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Thread: Dow 27K

  1. #71
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    Again, on a lighter note:

    AAPL spent $62.9 billion on stock buybacks this year using POTUS money from the tax overhaul.
    At the present time that is worth $53.4 billion.

    It is comforting to know the technologists are no smarter than the average person, & maybe even
    less so, when they get outside their area of expertise.
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  3. #72
    Senior Member Buzz's Avatar
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    Quote Originally Posted by Marvin S View Post
    Again, on a lighter note:

    AAPL spent $62.9 billion on stock buybacks this year using POTUS money from the tax overhaul.
    At the present time that is worth $53.4 billion.

    It is comforting to know the technologists are no smarter than the average person, & maybe even
    less so, when they get outside their area of expertise.

    I owned roughly 1300 shares of AAPL and reduced that significantly. I was very frustrated to see money spent on buybacks instead of being used for dividends. Let me decide what to do with the money.
    "For everyone to whom much is given, of him shall much be required." -- Luke 12:48

    Raven - Moneybird's Black Magic Marker***
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    Mick - Moneybird's Jumpin' Jack Flash***
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  4. #73
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    Quote Originally Posted by Buzz View Post
    I owned roughly 1300 shares of AAPL and reduced that significantly. I was very frustrated to see money spent on buybacks instead of being used for dividends. Let me decide what to do with the money.
    Once the mutual funds we do own reach a certain value we withdraw all gains as I
    feel I can probably time the investment & sector better than they.
    __________________________

    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    Skills can be taught. Character is either there or it's not!

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  6. #74
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    Nice to know that AAPL has $130,000,000.000 set aside for a rainy day.
    Keep buying those overpriced toys .
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    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    Skills can be taught. Character is either there or it's not!

  7. #75
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    & very quietly them Dow slips through 27K, the S&P is banging 3K & nasdaq is over 8K
    all while having Boeing tkae over 400 points off the Dow & business struggle with a supply
    chain that features buying stuff from a country that hates us.

    It's not BHO's fault as a recent WSJ article pointed out. Wage gains under the present POTUS
    outpace those of the previous POTUS anywhere from 1 to 2% depending on sector. Folks who
    work seem to do best!
    __________________________

    Marvin S

    Everyone's friend is No One's friend

    Someday your life will flash before your eyes. It's your responsibility to make sure it's worth watching!

    Skills can be taught. Character is either there or it's not!

  8. #76
    Senior Member Richard Reese's Avatar
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    Quote Originally Posted by Marvin S View Post
    & very quietly them Dow slips through 27K, the S&P is banging 3K & nasdaq is over 8K
    all while having Boeing tkae over 400 points off the Dow & business struggle with a supply
    chain that features buying stuff from a country that hates us.

    It's not BHO's fault as a recent WSJ article pointed out. Wage gains under the present POTUS
    outpace those of the previous POTUS anywhere from 1 to 2% depending on sector. Folks who
    work seem to do best!
    Where's the nay sayers on this one? We'll wait for them to figure out how they can bash an economy that's booming. A wage growth thats out pacing the last administration and an unemployment rate thats the lowest in 40 years or more.
    Fishing, hunting, golfing, traveling and relaxing is life's reward after meeting your goals and retiring.

  9. #77
    Senior Member Matt McKenzie's Avatar
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    This economy is only benefiting the rich!






    But of course compared to the rest of the planet, almost everyone in the US is rich.
    Matt McKenzie

    "Thinking is the hardest work there is, which is probably the reason why so few engage in it." Henry Ford

  10. #78
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    Its been a good 10 year run.

  11. #79
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    Quote Originally Posted by mngundog View Post
    Its been a good 10 year run.
    Is it over?
    john mccallie

    cornbread and ice tea 's took the place of pills and 90 proof

  12. #80
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    Quote Originally Posted by roseberry View Post
    Is it over?
    I hope it's just beginning, I would love to see Clinton type numbers.

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