Comment by pyratestan on 06/02/2025 at 15:29 UTC

1 upvotes, 1 direct replies (showing 1)

View submission: Hard-and-fast rules

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My first ex-wife came from a family which had a successful real estate company in northern VA. Soon after we married it was shuttered, so we began receiving dispersal checks for tens of thousands of dollars 2 to 3 times a year for about six years.

We blew the first one, had a lot of fun. After that we followed the rule you mentioned. While we made a few bad investments, we hit it big with Disney and Starbucks, investing in both when they were dirt cheap (Starbucks was pre-explosion, and Disney had a few years when they couldn't do anything right). Retirement level money.

So yeah, that's a good one.

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Comment by Duck_Walker at 06/02/2025 at 15:42 UTC

3 upvotes, 1 direct replies

First stock I ever bought was Apple. It's done OK over the past 25 years I guess.