What are your Investment Rules?

[kiora]

"I believe sustained market success begins, not with buying or selling stocks based on rumours, hunches or macroeconomic headlines, but with thinking like an owner of a business."
https://www.livewiremarkets.com/wire...term-investing
"Market noise amplifies those two great investing emotions: greed and fear. We punt on low-quality companies hoping to make a quick buck and sell high-quality companies because we did not realise the rising share price was following the company’s rising intrinsic value. "

[kiora]

Investing in companies with great culture is rewarding
""culture eats strategy for breakfast""
https://businessdesk.co.nz/article/b...7d6e-446239310

[Jiggs]

I buy shares in NZ companies because I know about them. In 2022, with the news that banks were raising their interest rates, I figured almost all NZ trading company prices would start going down, so I changed to shares in banks, and to the biggest NZ outfits with a steady monthly income, Contact Energy, Spark and Chorus. I sold them all when prices started plunging in autumn, then bought them all again at the beginning of winter when they looked stupidly low-priced (except I forgot to re-buy Chorus!!!!)
This share package of mine is still worth about the same, but I am getting enough from the 5% dividends most of them pay to keep the local rescue helicopter in the air for a few minutes each year.

[kiora]

"Buying and managing real estate is more of a business than it is an investment, and Buffett knows that his time is better spent choosing companies to invest in than it is running a real estate business.

Real estate is a business with incredible profit potential, but it’s important to realize that it’s a business and not a passive investment. Many individual investors get into real estate with the misconception that it will be a source of passive income, and most eventually exit those properties once realizing what they’ve gotten into.

The returns realized through owning real estate are a direct result of the time, energy and money that goes into it. While that business has been the source of many great fortunes over the years, it’s just simply not a business that makes sense for most people."
https://finance.yahoo.com/news/warre...210038043.html

[kiora]

"He says buying at the right price is critical.

“I’ve always believed that there’s limited point in buying a dollar for a dollar,” he says. “That’s not going to move me very far ahead.”

That means he has to know how to make an asset worth $2, or buy it for 50 cents.

He tackles big purchases through leveraged buyouts, borrowing against steady cash flows."
https://www.stuff.co.nz/business/128...se-of-commerce

[kiora]

"5 habits people with near-perfect credit scores have"
https://finance.yahoo.com/news/5-hab...210726854.html

[kiora]

"Let your winners run: “In August 1994 … Berkshire completed its seven-year purchase of 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire. The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays."
https://www.livewiremarkets.com/wire...-annual-letter

[iceman]

"Let your winners run: “In August 1994 … Berkshire completed its seven-year purchase of 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire. The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays."
https://www.livewiremarkets.com/wire...-annual-letter

A great example of letting your winners run. A good example of a winner on our NZX is MFT, which is never regarded as a dividend stock. But the other day I worked out how much I have been paid in dividends on the first lot of MFT shares I bought in 2006 at $ 4.25 and have held ever since. The dividends paid in these 16 years add up to $ 5.9561 per share and 2022 alone saw dividends of around 18% on the original purchase price. Given the huge capital gains as well, the compounding nature of stocks like this is just incredible and something I believe many newbies underestimate.

[Bjauck]

A great example of letting your winners run. A good example of a winner on our NZX is MFT, which is never regarded as a dividend stock. But the other day I worked out how much I have been paid in dividends on the first lot of MFT shares I bought in 2006 at $ 4.25 and have held ever since. The dividends paid in these 16 years add up to $ 5.9561 per share and 2022 alone saw dividends of around 18% on the original purchase price. Given the huge capital gains as well, the compounding nature of stocks like this is just incredible and something I believe many newbies underestimate.

MFT’s thread has 128 pages of posts compared to OCA’s 1488 pages (as at time of writing.) I sometimes wonder whether the success and performance of company is inversely proportionate to the number of posts on Sharetrader Boring is good.

[stoploss]

MFT’s thread has 128 pages of posts compared to OCA’s 1488 pages (as at time of writing.) I sometimes wonder whether the success and performance of company is inversely proportionate to the number of posts on Sharetrader Boring is good.

Yes I think it is.