Dell complaints

[hotrodlincoln]

This past weekend a friend and I were talking about stock, which reminded me of all of the Dell stock that I bought through the ESOP when I worked there. So I created a spreadsheet, entered in the number of shares purchased, the date, and the price paid on that date. After totaling everything up, I then compared the total value using last Friday's closing price.

My stock is now worth over $5,000 LESS than what I paid for all of it. Had I a time machine, I could go back to last October and sell it to break even (accounting for commission).

Ya snooze - Ya looze!

[Rocke_T_Sinetist]

I only lost about $800 on 100 shares over 5 years. Decided to off it the first time it rose above $30, it did, and I did.

The IRS doesn't allow for inflation in stock gains/losses, but inflation definitely impacts your personal finance. If you hold stock for 10yr and 'break even' selling it, you actually lost 10-15%.

Ampex got me on that one. It took a huge dive just after I bought it in 1969, climbing back to its original value about 20 years later when I cashed it. Fortunately it was a small amount, $700. But in 1969, $700 was 7 months' rent, and in 1989 it wouldn't even pay ONE months' rent.

So though I 'broke even', I lost 86% of the value of the money.
_________________
Rocke T Sinetist
as in, 'it doesn't take a...'