Date registered: Jul 2005
Vehicle: 99 ML430, 00 ML320, 05 E500 4matic Wagon
Mentioned: 22 Post(s)
Quoted: 1122 Post(s)
No secret. I have been incredibly lucky. I held on to it all after the market tanked a few years ago and now it is even higher. If the market had not tanked it would be closer to 20%. I bought Apple when it was down to $13. I got in Google's IPO and then stuck with blue chips like Mobil-Exxon, Alcoa, Us Steel and some Asian stuff like Samsung. There are a few that are only pulling 3-4% but the biggies have really done very well. There is also a a little bit in gold I bought in 1989 with our wedding present money. I learned from my father I have to stay in for the long haul. If I had panic sold like so many others I would not have a retirement fund or college fund for my kids. Both of which are also great tax helpers. Roth funds are where all the capital gains go if anything is sold or there is windfall money from extra work.