I just lost over $200
@AbbyGreenhill (45494)
United States
January 17, 2017 9:33am CST
Many years ago I was given a few shares of J & J stock. Over the years I allow the dividends to be reinvested. The stock has split a few times, I've made money, I've lost money.
I pay attention to this since its really the only stock I own. The stock has been steadily increasing little by little. I got my report a few minutes ago and for the first time in a long time my investment money dropped. Not be a few pennies, but by well over $200.
Is there a correlation that in the last quarter a new president was elected? It may be time to sell if continues in this quarter.
photo: pixabay.com/en/business-stock-finance-market-1730089/
18 people like this
20 responses
@LadyDuck (471459)
• Switzerland
17 Jan 17
If you check the analyst opinions you will find some with "irrefutable reasons to sell" while others will suggest even to buy more. JNJ has been a good stock to own for many years. Right now you can find companies with better growth opportunities and that also pay higher dividends, like Medical Properties Trust (MPW) that pays a yield of 7.44%. MPW is a REIT and those companies are legally obliged to returning at least 90% of its net income to shareholders in the form of dividends.
4 people like this
@AbbyGreenhill (45494)
• United States
17 Jan 17
If I sold I wouldn't buy any stock. The only reason I have this is because my father game it to me many years ago.
2 people like this
@LadyDuck (471459)
• Switzerland
18 Jan 17
@AbbyGreenhill I keep my REITs because they pay a high dividend, I bought them many years ago, before the market went up so much. They have kept their value, but I am not interested to sell them, I want to continue to cash the dividends every 3 months.
@AbbyGreenhill (45494)
• United States
18 Jan 17
@LadyDuck My dividends are reinvested into more shares.
1 person likes this
@JohnRoberts (109846)
• Los Angeles, California
17 Jan 17
W#hat type of company is J&J? The stock market has exploded up since the election.
3 people like this
@AbbyGreenhill (45494)
• United States
17 Jan 17
Johnson and Johnson - Pharmaceutical
2 people like this
@Asylum (47893)
• Manchester, England
17 Jan 17
A falling market value does not always constitute an actual loss because the stock still represents the same amount of the company. If the financial markets reflect badly but the company business continues as usual, then the loss is purely on paper, unless you sell the stock.
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
When I see a $200 difference, it's real to me LOL!
1 person likes this
@Asylum (47893)
• Manchester, England
17 Jan 17
@AbbyGreenhill I have known many people to get excited when the price rises and then feel devastated when it falls.
@AbbyGreenhill (45494)
• United States
17 Jan 17
@Asylum I don't get excited when it goes up since it only goes up by pennies...
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
I can sell, but I wont buy any other stock. I don't care for the stock market, not my thing.
@AbbyGreenhill (45494)
• United States
17 Jan 17
@sugartoes How was I to know it was going to drop. It was going up for years.
1 person likes this
@fishtiger58 (29820)
• Momence, Illinois
17 Jan 17
My stocks alway go up and down, I don't understand it but thankfully my stock guy does. He has consistently made money for me. Right now I am watching my ATI stock closely it should skyrocket soon.
2 people like this
@AbbyGreenhill (45494)
• United States
17 Jan 17
Since I'm not a gambler /////// all of our investments are in things that I can never lose money in. This is just the odd ball that I have. We have a financial team we work with at the bank that takes care of it all.
1 person likes this
@fishtiger58 (29820)
• Momence, Illinois
17 Jan 17
@AbbyGreenhill I have to have the stock guy I get the up and down of the stock prices but that's pretty much it.
@AbbyGreenhill (45494)
• United States
17 Jan 17
@fishtiger58 I don't play the market, our money is invested in safe things that are guaranteed not to go down.
1 person likes this
@AbbyGreenhill (45494)
• United States
19 Jan 17
I have had this for 24 years so far the news hasn't hurt it until now!
1 person likes this
@mysdianait (66009)
• Italy
17 Jan 17
I think that playing the stocks and shares market is about the same as gambling... you lose eventually 
@mysdianait (66009)
• Italy
17 Jan 17
@AbbyGreenhill Okay you were given them but at some point you could have withdrawn them I presume?
@AbbyGreenhill (45494)
• United States
17 Jan 17
@mysdianait what do youmezn withdraw them?...do you mean sell them?
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
I don't play ... this is my one and only stock and I didn't buy it. Up until now I wasn't near a loss.
1 person likes this
@katsmeow1213 (28716)
• United States
18 Jan 17
I don't own any stock.. but I've been thinking about it.. I'm just not sure how to go about it and how much money I need to get started. I'd really just like to buy 1 share of stock in something that will slowly increase over time.
@katsmeow1213 (28716)
• United States
19 Jan 17
@AbbyGreenhill I work at one actually and am still clueless how to begin
@AbbyGreenhill (45494)
• United States
19 Jan 17
@katsmeow1213 I am sure you can find lots of information online as to how to get started. Ask your friend is anyone can help?
@AbbyGreenhill (45494)
• United States
19 Jan 17
Buying one share of stock probably isn't easy as they are usually sold in blocks. I don't know but I would assume you have a bank and someone there who could advise you?
@Bluedoll (16773)
• Canada
17 Jan 17
@AbbyGreenhill That stockmarket is a real trickster. I've never use it though. Now if people buy more they will really have an investment if it eventually goes up? And they don't fall asleep at the wheel.
@AbbyGreenhill (45494)
• United States
17 Jan 17
@Bluedoll True, buy low sell high is the way to go. It's still a good price so I'm not worrying about it.
@AbbyGreenhill (45494)
• United States
17 Jan 17
I think it will, J and J has been around too many years for anything serious to happen.
1 person likes this
@PatZAnthony (14749)
• Charlotte, North Carolina
17 Jan 17
As it was given to you, did you really lose money, or is it back to the original value?
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
On paper I lost money - I don't remember what it was worth 24 years ago.
@KristenH (33385)
• Cuyahoga Falls, Ohio
17 Jan 17
Yikes! That's a big drop. I had Fidelity stock for a couple of years. Last year, I cashed out my stock and put it into savings. My mother, aunt and grandfather had stock, too. But it wasn't cashed out, because of probate, and other stuff. Maybe it's a good idea.
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
@KristenH This is not the end of the world...it was just a shock to see a loss....all's well with the world.
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
I will wait another quarter and see what it does.
1 person likes this
@KristenH (33385)
• Cuyahoga Falls, Ohio
17 Jan 17
@AbbyGreenhill Good idea. I waited until last spring, when it ticked up a notch. I think i had over $400 at the time to transfer it into money.
@JudyEv (340216)
• Rockingham, Australia
18 Jan 17
It's hard to know what's best with stocks and shares. That is a fair amount to lose.
@AbbyGreenhill (45494)
• United States
18 Jan 17
It will go back up I am sure. I don't mess with the stock market, these were a gift which is the only reason I have them.
1 person likes this
@AbbyGreenhill (45494)
• United States
18 Jan 17
@JudyEv This stock is the only thing I take care of, everything else is handled by the investment team at the bank.
1 person likes this
@JudyEv (340216)
• Rockingham, Australia
18 Jan 17
@AbbyGreenhill We have a financial advisor who looks after our few shares. We don't really have a lot either but they are part of our superannuation plan.
@ElusiveButterfly (45940)
• United States
17 Jan 17
I do not own stock, nor do I ever want to. If I were ever gifted stock I would try to sell it before it could do anything and then I wouldn't have to worry.
@ElusiveButterfly (45940)
• United States
18 Jan 17
@AbbyGreenhill oh of course Mr. Taxman will want his fair share too! That's the way it always is. But, like you said, you didn't pay for it so it is all good!
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
I have had this 24 years and this is the first time it lost. Since I didn't pay for it, whatever I get is free money - oh, I will have to pay tax on it of course.
1 person likes this
@celticeagle (167015)
• Boise, Idaho
18 Jan 17
They are saying that there is a correlation. People getting nervous and all I guess.
@celticeagle (167015)
• Boise, Idaho
18 Jan 17
@AbbyGreenhill .....He just want to mess--period. A real piece of work if you ask me.
@AbbyGreenhill (45494)
• United States
18 Jan 17
Considering he wants to mess with healthcare pharmcos are nervous too.
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
My money is safe and secure in things not associated with the stock market. I lived an hour from Atlantic City for many years and only went once and blew $25 that was my gambling
@AbbyGreenhill (45494)
• United States
18 Jan 17
All things considered, since I didn't buy them I really didn't lose any money.
1 person likes this
@AbbyGreenhill (45494)
• United States
18 Jan 17
Thanks, it's not a big deal really.
1 person likes this
@AbbyGreenhill (45494)
• United States
17 Jan 17
Welcome to myLot - it takes a while to get going...keep interacting...
1 person likes this
