General Discussion

Since I was already traveling like a whirlwind for my job, I hardly paid any attention to any such advice from a broker. But this one time I did. I bought 1000 shares of Texas Instruments at $54. In the first eight years, it split two-for-one three times, so now I had eight thousand shares. It went up to over $75, but during the Cheney-Bush recession of 2008, it went down to $20. I asked the (now new) broker if I shouldn’t buy more? She said no, too many eggs in one basket. Great advice THAT was, right? It’s now over $300. At least I kept the rest. Like I said, I paid little attention to this game. I pay even less now. There seems little sense in selling for a big profit when well over half of it will be gobbled up by two different governments. I’m better off leaving it to my NY-based daughter, who would only be taxed once on it. My Germany-based daughter has made so much money already that she doesn’t want anything from me anyway (she, or her kids, will get some despite that), since she has probably already made more than I ever will.