other hand……………lots of people here have been in the stock for a while and bought at $30, $35, $40 and $45. Not to mention the dividends that Verizon has paid over the years. For me, I'll continue to hold and buy more at $46, $44 and $42 inside my 401k plan. Best of luck, hope your portfolio continues to climb…...
Did you ask the same question when the stock went from $47 to $54? What happened, why is this stock making such a good move? My guess is you were quiet. If you own the stock and enjoyed that ride, I am happy for you. If you got out and took the profits, even better. Thats the goal for each person who owns stock. Some take a quick profit when they can and others hold for long term, add the dividend to their account and will generate extra income at a later time. Again for most folks this is just one investment in a portfolio of different stocks. Like Don said, some go up and some go down. Fairly easy to understand……….
Actually the dividend is in your bank, you own it. On paper the stock has declined $7.00 a share (if thats what you are referring to) and the value of the account has gone down, the same as millions of other accounts all holding different stocks. Thats normal. When the account rises buy $7.00 AND moves upward, the value of the account grows, along with the dividends. The "Poor Sap" that you refer to has some nice gains that he can continue to invest or use as additional income when he is older. Again as you said, you don't have to enjoy great Math skills to understand this, you just need to understand the basics of investing. This stock, along with others in a diversified portfolio, as well as perhaps some real estate, and maybe some gold and silver can help one maintain a somewhat comfortable life. Added to that mix of course is patients, knowing that good investments take time.
Mix all that in with a desire to do healthy things , learn to be content in life, avoid stress and greed, build your spiritual life, enjoy people (including your family) and ……………………………..life can be pretty good. Even after the stock goes down $7.00……… Just sayin
Lots of folks have had a good portion of their portfolio in cash waiting for the market to make a nice correction. I will be adding more Verizon at $46, $44 and if we get there $42. Let the experts talk on TV, the government officials continue to lie and the chips fall where they may. I will continue to watch Verizon grow and expand their business in the future………….
The key words were "LONG TERM GROWTH", and he is correct. I get a kick out of people on this board when they panic when this stock drops 4 or 5 dollars in a month or they are excited when it goes up 4-5 dollars in a month. It's called INVESTING ! IF you want excitement and day trading, this is not the stock for you. Try buying and selling S&P E mini futures for excitement. You can be in and out of a trade in 3 minutes and have a nice profit. Of course the next trade you could lose twice that amount but thats the nature of that kind of trading. Where I come from thats not investing, we call it gambling. You have a better chance at the Super Bowl betting on which team wins the coin flip and then placing a bet on which team scores first. :) Just sayin……...
What do year hear by the end of 2014, or 2016 or even 2020? Thats what I'm talking about! You can dribble all you want here. 51 or 49 or 45? No big deal……...