The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Is Patience a Virtue? Date:  1/14/1999  3:29 PM
Author:  BobSch Number:  7837 of 102398

Does it irk you that $1000 doesn't even buy *10* shares of MSFT, or *3* shares of YHOO, for that matter? $1K is a lot of money... well, maybe more so for those of us who are just starting out. Maybe it would be better to think in these terms: $1000 would buy 20 shares of G at $50.


As Zebfool said, It's not the number of shares, it the growth that matters. Now that the discount brokers have ended the even-lot strangle hold and commissions are in the $8-$30 range rather than $100 or more, buy what you can afford, sit back and watch it grow.

I'm waiting for the day I can by 4 or 5 shates... of BRKA (at $65,000 each.)

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us