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The Water Cooler
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How did your investments do in 2019?
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<blockquote data-quote="dennishoddy" data-source="post: 3311927" data-attributes="member: 5412"><p>Most companies offer a portfolio of investment opportunities along with the employers company stock. One of the companies I worked for had company stock as well as Vanguard. The company covered all transaction fees for trades, and sales. This was back in the day trading days. </p><p>Went out on a limb many times sometimes trading every day or two as the company stock rose and fell like a saw blade. One just had to time it right, and if the timing was off, wait a bit and get back in. Vanguard had an investment that basically did nothing. It rarely gained, and never lost kind of like a bank savings account. It was a good place to put some money when the stock was high. Then when it dipped, jump in for a few days and sell again on the high.</p><p> Did that for many years along with other employees. We made tons of money. Wife was right there as well. </p><p>Eventually the Corporate folks found out what we were doing, and shut down the free trades.....except for corporate folks and officers. HEHE, my wife was a corporate officer. Life went on. <img src="/images/smilies/new/hey3.gif" class="smilie" loading="lazy" alt=":hey3:" title="Hey3 :hey3:" data-shortname=":hey3:" /></p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3311927, member: 5412"] Most companies offer a portfolio of investment opportunities along with the employers company stock. One of the companies I worked for had company stock as well as Vanguard. The company covered all transaction fees for trades, and sales. This was back in the day trading days. Went out on a limb many times sometimes trading every day or two as the company stock rose and fell like a saw blade. One just had to time it right, and if the timing was off, wait a bit and get back in. Vanguard had an investment that basically did nothing. It rarely gained, and never lost kind of like a bank savings account. It was a good place to put some money when the stock was high. Then when it dipped, jump in for a few days and sell again on the high. Did that for many years along with other employees. We made tons of money. Wife was right there as well. Eventually the Corporate folks found out what we were doing, and shut down the free trades.....except for corporate folks and officers. HEHE, my wife was a corporate officer. Life went on. :hey3: [/QUOTE]
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