Money and Finance
After I read an interesting back to 1989 story of DivHut about his first stock purchase I looked back and thought about my first stock purchase.
I think I bought my first stock in 2003. I did not know much about investing and did not have a trading account.
First of all I had to write a report for one of my University classes about one stock. So I had to pick the stock.
At this moment I was married and we were trying to pay all debts my ex husband accumulated before he had met me. So after reading a bunch of books on how to eliminate debts and reviewing our expenses, I noticed that every morning my ex husband would go to Starbucks and buy a latte and banana bread. I asked him to stop. I even made him banana bread at home. He took my banana bread but said he couldn't live without his cup of Starbucks. I was mad. This is how I made my choice of stock for my school project. I thought there should be not just one person being addicted to this coffee.
It turned out I was right and after my research paper I liked the stock but I did not buy it yet.
Later same year my ex husband got obsessed with the idea of moving to a bigger house. He said it was the one and only opportunity and perfect timing. So at the end we actually built a bigger house. One night while we were at the party and my ex was bragging about our new house to his boss I said, "yeah but it is lots of cleaning". My ex's boss told my ex to get a cleaning lady for me. He even gave me a phone of his cleaning lady.
I called and asked cleaning lady for her fee. Back then it was something around $80-$100 per cleaning. Then I don't know how but I got this idea in my head that instead of inviting and paying cleaning lady every time I clean the house I would put money into investment account and invest in stocks.
This is how I got my first share of Starbucks. It turned out to be a good investment. I actually sold my shares last year but I might buy it again one day.
- Recent Buy - Reynolds American Inc. (rai)
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- Project: Dividends Stocks For Teenager - New Stock Purchased
I wrote in December that my daughter accumulated enough money to invest into another stock. I created a list of stocks for her to choose from. Today she finally made her choice. She picked RY - Royal Bank of Canada. Here how she made her...
- Whirlpool Whr - Added To My Watch List
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I was thinking for a while to reinvest dividends automatically or not. I used to reinvest dividends automatically. Then I decided not to reinvest it automatically since I plan to sell stocks at some point and so I didn't want to have short term sale...
Money and Finance
My First Stock Purchase
After I read an interesting back to 1989 story of DivHut about his first stock purchase I looked back and thought about my first stock purchase.I think I bought my first stock in 2003. I did not know much about investing and did not have a trading account.
First of all I had to write a report for one of my University classes about one stock. So I had to pick the stock.
At this moment I was married and we were trying to pay all debts my ex husband accumulated before he had met me. So after reading a bunch of books on how to eliminate debts and reviewing our expenses, I noticed that every morning my ex husband would go to Starbucks and buy a latte and banana bread. I asked him to stop. I even made him banana bread at home. He took my banana bread but said he couldn't live without his cup of Starbucks. I was mad. This is how I made my choice of stock for my school project. I thought there should be not just one person being addicted to this coffee.
It turned out I was right and after my research paper I liked the stock but I did not buy it yet.
Later same year my ex husband got obsessed with the idea of moving to a bigger house. He said it was the one and only opportunity and perfect timing. So at the end we actually built a bigger house. One night while we were at the party and my ex was bragging about our new house to his boss I said, "yeah but it is lots of cleaning". My ex's boss told my ex to get a cleaning lady for me. He even gave me a phone of his cleaning lady.
I called and asked cleaning lady for her fee. Back then it was something around $80-$100 per cleaning. Then I don't know how but I got this idea in my head that instead of inviting and paying cleaning lady every time I clean the house I would put money into investment account and invest in stocks.
This is how I got my first share of Starbucks. It turned out to be a good investment. I actually sold my shares last year but I might buy it again one day.
- Recent Buy - Reynolds American Inc. (rai)
Hi Everyone, Another purchase is in the books. After my sell of O, I had a decent amount of funds. RAI has pulled back just a tad off its 52 week high and the quarter looked really good. Not to mention is that they just raised the dividend...
- Phew I've Been Busy - Plus A Recent Buy - Dov
Hi Everyone, Sorry y'all for being out of pocket so much the past month! Our schedule has been jam packed with stuff to do every weekend and work has been really been draining me of energy recently. Since my last post, my wife and I have...
- Project: Dividends Stocks For Teenager - New Stock Purchased
I wrote in December that my daughter accumulated enough money to invest into another stock. I created a list of stocks for her to choose from. Today she finally made her choice. She picked RY - Royal Bank of Canada. Here how she made her...
- Whirlpool Whr - Added To My Watch List
I added Whirlpool WHR to my watch list because the stock is trading at 139.23, which is in the middle of 52wk Range:118.92 - 160.01. I really like this brand. All my major appliances in my house are Whirlpool. Out of all brands Whirlpool usually...
- Dividend Reinvesting Or Not?
I was thinking for a while to reinvest dividends automatically or not. I used to reinvest dividends automatically. Then I decided not to reinvest it automatically since I plan to sell stocks at some point and so I didn't want to have short term sale...