Fatherly Investing Advice
Happy Father’s Day! What my kids should know about investing is this: It isn’t about buying a good company with a long history (#PG, BRK.A), it isn’t about buying at the right time, its not about earnings, or riding a meme wave (#AMC, #GME, #BB…. go apes!). Don’t take your friend’s advice, don’t pay a financial advisor, don’t spend every waking hour scouring the internet for the latest and greatest advice. It’s simple. It’s basic. Buy a Delorean to time travel and do it the good ol’ fashioned, hard-working American way.
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Quackamoo :
Konman : my father had 2100 shares in PG. he also worked at Gillette for 36 years before Proctor and Gamble. I ended up with 650 shares. which actually got me going in the stock market. I unloaded 400 when they were around 136 and kept over 200. it's been pretty good to me. and will hang on to the rest for I'd like to think until I give them to my kid.