HFWR
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Ah yes, I'm very familiar with the interior decor style we all used to call Early Poverty.
Mid-century yard sale...
Ah yes, I'm very familiar with the interior decor style we all used to call Early Poverty.
Ah yes, I'm very familiar with the interior decor style we all used to call Early Poverty.
See - I always thought it was Eclectic Savation Army mixed with Early American Hand-me-down.Mid-century yard sale...
I bought my first stock in 1973 when I was 19- had to put a parent's name on the account! It was Republic Steel, where Dad worked at the time. I think I sold it 3 years later. Started my first job in 1975 and started buying company stock, which actually did pretty well. I then started investing with a broker at Merrill Lynch whom I met through a coworker- she started out as a ballet major, finished as a psych major and was a rabid chartist. We made some very good moves but I lost touch with her when I sold everything to buy a house. She started out at ML, went to another giant firm after that and I see she's now with a big "wealth management" firm.
In 1984 I started at Megacorp. They gave us profit sharing in a private fund. For over 30 years they ate the 1% fee.
I was hired as an entry level programmer. My first big project was writing calculations for stock distributions. I had no idea what a distribution, or a stock was. Hahaha. I guess I did ok.
Hahaha. Actually in a status meeting the analyst who wrote the specification I wrote code for, asked a similar question. "Had I remembered to dynamically allocate her private dataset to collect the fractional cents rounded off in the calculation routines?". My manager looked at me, the new entry level programmer, and I knew a code review was coming.if (payee == "MRG")
{
// Logic to "enhance the payment" goes here"
}
else
{
....
}
My first real purchase was at age 20, after graduating from college. I think it was Warner Lambert (but not positively sure if that was the first, I would have to find and go over my old records). 2nd edit: I also started buying mega-corp's stock about a month after I was hired.
At about 14-15 my father took me to see an old buddy (not sure how) who was a broker. He mentioned a company called "Action Industries" (Amex), which I followed in the paper for a couple years. I would look at the price each day, and write it down in a notebook. What is most interesting about this is my father (nor anyone in my family) had ever owned any kind of stock.
I am definitely one of the noobs here, which is why I come to this board -- to learn from the wisdom of you geezers
I am 36 and have only been really in the market since I was 27.
In 1994 - With Fidelity Contra Fund