(06-08-2020, 06:03 PM)jagibelieve Wrote: The thing is you didn't buy it and don't hold it... unless it's in your 401k somehow.

Meanwhile I managed to pick some shares up of Boeing when it was down to around $130 (actually got some higher than that at $163 or so earlier).  It closed today at $230.50 per share.  I did sell some off on the climb up (500 shares), but after fees I made pretty much slightly less than 1/4 of my annual salary.  I still hold several shares with a cost basis of around $145 per share.

The difference is, my shares of Boeing are probably going to climb higher over the long term.  Carnival stock... not so much.  Boeing stock will pay a dividend.  Carnival stock... not so much.

There is a difference between investing and gambling.

I was actually thinking about you as I'm watching Boeing skyrocket.  I told my neighbor about Boeing at $120/share and he was very apprehensive stating they have no backorders --- the other day, he's like HOLY CRAP !!!  Anyway, i'm only profiting off of Boeing via 401k so in a way, that does help but not to the extent if you bought directly into Boeing shares.

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