For those who dabble in the stock market. What shares do you own and do you like them?

Just like the title reads.

Thanks Dank

I put everything in Rusty Old Cars Inc, I like them because I have a disease

Depends on what you are looking for.

I dabble. I don't get crazy with anything. I look for solid companies that will be around 20 years from now, and I look for decent dividends.

Also, BRK.

In reply to mtn:

What companies if you don't mind mentioning.

KO, MO, ABT, HSP, BAX, BRK-B (not really a dividend stock per-se, but they invest in dividend stocks for you--sort of like an index fund)... Not all of these were bought solely for the dividend, some were bought on familiarity with the company.

I don't recommend these companies. I don't not recommend them either. I do hope you do some research outside of a car forum.

We had this discussion about five months ago and I recommended Zillow...anybody that took my advice was heavily rewarded.

I’m just coming off of vacation so I’m not dialed in enough to have a recommendation on a specific stock at the moment.

In reply to mtn:

I'm absolutely researching outside of this car forum. I pretty much know where my money is going I'm just wondering what others are doing .

Every once in awhile, when I feel like I know more about something than the general public, I'll invest. I did it with Tesla, worked out, should have hung on much longer, but that was just to make a quick buck. Made about 1k, then got out while I was ahead.

I also did it with BP--I saw the stock tank, and realized they were going to be around for a long, long time, and bought it. That worked out as well, I've hung on to that one.

I've realized that other than these situations, I really don't have the time to put into doing it right--that is why it all goes to index funds. On the rare occasion that I think I have a good enough idea to do something myself, I'll do it. Otherwise, don't mess with stuff you don't understand. (My lessons to me, thankfully "the hard way" was only a couple hundred bucks early in my investing career)

I've been investing for close to 30 years and the major drug stocks have always done well for me. I invest for the long haul and for dividends. I have bought growth stocks but you have to be ready to sell them on short notice if the reasons for buying it change as your only going to gain what the selling price of the stock nets you. I did make some money with Apple and bought some Intel a few months back, that's done well for me to date.

The question is what is your time frame for the money? I invested over the 30+ years and just re-invested the gains. I didn't withdraw any funds until late last year to pay some of my living expenses in retirement. Well at least until I reach age 65 when a pension and SS kick in.

I tend to look for a little beat up industrial and Medical stocks. I did good with Merck and Eaton. I've owned GE forever but now a day's it's basically a bond fund that pays quarterly. Apple made me a good 33% uptick right before the split. I've still got my Merck and J&J for the DRIP's

Right now, I'm fairly withdrawn from the market. It's really lost the momentum and nothing is really calling to me right now so I have my money just tucked away in a bond fund till I see something that makes me want to go out and get it.

I'm looking at 20 years till retirement if all goes according to plan. I would prefer stocks I can sit on for awhile.

I would be in pipeline and oil transport stocks (which means rail for now) but my personal exposure to the oil industry keeps me away from related sectors.

I used to put all my money into porn. But it seemd to lose its value over time, so I wised up and started funding my 401K to the max. It will be a nice nest egg if the market doesn't tank before I retire.

dankspeed wrote: I'm looking at 20 years till retirement if all goes according to plan. I would prefer stocks I can sit on for awhile.

this would be a good time to find a reputable fund ( American, Vanguard) someone like that and put your money in an index fund …

nothing says you can't strike it rich with individual stocks … but I've barely broken even, and lost money on most of my individual stock purchases … mutual funds/index funds and I've done quite well

and like spitfirebill said … fund your 401k (assuming your company offers one) plus a traditional/or Roth IRA fully … depending on your income, you can do both … the advantage is the tax deferred status … or the tax free growth

Allstate, Discover Card, Tyco - stuff my dad gave me. I roll over the dividends.

UP has done really well lately as well. My mom has owned that for a long long time and it's treated her well. I managed to get some GoPro at the IPO and that is good for me. My IRA is a mix of short and long term growth with a little international and bonds in the mix.

As for strategy, I max out the free money that I get from employer match. Then I have a roll-out IRA from my 2 prior jobs that are funded. I try to put 5-8% a year additional into that. Between it all and at a decent rate of return, I should be comfortable come retirement.

It'll help that I should have my house paid off in 5 years and It's almost double what I paid for it 8 years ago in a really hot Austin market. Good thing is I'm not in any hurry to move.

I've had a Roth since '06 but haven't done much with it. This is the year I max it out with the plan to max it out every year going forward.

I set up a new account with vanguard today with 75% going into index funds. I've got the other 25% going into a money market account to buy some stocks.