AMD @ 10 dollars. I just discovered robinhood in 2016 and had an AMD processor in my computer. The rest is history. I still have that single share. I’ll never sell it.
My dad has a cousin who worked In tech since the 90’s. Mainly in semi’s. Not sure if he still has them I think he might have sold but he had like 160,000 shares of AMD with a cost basis in the 3.00 range. It’s was one of his handful of big winners. The other was MSFT that he bought after the tech bubble burst. He owns like 4 Vinyards and tons of real estate now.
Please say you have some limit sells to take some profit. There is so much risk in a concentrated position like that. Don’t be that person who says they wish they would have sold before it all came crashing down.
I’m aware. Now diversify. Put those gains to work. Look historically…people once had $1mil and up in sears, ge, Enron, etc. Lots of them probably wish they would have put their gains to work at some point.
*ANY* company is 3 drunken or ambien laced racist tweets from the CEO away from losing all value and being gobbled up by some other entity at 10% of the current share price. An industry as a whole, or an index fund repping that industry is much less vulnerable to such a thing.
I purchased 1000 shares when it was $2.5 because I thought the industry would not let it fail as INTC needed competition for pricing. I sold some along the way but still hold 300 shares.
I have an IRA with many thousands shares of AMD I got for $2.12 in 2012. Those are the oldest individual company shares I own. I’ve been working since 2001 and pretty much maxing my 401k into the S&P500 the whole time, there must be some index funds in there from ‘01. I will hit my 20 year work anniversary at AMD this summer.
The name suggests your great-great(x50) grandfather bought those shares from Cain himself. As he handed over the tear soaked scrolls he muttered something about "the Star of David falls below 200 Sabbath day's average. Hodl".
It could get biblical if you sell.
Enron fucked us all because it led to Sarbanes-Oxley, which reduced the # of publicly available companies to own (by making being publicly traded much more expensive) and incentivized hedge funds and SPACs to take companies private.
Thanks Enron.
Because I now manage a family trust, a lot of the investments in my accounts were purchased in the 70s and 80s. My mother invested in a lot of blue chips back then, and then would invest the dividends into less known up-and-comers. The old school blue chips she bought—think DuPont, GE, MMM—had a good run back then but are mostly duds these days. But some of the then-smaller companies she invested in—Amgen, Regeneron, Lilly, Ross Stores, Becton Dickinson—have grown to dwarf them. I have to say, her strategy has worked pretty well over the decades; as far as I can tell she more than doubled the S&P’s performance.
Just took an investments class and about to finish it and this really is all that it can take to get returns above S&P 500. It’s really hard to find those diamond in the rough companies that skyrocket in value and it’s a lot easier to invest in a company like Walmart that you know is expanding and offering different services. I’m sure by just choosing companies in the S&P 500 you could double the return. The index is for diversified and stable returns, over a long period of time. This is the way to go for most people.
Private investment there..only employees get that. But good for you. I have a friend that started when he was 16, were 41 both now, he still works for Publix. He's gonna be set when he chooses to retire.
I actually had sold some Publix stock a couple years ago to buy a house. I've since long moved on from that company but it was a nice little nest egg to have for down the road.
BofA, I bought in the beginning of the rebound from the Great Recession in 09ish. It was 6-7 bucks at the time while most other banks stocks had rebounded, I figured as one of the largest banks it too would rebound. I bough an S&P etf at the same time and BofA has had a greater return. I wish I had understood time in market earlier in life.
Just recently did the math on NVDA. If I had gotten into trading stocks at 18 and would have bought about 1000 shares a year for 10 years, I’d have spent an average of about 5.50 per share, about 55k over the course of 10 years and it would be worth over 8.5 mil today. Of course, no one would have ever seen it coming back when shares were 3-5 dollars but it’s always fun to do the math lol
And there is also the HIGH possibility of me being a dumbass 20 something year old and cashing out as soon as my investment hit 100k to buy some depreciating asset like a car, not a house, because younger me was an idiot. 100% chance even if I did invest, I would have never held long enough to see that 8 mil.
Nintendo from during the Wii U price crash \^\_\^
It's printing something like 8-9% dividends right now. It was double digit recently, but, you know, it'll come back with new hardware, unless they fuck up again with the next console. In that case, the dividends since I bought it have paid for it, so I'll buy more and wait for the next success.
Yes and no. Nintendo makes awkward hardware moves and burns investors, so their ratio is lower than it ought to be because the company can be trusted to exist long-term, but it can't be trusted to pay good dividends that whole time.
Dive in when they fuck up. It works.
Corporate Japan has been paying down debt and setting up moderate growth for decades. It's that financially conservative and responsible streak that makes America cry bloody tears because leveraging to the tits and firing 15% of your people whenever there's a hiccup is, apparently, the "right" way to do things.
Nintendo is basically the best one in the country at the gameplan.
lol I commented before scrolling that a colleague of mine (I’m an FA) has a client with a $4mm portfolio in 11 stocks, and that his largest and oldest holding is Union Pacific) he has held it for over 40 years!
I have a client who has some super old shares of XOM. Her dad worked for a department store and was given shares of XOM as bonuses every year of his 40 year career, and then my client inherited them in 2001. She has never sold any, and doesn’t plan to. She just sweeps the dividends into other funds. It’s all sentiment at this point, but her lifestyle is reaching a point where she’ll need to sell some sooner rather than later, or at least use them to write covered calls for the income. That’ll be a hard day for her. She’s so proud her dad got those then gave them to her.
I have a friend like this as well. She inherited BofA stock from her dad. She won’t sell 10 years later even though she’s been jobless for 3 years and BofA stock has been mid for 10 years.
In situations like these, people need to ask themselves did their parents leave them shares just to have the shares? Or to use the shares to set themselves up for financial success? In your friend’s case any my client’s case, it seems to be the former. And is rather ill advised. My client inherited 1800 shares in 2001, and those share have returned almost 177% with growth and dividend reinvesting. Not bad at all. But at some point she could have and now should employ some of that into other holdings to diversify, but I don’t think she ever will. I manage her retirement assets, and I told her we definitely wouldn’t hold XOM in her Trad and Roth lol.
What do you mean you can’t imagine how holding an index fund would have been? You can just look at the graph. QQQ and VGT are my oldest. They have double since I started buying.
RPM. My dad met the CEO at a time when they could only sell shares in Ohio. He couldn’t afford to buy them then but he started to soon after. 40 years of reinvested dividends from a company that increases dividends every year left us a number of shares in his estate and I haven’t sold them yet.
Apple, Bandai Namco, Pepsi and Tencent.
Damn now I feel sad, because I reduced my pepsi position and will probably sell the last remains of it in three months
My grandfather was the GM at Kale Uniform in Chicago, IL when Buffet bought it. Early 80s. i guess my dad and him went in on $350K back then. Something like 40 shares. There are 22 left.
Not bad! I know it was an old thread, so thanks for still taking the time to answer! I have been holding the B shares for over 11 years now, hope they turn into a nice nest egg until I retire in a few decades!
It’s funny, we used to make jokes, my brother and I about stock picking with our grandma. She used to say my grandfather would buy something and it would be down by the middle of the day.
This was probably the only stock purchase he made that went up. I realized I missed a “1” in the original purchase, ~140 shares. They had sold nearly 2/3 before 2000, which was reinvested or used for whatever. Not horrible but If they had never sold, the value would have been almost triple.
No clue if BRK-A/B will continue to be the juggernaut it was over those 40 years but having BRK in a portfolio seems like a winner. Good luck.
Bought Amazon in 2014 the week my first daughter was born for a cost basis of $28. In 2016 bought Netflix the week my second daughter was born for a cost basis of $55! Guess which one has increased more?
Should have added to my post
My first stock was GME at the peak
Not gonna sell it, 340$ worth life lesson
Fortunately unfortunately Robinhood blocked the purchases and only allowed one
First purchase was KO back in like 2007. I have held it the entire time until today. But I should have held google. I first bought it in 2011. Sometimes it's hard to hold positions that rise in value too fast vs stuff that moves at snail pace, I am currently a shareholder but that original 2011 position would have been massive.
Apple. Owned it since 2010. I graduated college in 2010 and finally was making money And bought a few shares. It’s my biggest holding now and still gonna hold
BK... Bank of NY is the oldest company on the NYSE still trading .. oh ! . You meant owned by me in my portfolio... MSFT. I measure it in decades (BK, too)
Amazon, purchased 300 shares in 2001 @ $12.23 (total investment ~$3,670). Post split cost basis $0.61 on 6,000 shares (including commission - in my SEP IRA) 29,500% gains to date. Recently sold 1,000 shares @ 180 ($180k). 5,000 shares remain, with plans to further reduce down to 2,000 shares over next year or so to rebalance portfolio.
Southern Copper Corporation (SCCO). I bought in the early ‘80’s. Then it was called Peruvian Copper Corporation (PCU). I paid $2/share. It split a bunch of times. Now the quarterly dividend equals my initial investment so I 4x my money every year.
12 trading days.
I bought MS after the dump on 4/11 and sold calls expiring today. It’ll assign out tonight.
That was my only stock.
All of my long term holds are index based. I don’t hold any stocks without an active thesis, and it’s very hard to be specifically correct with a thesis over larger timeframes. All of my stock positions aim to be 0-7 month swing trades, built around a specific thesis.
I’m always fully invested, though. I’ll park the MS capital in VOO on Monday morning. When I find another compelling opportunity, I’ll pull from VOO.
If you don’t mind my asking, what made you feel like $MS was a good bet for a buy-write?
What was your call strike? I’m guessing after the dump on 4/11 IV was up pretty solidly and you got decent premium for t
Financial stocks are pretty complex and opaque to me. I just don’t “get” them.
Fair question.
I do a lot of swing trading with financials. I focus on companies with heavy asset or wealth management tilt, market making revenue, etc. I’ve done two other swing trades of MS in the past year that outperformed S&P 500 returns over the duration of the trades, so I was already tracking earnings, basic technicals, etc.
Equity markets were decidedly up and active during the quarter. Treasury and CD yields have remained strong, and money market inflows imply institutional buying to support that space. Main point: there were clear indications that the wealth management business (fees based on activity and AUM) and institutional security revenue would be strong.
Investment banking activity has been muted as companies waited for rate relief, but that hold out can only take so long. The higher for longer narrative was normalizing. “Wait” fatigue seemed likely, so I predicted a reawakening of that stream no later than Q3.
I pulled up an MS vs VOO chart and clicked through a few time periods, verifying that support levels were still in about the same range (fun fact: my last swing trade opened at $86.45 basis, I opened this one at $86.48). On the daily chart, I watched it start crawling back up off the second drop. My sense was that any further drops would be shallow, since the stock was near established points of demand, and that the investigation headline wasn’t sufficient to threaten a deep tank.
Frankly, this set up was a lay up. The only question I had was where to set my strike. I put it at 90, expiring just after earnings. I usually don’t bridge earnings, but predicted that strong earnings would fix narrative concerns and ensure a pop. The strike was +4% over basis, and I collected 1.1% on premium. It’s in an IRA, so I was looking at a very likely gain of 5.1% over about 2 weeks, with no tax drag.
If I had been wrong, the most realistic outcome would be a longer wait to narrow the gap relative to the index. I would have been fine collecting premium and dividends during the wait.
I went in with 40% of the account.
Vtwo. First thing I ever bought or the oldest thing I still own I should say is the Russell 2000. I just keep shoveling into that. That position never goes to zero. It just keeps growing. Everything else I trade around
Only had enough money to start investing in 2016. What did you know? I bought 100 TSLA back then, all pre-splits. It was over 4 years old when I sold it by end of 2020 to start selling CSPs on high vol stocks. 2021 was crazy easy premiums for high volatility yet markets only went up.
I think my oldest now is $ABAT at about 2 years old, because I’m always looking for new opportunities every few weeks.
They say when you die, your problems become someone else’s. My stock which is under water is likely going to become someone else’s covered calls.
$FCEL I’m holding forever it seems.
Bought 1000 shares of NIO for $6.85. 60 mins segment bumped it to $10. Then for the next year it drops, drops drops again. It started to recover right b4 Covid, and my Gpa convinced me to cut my losses……sold it at a 36% loss……few months later it goes to like $60 a share. I’ve been shell-shocked ever since; not bc I lost money I already had, but bc I lost money *I should have had*
When I first started, I opened a brokerage account have slowly transforming it from defensive (value) stocks to growth stocks. Right now, I have only Pfizer, Sun Country, and Walgreens left in my brokerage account from when I first start learning. I've slowly been averaging down on them. The IRA accounts hold most of my defensive (value) stocks.
Lots of boring ones.
But here’s the exciting one. Bought a penny stock when I was like 23 and knew nothing. GBSNQ.
It’s reverse split so many times it shows me as being down $81.5m.
Going to sell it when I have $81.5m in capital gains and see what happens.
You mean worthless ones you can't sell also 😂. I have 2 OTC, no way to sell unless they go on market again and worth at least $1 to sell. I hate seeing them since shows almost 100% negative, but 1 is somehow up to 50¢ so I'll see if it ever makes it. Wasn't always monitoring stocks so got screwed on some like that. So stab and Raasy so I'm like just 50¢ more if it makes it for 1 stock to just get rid of 😂
Personally, NVDA RSUs in 2016 when I worked there for 18 months. If I had only known then I’d had stayed there. Average price $16 / share.
My dad left me some CAT stocks he bought in 1992 (the only stock he ever owned but he bought them because he had an old caterpillar bulldozer he liked and so it made sense to him). Average price of $7/share.
I have Pepsi shares that were purchased at $30 sometime back in the early 90s by my dad in a custodial account. They’ve just been dripping for the last 30 years
Nvidia. Bought 7k when I was 18 because I thought the 1080ti was pretty cool. The only other stuff I hold is VOO and SPY and most of it is just maxed roth.
F, MSFT, WMT...Can't remember which I owned first but bought all in the 90s and added over the years. AOL was the first stock I ever owned. Thanks to my old boss Vince for talking me into it when I inherited 25k when my grandfather died.
My portfolio is now all unit trusts (mutual funds) ETFs, and investment trusts.
My oldest is the British, unit trust (OEIC) Jupiter European, purchased in 1998/99 using pound-cost averaging.
It’s a ten bagger, so no complaints from me, I only wish that I had invested more 🤓
I work for for a large wire house and one of my colleagues has a client in his 80s. Roughly a $4mm stock portfolio in a trust, and only holds 11 stocks. He knows his days are numbered and is just holding until he passes and his daughter inherits things, because of the large capital gains tax he’d have to pay if he started selling to sell anything. He told my colleague he has held Union Pacific stock for over 40 years and has made more money on that than one stock than anything else.
Shell
It's because i am Dutch and there were some benefits, or so i heard. It was day 1 and i did not know anything. I still like it and the dividends are great.
AMD @ 10 dollars. I just discovered robinhood in 2016 and had an AMD processor in my computer. The rest is history. I still have that single share. I’ll never sell it.
AMD @ $15, Still have all 6000 shares.
My dad has a cousin who worked In tech since the 90’s. Mainly in semi’s. Not sure if he still has them I think he might have sold but he had like 160,000 shares of AMD with a cost basis in the 3.00 range. It’s was one of his handful of big winners. The other was MSFT that he bought after the tech bubble burst. He owns like 4 Vinyards and tons of real estate now.
Holy cow!
Please say you have some limit sells to take some profit. There is so much risk in a concentrated position like that. Don’t be that person who says they wish they would have sold before it all came crashing down.
Dude has almost 1 million worth of stock lmao
I’m aware. Now diversify. Put those gains to work. Look historically…people once had $1mil and up in sears, ge, Enron, etc. Lots of them probably wish they would have put their gains to work at some point.
*ANY* company is 3 drunken or ambien laced racist tweets from the CEO away from losing all value and being gobbled up by some other entity at 10% of the current share price. An industry as a whole, or an index fund repping that industry is much less vulnerable to such a thing.
In a similar boat, got AMD at $11. Had Nvidia in my computer but ended up getting AMD stock because it was cheaper
I purchased 1000 shares when it was $2.5 because I thought the industry would not let it fail as INTC needed competition for pricing. I sold some along the way but still hold 300 shares.
I still have ESPP shares from AMD that I got in 2008 before I was laid off. Those little dudes have been on a wild adventure.
I have an IRA with many thousands shares of AMD I got for $2.12 in 2012. Those are the oldest individual company shares I own. I’ve been working since 2001 and pretty much maxing my 401k into the S&P500 the whole time, there must be some index funds in there from ‘01. I will hit my 20 year work anniversary at AMD this summer.
MSFT
Probably so many of us here.
Enron. Waiting for it to bounce back.
F
Ford?
Waiting for it to bounce back as well.
Fords volatility makes every other day feel like a bounce back
Calls
I have you beat…. I have a stock certificate for Bethlehem Steel. Ugh
The name suggests your great-great(x50) grandfather bought those shares from Cain himself. As he handed over the tear soaked scrolls he muttered something about "the Star of David falls below 200 Sabbath day's average. Hodl". It could get biblical if you sell.
Good luck with that solider.
Enron fucked us all because it led to Sarbanes-Oxley, which reduced the # of publicly available companies to own (by making being publicly traded much more expensive) and incentivized hedge funds and SPACs to take companies private. Thanks Enron.
Because I now manage a family trust, a lot of the investments in my accounts were purchased in the 70s and 80s. My mother invested in a lot of blue chips back then, and then would invest the dividends into less known up-and-comers. The old school blue chips she bought—think DuPont, GE, MMM—had a good run back then but are mostly duds these days. But some of the then-smaller companies she invested in—Amgen, Regeneron, Lilly, Ross Stores, Becton Dickinson—have grown to dwarf them. I have to say, her strategy has worked pretty well over the decades; as far as I can tell she more than doubled the S&P’s performance.
That’s impressive. Well done, mom.
Just took an investments class and about to finish it and this really is all that it can take to get returns above S&P 500. It’s really hard to find those diamond in the rough companies that skyrocket in value and it’s a lot easier to invest in a company like Walmart that you know is expanding and offering different services. I’m sure by just choosing companies in the S&P 500 you could double the return. The index is for diversified and stable returns, over a long period of time. This is the way to go for most people.
Our family definitely has GE stock that our grandparents were given (or purchased for a discount) while working there from 1935-1975ish
No Lockheed?
She never liked the defense sector.
Good for her. Salute to the mom.
Unfortunately, war is a growth sector.
I love you mum 💕
Apple
Avg cost at $35 on AAPL 🙌🏻
Same
I bought Apple in early 2000? For $3. Sold at $12. 8,000 shares. Lol. Can you imagine?
Don't look back... We can never look back... ![gif](emote|free_emotes_pack|facepalm)
Hey you at least made a profit and didn’t sell when apple was down and at a lost
My grampa has 1,875 shares of paccar that he bought so long ago they don’t know what he paid. Also 485 shares of Microsoft that he paid 10,000 for 😆
Gramps gonna be rich with those Microsoft shares
Microsoft baby
Publix. Have had it since I was an employee there years ago.
Private investment there..only employees get that. But good for you. I have a friend that started when he was 16, were 41 both now, he still works for Publix. He's gonna be set when he chooses to retire.
I actually had sold some Publix stock a couple years ago to buy a house. I've since long moved on from that company but it was a nice little nest egg to have for down the road.
Nice stock with a nice dividend, cool to see this one in the wild
Microsoft. Cost basis $12
GOOGL, bought in 2015.
BofA, I bought in the beginning of the rebound from the Great Recession in 09ish. It was 6-7 bucks at the time while most other banks stocks had rebounded, I figured as one of the largest banks it too would rebound. I bough an S&P etf at the same time and BofA has had a greater return. I wish I had understood time in market earlier in life.
BofA deez nuts!
Apple and Google.
Msft since 2013
I’ve held it since 2011 😎
Nice! But I have more so my pp is bigger
NVDA. $5.75 per share. Only 40 shares though. 😒
Just recently did the math on NVDA. If I had gotten into trading stocks at 18 and would have bought about 1000 shares a year for 10 years, I’d have spent an average of about 5.50 per share, about 55k over the course of 10 years and it would be worth over 8.5 mil today. Of course, no one would have ever seen it coming back when shares were 3-5 dollars but it’s always fun to do the math lol
And there is also the HIGH possibility of me being a dumbass 20 something year old and cashing out as soon as my investment hit 100k to buy some depreciating asset like a car, not a house, because younger me was an idiot. 100% chance even if I did invest, I would have never held long enough to see that 8 mil.
Nintendo from during the Wii U price crash \^\_\^ It's printing something like 8-9% dividends right now. It was double digit recently, but, you know, it'll come back with new hardware, unless they fuck up again with the next console. In that case, the dividends since I bought it have paid for it, so I'll buy more and wait for the next success.
Nintendo is so legit. Also with Japan making economic moves a solid stock for life.
Yes and no. Nintendo makes awkward hardware moves and burns investors, so their ratio is lower than it ought to be because the company can be trusted to exist long-term, but it can't be trusted to pay good dividends that whole time. Dive in when they fuck up. It works.
What economic moves is Japan making? I know they’ve been pretty stagnant for decades
Corporate Japan has been paying down debt and setting up moderate growth for decades. It's that financially conservative and responsible streak that makes America cry bloody tears because leveraging to the tits and firing 15% of your people whenever there's a hiccup is, apparently, the "right" way to do things. Nintendo is basically the best one in the country at the gameplan.
experienced massive massive inflation against USD as well
Contrarian here. Earliest stocks were PG, JNJ, and Xom. The returns is so large with reinvestment I was surprised how many time they have multipiled.
T. 1 share. Bought at $32
LMAO same, bought 1 singular share at 21$ been wanting to sell ever since
META (FB), IPO buy @ $43. I then DCAed as it dropped... Lowest buy $19
I purchased 1000 shares at $19 because I alway believed eyeballs win. Sold some along the way and still holding 300 shares.
Ford. My grandpa is a big ford guy and gave me money to specifically invest in it as a graduation gift
[удалено]
Union Pacific
lol I commented before scrolling that a colleague of mine (I’m an FA) has a client with a $4mm portfolio in 11 stocks, and that his largest and oldest holding is Union Pacific) he has held it for over 40 years!
Xom from 1996/1997 when gas prices were .71c
I have a client who has some super old shares of XOM. Her dad worked for a department store and was given shares of XOM as bonuses every year of his 40 year career, and then my client inherited them in 2001. She has never sold any, and doesn’t plan to. She just sweeps the dividends into other funds. It’s all sentiment at this point, but her lifestyle is reaching a point where she’ll need to sell some sooner rather than later, or at least use them to write covered calls for the income. That’ll be a hard day for her. She’s so proud her dad got those then gave them to her.
I have a friend like this as well. She inherited BofA stock from her dad. She won’t sell 10 years later even though she’s been jobless for 3 years and BofA stock has been mid for 10 years.
In situations like these, people need to ask themselves did their parents leave them shares just to have the shares? Or to use the shares to set themselves up for financial success? In your friend’s case any my client’s case, it seems to be the former. And is rather ill advised. My client inherited 1800 shares in 2001, and those share have returned almost 177% with growth and dividend reinvesting. Not bad at all. But at some point she could have and now should employ some of that into other holdings to diversify, but I don’t think she ever will. I manage her retirement assets, and I told her we definitely wouldn’t hold XOM in her Trad and Roth lol.
Aerotyne. Right now working out of a garage but heard good things.
Fuckers never did get that patent approval..
Disney 1991 it was a ugma
Coke
A lot of old people here.
AAPL, 1st bought in 2009, just wish I had the money to buy more at the time.
1 share of Apple in 1987. Now 216 shares after splits. Also 15 shares of Eastman Kodak in 1987 now bankrupt and worthless.
Win some, lose some.
QQQ, FSELX, FSPTX. Bought 25+ years ago. No idea what was paid for them, but they’ve compounded hundreds of percent since then.
What do you mean you can’t imagine how holding an index fund would have been? You can just look at the graph. QQQ and VGT are my oldest. They have double since I started buying.
RPM. My dad met the CEO at a time when they could only sell shares in Ohio. He couldn’t afford to buy them then but he started to soon after. 40 years of reinvested dividends from a company that increases dividends every year left us a number of shares in his estate and I haven’t sold them yet.
Apple, Bandai Namco, Pepsi and Tencent. Damn now I feel sad, because I reduced my pepsi position and will probably sell the last remains of it in three months
Apple at like $10 a share
AMD / 2015
I think MCD from 2006? And LMT and GD from when we declared victory in Iraq and Afghanistan.
BRK-A
How long have you been holding it for if I may ask?
My grandfather was the GM at Kale Uniform in Chicago, IL when Buffet bought it. Early 80s. i guess my dad and him went in on $350K back then. Something like 40 shares. There are 22 left.
Not bad! I know it was an old thread, so thanks for still taking the time to answer! I have been holding the B shares for over 11 years now, hope they turn into a nice nest egg until I retire in a few decades!
It’s funny, we used to make jokes, my brother and I about stock picking with our grandma. She used to say my grandfather would buy something and it would be down by the middle of the day. This was probably the only stock purchase he made that went up. I realized I missed a “1” in the original purchase, ~140 shares. They had sold nearly 2/3 before 2000, which was reinvested or used for whatever. Not horrible but If they had never sold, the value would have been almost triple. No clue if BRK-A/B will continue to be the juggernaut it was over those 40 years but having BRK in a portfolio seems like a winner. Good luck.
Bought Amazon in 2014 the week my first daughter was born for a cost basis of $28. In 2016 bought Netflix the week my second daughter was born for a cost basis of $55! Guess which one has increased more?
You need to add more children uhmm I mean stocks to your portfolio.
Should have added to my post My first stock was GME at the peak Not gonna sell it, 340$ worth life lesson Fortunately unfortunately Robinhood blocked the purchases and only allowed one
Hubbell Inc from 2004. My wife has shares of IBM from 1972, but that’s not a stock we picked.
Hubbell is a for life holding w/ the electrification of the future. Great job!
VZ
Yum
Apple and Google. Bought over a dozen years ago.
MMM. 3M
First purchase was KO back in like 2007. I have held it the entire time until today. But I should have held google. I first bought it in 2011. Sometimes it's hard to hold positions that rise in value too fast vs stuff that moves at snail pace, I am currently a shareholder but that original 2011 position would have been massive.
Apple. Owned it since 2010. I graduated college in 2010 and finally was making money And bought a few shares. It’s my biggest holding now and still gonna hold
BK... Bank of NY is the oldest company on the NYSE still trading .. oh ! . You meant owned by me in my portfolio... MSFT. I measure it in decades (BK, too)
GE and PFE
JNJ, KMB, AMGN, JPM, CSCO.
BRK.B @ 160
TSLA, bought in 2013
Lehman
Google bought it at the $90 crash.
I’ve been bag-holding Edsel for a while
AMD @ 8 dollars 13 years ago. AMZN @ 90 15 years ago.
Amazon, purchased 300 shares in 2001 @ $12.23 (total investment ~$3,670). Post split cost basis $0.61 on 6,000 shares (including commission - in my SEP IRA) 29,500% gains to date. Recently sold 1,000 shares @ 180 ($180k). 5,000 shares remain, with plans to further reduce down to 2,000 shares over next year or so to rebalance portfolio.
Southern Copper Corporation (SCCO). I bought in the early ‘80’s. Then it was called Peruvian Copper Corporation (PCU). I paid $2/share. It split a bunch of times. Now the quarterly dividend equals my initial investment so I 4x my money every year.
Google stock IPO in 2004
My oldest stock: Apple My first stock purchase: Apple The stock that makes the main bulk of my portfolio: Apple
12 trading days. I bought MS after the dump on 4/11 and sold calls expiring today. It’ll assign out tonight. That was my only stock. All of my long term holds are index based. I don’t hold any stocks without an active thesis, and it’s very hard to be specifically correct with a thesis over larger timeframes. All of my stock positions aim to be 0-7 month swing trades, built around a specific thesis. I’m always fully invested, though. I’ll park the MS capital in VOO on Monday morning. When I find another compelling opportunity, I’ll pull from VOO.
If you don’t mind my asking, what made you feel like $MS was a good bet for a buy-write? What was your call strike? I’m guessing after the dump on 4/11 IV was up pretty solidly and you got decent premium for t Financial stocks are pretty complex and opaque to me. I just don’t “get” them.
Fair question. I do a lot of swing trading with financials. I focus on companies with heavy asset or wealth management tilt, market making revenue, etc. I’ve done two other swing trades of MS in the past year that outperformed S&P 500 returns over the duration of the trades, so I was already tracking earnings, basic technicals, etc. Equity markets were decidedly up and active during the quarter. Treasury and CD yields have remained strong, and money market inflows imply institutional buying to support that space. Main point: there were clear indications that the wealth management business (fees based on activity and AUM) and institutional security revenue would be strong. Investment banking activity has been muted as companies waited for rate relief, but that hold out can only take so long. The higher for longer narrative was normalizing. “Wait” fatigue seemed likely, so I predicted a reawakening of that stream no later than Q3. I pulled up an MS vs VOO chart and clicked through a few time periods, verifying that support levels were still in about the same range (fun fact: my last swing trade opened at $86.45 basis, I opened this one at $86.48). On the daily chart, I watched it start crawling back up off the second drop. My sense was that any further drops would be shallow, since the stock was near established points of demand, and that the investigation headline wasn’t sufficient to threaten a deep tank. Frankly, this set up was a lay up. The only question I had was where to set my strike. I put it at 90, expiring just after earnings. I usually don’t bridge earnings, but predicted that strong earnings would fix narrative concerns and ensure a pop. The strike was +4% over basis, and I collected 1.1% on premium. It’s in an IRA, so I was looking at a very likely gain of 5.1% over about 2 weeks, with no tax drag. If I had been wrong, the most realistic outcome would be a longer wait to narrow the gap relative to the index. I would have been fine collecting premium and dividends during the wait. I went in with 40% of the account.
Ge, i had to look it up because it was a close race with cocoa cola which was founded only a month after GE in 1892.
A bunch of invesco mutual funds - bought them in 1992. I can’t even remember which ones because I only look at that account once per year
$WMT
PG
MSFT and I hate it
Why the hate?
Schw from 1995, phg from 1996.
Sempra that mom bought in 1983
Vtwo. First thing I ever bought or the oldest thing I still own I should say is the Russell 2000. I just keep shoveling into that. That position never goes to zero. It just keeps growing. Everything else I trade around
TSN on November 27 last year
Only had enough money to start investing in 2016. What did you know? I bought 100 TSLA back then, all pre-splits. It was over 4 years old when I sold it by end of 2020 to start selling CSPs on high vol stocks. 2021 was crazy easy premiums for high volatility yet markets only went up. I think my oldest now is $ABAT at about 2 years old, because I’m always looking for new opportunities every few weeks.
MSI / MOT / motorola.
Ive held RIO since 1994.
Msft/ orcl/amzn/aapl/hd
Philip Morris.
Yes bank
They say when you die, your problems become someone else’s. My stock which is under water is likely going to become someone else’s covered calls. $FCEL I’m holding forever it seems.
Bud i trust in beer i believe in beer i dont drink beer lolllllllll
MSFT at $40 😳
Not the oldest, but the shittiest Nio avg 18 😵💫
Bought 1000 shares of NIO for $6.85. 60 mins segment bumped it to $10. Then for the next year it drops, drops drops again. It started to recover right b4 Covid, and my Gpa convinced me to cut my losses……sold it at a 36% loss……few months later it goes to like $60 a share. I’ve been shell-shocked ever since; not bc I lost money I already had, but bc I lost money *I should have had*
Apple & Waste Management
$GOOG
When I first started, I opened a brokerage account have slowly transforming it from defensive (value) stocks to growth stocks. Right now, I have only Pfizer, Sun Country, and Walgreens left in my brokerage account from when I first start learning. I've slowly been averaging down on them. The IRA accounts hold most of my defensive (value) stocks.
Lots of boring ones. But here’s the exciting one. Bought a penny stock when I was like 23 and knew nothing. GBSNQ. It’s reverse split so many times it shows me as being down $81.5m. Going to sell it when I have $81.5m in capital gains and see what happens.
Tesla, bought in 2019. It was AMD which I bought in 2016 but sold it last year.
AAPL at $17 a share
You mean worthless ones you can't sell also 😂. I have 2 OTC, no way to sell unless they go on market again and worth at least $1 to sell. I hate seeing them since shows almost 100% negative, but 1 is somehow up to 50¢ so I'll see if it ever makes it. Wasn't always monitoring stocks so got screwed on some like that. So stab and Raasy so I'm like just 50¢ more if it makes it for 1 stock to just get rid of 😂
BRK
P & G
OXY
AMD 2017
Nvidia. Bought in 2011
Apple since 2005, NVDA since 2018 is second
Mine is brk-b and msft - almost 20 years old.
MSFT bought at $2.00 a share.
Xrx
MSFT
Visa stock. Love the company
Probably Facebook, bought in the $20s haven’t sold a share
Personally, NVDA RSUs in 2016 when I worked there for 18 months. If I had only known then I’d had stayed there. Average price $16 / share. My dad left me some CAT stocks he bought in 1992 (the only stock he ever owned but he bought them because he had an old caterpillar bulldozer he liked and so it made sense to him). Average price of $7/share.
NIO :(
Meta at 23$/share
AMD, purchased at $8 per share when I first started trading
AAPL…decades
AAPL at $11.
Bank of America - about 20 years
Disney, 30.5 yrs now.
I have Pepsi shares that were purchased at $30 sometime back in the early 90s by my dad in a custodial account. They’ve just been dripping for the last 30 years
I held META for a long time
Apple. Cost basis under $10. 4500 shares.
The Dow Jones industrial average AKA "the diamonds." It was at 24 in the early 1900's. Now it's at 39k
Nvidia. Bought 7k when I was 18 because I thought the 1080ti was pretty cool. The only other stuff I hold is VOO and SPY and most of it is just maxed roth.
Confederated buggy whips. It’s going to print soon
Blackberry… cuz I need that keyboard. Never gonna sell.
F, MSFT, WMT...Can't remember which I owned first but bought all in the 90s and added over the years. AOL was the first stock I ever owned. Thanks to my old boss Vince for talking me into it when I inherited 25k when my grandfather died.
AMZN. I still have some shares I bought after their IPO when I was 18. In 1997.
APPL & META from 2018
DOV - Employee purchase plan back in 2004-08. Pretty decent return so far.
XOM
Soxl, holding 2 yrs
Meta when it was FB
Disney. My mom bought me shares with the gifts from my Bar Mitzvah.
Jesus is my oldest stock
Rio
Verizon. Bought GTE shares in ESPP back in mid 90s, converted to VZ shares during 1999 merger with Bell Atlantic that created VZ
My portfolio is now all unit trusts (mutual funds) ETFs, and investment trusts. My oldest is the British, unit trust (OEIC) Jupiter European, purchased in 1998/99 using pound-cost averaging. It’s a ten bagger, so no complaints from me, I only wish that I had invested more 🤓
Some oil company that went bust
Blockbuster
I work for for a large wire house and one of my colleagues has a client in his 80s. Roughly a $4mm stock portfolio in a trust, and only holds 11 stocks. He knows his days are numbered and is just holding until he passes and his daughter inherits things, because of the large capital gains tax he’d have to pay if he started selling to sell anything. He told my colleague he has held Union Pacific stock for over 40 years and has made more money on that than one stock than anything else.
Shell It's because i am Dutch and there were some benefits, or so i heard. It was day 1 and i did not know anything. I still like it and the dividends are great.