SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roger Hess who wrote (3424)1/18/2000 11:03:00 AM
From: Drake  Read Replies (1) of 6531
 
Roger, I did basically the same thing for my grandchildren this last Christmas -- I gave them each a share of my QCOM, which I consider to be a 'long term holding', and told them to watch it in the newspaper each day -- that they had to hold it at least one year, and after that they could call me at any time to cash it in.

I plan to do the same thing each Christmas -- except I will give them shares of different 'long term holding' stocks -- thus, hopefully, each of them building a portfolio.

I'm sure they will make some mistakes along the way, by selling some shares -- but, that's how they will learn that 'buying and holding for the long term' is the way to go (imo).

I really admire what you have done for your son -- a wonderful example for others.

Wishing you well,

dc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext