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I put it all in Disney in October 2012...and I got a lot of grief from memebers
05-12-2013, 07:21 AM
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#1
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Dryer sheet wannabe
Join Date: May 2010
Location: Smoky Mountains
Posts: 23
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I put it all in Disney in October 2012...and I got a lot of grief from memebers
But I'm laughing all the way to the bank so far, so neaww.  
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05-12-2013, 07:43 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 16,257
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 Quote:
Just because a stupid move worked out does not change the fact that it was (and always will be) a stupid move....
But, glad it worked out for you...
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05-12-2013, 07:56 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Posts: 1,944
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I put it all on black 22, spun the wheel and won big.
Doesn't mean it was wise.
And congratulations. I hope your future earnings are as good.
For me, putting it all on a single stock is far too risky. Although I suppose if I had put it all on TSLA when I first invested in it I would be up almost 400% :P
__________________
"We do not inherit the earth from our ancestors, we borrow it from our children.
(Ancient Indian Proverb)"
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05-12-2013, 07:57 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: North Scottsdale
Posts: 1,545
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What's next...frozen orange juice concentrate futures?
__________________
FIRE'D in July 2009 at 51...Never look back!
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05-12-2013, 08:05 AM
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#5
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gone traveling
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 34,002
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So what do you do now? Sell or put a sell limit order in place to protect your gains or stay put?
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05-12-2013, 08:28 AM
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#6
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 23,410
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Just let it ride.
Since Disney is described as a "diversified entertainment company," you should be fine for the foreseeable future, right?
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05-12-2013, 08:42 AM
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#7
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gone traveling
Join Date: May 2013
Posts: 9
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all i can say is this-i once had all my money in company stock. the stock was close to 100 dollars a share. i read an article saying it was unwise to have all your money in company you work for. so i liquidated 90 percent. one year later it was 7 dollars a share. but it had fallen to 15 from one hundred in a 2 day period.
you never know
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05-12-2013, 09:09 AM
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#8
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gone traveling
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 34,002
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Quote:
Originally Posted by bubblehead
all i can say is this-i once had all my money in company stock. the stock was close to 100 dollars a share. i read an article saying it was unwise to have all your money in company you work for. so i liquidated 90 percent. one year later it was 7 dollars a share. but it had fallen to 15 from one hundred in a 2 day period.
you never know
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Wise advice.
As great a company as DIS is, it makes no sense to have all your eggs in one basket. Too many people have been burned having all their eggs in one basket. In some cases they had less of a choice (company benefit plans) but the those limitations don't apply to the OP.
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05-12-2013, 09:17 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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Never put all of your money into such a mickey mouse outfit.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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05-12-2013, 10:31 AM
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#10
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 46,878
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Quote:
Originally Posted by heeyy_joe
Never put all of your money into such a mickey mouse outfit.
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 Cute!
Oldnews, congratulations on your 10th post. I think that as you participate and actually get to know and interact with our members, you may appreciate their honest feedback more. I know I do.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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05-12-2013, 03:30 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 49,497
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oldnews, you might want to bookmark this link: Gamblers Anonymous
__________________
Numbers is hard
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05-12-2013, 03:55 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Posts: 3,403
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I am glad this worked out for you, but I hope that you diversify now. I also hope that the newbies know this is not something to emulate.
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05-12-2013, 06:31 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Sep 2009
Location: Hong Kong
Posts: 1,688
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Quote:
Originally Posted by W2R
...
. I think that as you participate and actually get to know and interact with our members, you may appreciate their honest feedback more. I know I do.
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Personally, I live in terror of some of the "honest feedback" dished out around here.
OP - congratulations on a very nice gain but as others have said, putting all your money (or even a very high percentage of it) in one company is a high risk strategy. It isn't too hard to imagine any number of situations where the share price could have moved dramatically against you.
__________________
Budgeting is a skill practised by people who are bad at politics.
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05-12-2013, 06:43 PM
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#14
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Confused about dryer sheets
Join Date: Feb 2012
Posts: 4
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You would have been better off putting it all in NFLX than DIS.
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05-12-2013, 07:03 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,699
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One question have you sold yet? If not you have made anything..
Also you would have done just as well investing in GOOG, and you have made 171% investing in Tesla (TSLA).
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05-12-2013, 07:11 PM
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#16
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Gone but not forgotten
Join Date: Jul 2012
Location: Peru
Posts: 6,335
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__________________
If you want others to be happy, practice compassion. If you want to be happy, practice compassion.
--Dalai Lama XIV
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05-12-2013, 07:14 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,279
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Quote:
It's your money and you can do what you please..if you have done well, congratulations.
When you say, ' I put it all in Disney' I assume you mean every dime you had.
If I put all of my money in one company, all 'profits' would be spent on antacids and toilet paper.
__________________
There's no need to complicate, our time is short..
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05-12-2013, 08:01 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Location: Bossier City
Posts: 2,183
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05-12-2013, 08:04 PM
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#19
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Administrator
Join Date: Apr 2006
Posts: 20,966
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Congratulations on your gains. But then everyone's a genius in a bull market.
__________________
Living an analog life in the Digital Age.
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05-12-2013, 08:19 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Posts: 1,934
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I couldn't take the volatility. I don't want an E-ticket ride from my investments.
__________________
And if I claim to be a wise man, it surely means that I don't know.
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