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My lump of coal story - thank you Ancient Tiger for waking me up!

Posted on 2/8/21 at 9:57 am
Posted by CAD703X
Liberty Island
Member since Jul 2008
91437 posts
Posted on 2/8/21 at 9:57 am
Short story, I have been holding roughly 1100 shares of my company's stock in a private brokerage account valued @ $25/share.

5 years ago it hung out at roughly $25/share.

10 year ago it hung out at roughly $25/share.

Get the picture? this has been sitting in an account doing absolutey NOTHING for me other than me being a good 'company boy'. I literally have ignored this account for years. The wife doesn't even know it exists so its essentially 'play money'.

tl;dr i decided to cash out 50% of it and join the Cult of AT and in 2 days that $26k that has done nothing for over 10 years is up more than 20% EVEN with me still holding 500 shars of no-move company stock.

better late than never to the game.

THANKS AT! better to take a chance and lose than to not have taken a chance at all.
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 2/8/21 at 9:58 am to
quote:

THANKS AT! better to take a chance and lose than to not have taken a chance at all.


There is probably some middle ground between a stagnant individual stock and pennies, but you’re on the right track.
Posted by Ping Pong
LSU and UVA alum
Member since Aug 2014
6001 posts
Posted on 2/8/21 at 10:05 am to
quote:

The wife doesn't even know it exists so its essentially 'play money'.


best you keep it that way
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53090 posts
Posted on 2/8/21 at 10:08 am to
I had an account with a few hundred dollars in it that I intended to close out some time ago. I dropped it in TSNP and it's over 1k now
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 2/8/21 at 10:10 am to
"You miss 100% of the shots you don't take"

-Wayne Gretzky
--Michael Scott
---Yak
----CAD703X
Posted by CAD703X
Liberty Island
Member since Jul 2008
91437 posts
Posted on 2/8/21 at 10:12 am to
quote:

best you keep it that way


she's a good one and if this pans out in any way i would love to surprise her with a few indulgences down the road.
Posted by CAD703X
Liberty Island
Member since Jul 2008
91437 posts
Posted on 2/8/21 at 10:12 am to
quote:

"You miss 100% of the shots you don't take"

-Wayne Gretzky
--Michael Scott
---Yak
----CAD703X
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32736 posts
Posted on 2/8/21 at 10:18 am to
That’s the key though, make enough money that you can do something with it, so it makes a difference
Posted by cgrand
HAMMOND
Member since Oct 2009
46575 posts
Posted on 2/8/21 at 10:24 am to
quote:

My lump of coal story

you're gonna be a diamond, some day
Posted by CAD703X
Liberty Island
Member since Jul 2008
91437 posts
Posted on 2/8/21 at 10:42 am to
quote:

cgrand


i'm just following you and AT around like a lost kitten
Posted by LSUguerilla
Baton Rouge
Member since Oct 2003
608 posts
Posted on 2/8/21 at 11:23 am to
I feel like Apple has been sitting around doing nothing for me compared to all my other investments the last month.
Posted by JSB
Member since Nov 2019
22 posts
Posted on 2/8/21 at 12:34 pm to
Invested 25k in a startup and sold it for 50 million. There is real wealth creation then there are stocks for the fund. "IF THE SHOE FITS, WEAR IT DON'T THROW IT"
Posted by DaGarun
Smashville
Member since Nov 2007
26267 posts
Posted on 2/8/21 at 12:55 pm to
quote:

The wife doesn't even know it exists...

:orly:
Posted by CAD703X
Liberty Island
Member since Jul 2008
91437 posts
Posted on 2/8/21 at 1:04 pm to
quote:

The wife doesn't even know it exists...

:orly:


if you want to keep getting blantons instead of wild turkey you'll keep your trap shut next time you're over.
Posted by wickowick
Head of Island
Member since Dec 2006
46272 posts
Posted on 2/8/21 at 1:36 pm to
Posted by jfw3535
South of Bunkie
Member since Mar 2008
5426 posts
Posted on 2/8/21 at 2:20 pm to
I had about 4 or 5 big time losers in my rollover 401k account that I kept hold hoping one day they would eventually come back b/c I couldn't stand to sell for such huge losses. I recently sold them all, took what little money I had left from those investments and put it all into AT stocks. Hopefully the huge gains his stocks seem to have will more than offset the money I lost on those accounts.
Posted by el Gaucho
He/They
Member since Dec 2010
58484 posts
Posted on 2/8/21 at 2:21 pm to
You’d think Burger King stock would’ve moved more in that time
Posted by CAD703X
Liberty Island
Member since Jul 2008
91437 posts
Posted on 2/8/21 at 2:57 pm to
underrated comment
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
73100 posts
Posted on 2/8/21 at 3:04 pm to
quote:

you're gonna be a diamond, some day


Or shoveled into a furnace.
Posted by AUCE05
Member since Dec 2009
44911 posts
Posted on 2/8/21 at 3:09 pm to
ZOOMY ZOOM!!!!
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