STOCK

[satellitedriver]

Originally Posted by mathematics

you're keeping it until reirement, but it's not part of your long-term portfolio? :confused1

Yep, 4yrs from now,I am going to retire.
I will have about 30k in that piggybank ,to spend like a drunken sailor.
It is just an account I created for the express purpose to be able to spend money on a whim. Just like the way I empty the coins from my pocket at days end and put them in a jar on the dresser.
The rest of my net worth has always been directed in a long term growth and income producing investments.
Dollar for dollar, I could invest it in other avenues and make a far better return.
But, I do not for the simple fact, I want to have some money earned through UPS that I can just piss off, instead of thinking only of my duties and responsibilities.
Sounds trite and selfish, but every dollar I spend of that money I will not feel guilty about.
The rest of my portfolio will take care of my obligations in the future.
PAX

[satellitedriver]

Originally Posted by yurgref

There is also one other reason to invest in stock - The ability to throw of income in the form of Dividends and UPS has a consistent history over the last 20 plus years of increasing or maintaining dividends

I still stand by my previous post the Best way to make money right now is NOT buying UPS and instead Maxing out your 401k FIRST and only after you have done that, put any extra cash into the company stock

Max out your ROTH IRA first. Max out your 401k second. Thirdly, if there is any extra cash left over, pay off as much debt as you can.
Debt is the worst poverty.
PAX

[moreluck]

S&P REITERATES BUY OPINION ON SHARES OF UNITED PARCEL SERVICE


UPS; $76.54
Chairman and CEO Mike Eskew is stepping down at the end of 2007, to be replaced by CFO Scott Davis. We would categorize the news as a mild surprise, but think there will be a smooth transition, and think Davis is a good choice. Under Eskew, UPS showed strong growth in revenues and earnings while overcoming missteps related to a shortfall in volumes during the 2005 holiday season and a salesforce reorganization in 2006. We liked Mr. Eskew's candor and communication style and expect this to continue under Mr. Davis's leadership. We maintain our 12-month target price at $89. /J. Corridore

[raceanoncr]

Originally Posted by mathematics

i took my total earned and subtracted the "deductions" and came up with an amount. then i subtracted the taxes and came up with the same net pay. this shows that despp is pre-tax.

OK. I just showed all your posts to my 9-yr old granddaughter. Why? You've already called me ignorant, (well, you said to quit spreading my ignorance around), so I thought I'd ask somebody smarter.

She figured it all up and concluded that your stock deductions are NOT pre-tax. She said that this would make horrible sense. Why? When you sell some (now or in 30 yrs as you want to) you would be then taxed on entire purchase, I.E. your 10% deducted purchase price, your dividends, your gains, your entire stock selling price at the time. WOW! Sounds good!

She also took a look at my portfolio, zeroing in on UPS. I've been in since before the IPO. When it was in the 80's, near 85, I bought at middle 70's. Where is it now? Middle 70's. IF I were to sell these certificates now, would I make anything? Not a dime! Did your wizards at school teach you about cost-averaging?

Dividends at $.42 a share, with no growth? Not good!

Yeah, I'm dumb, but I think I'll listen to this 9-yr old.

[Fnix]

Does UPS stock effect 401k growth also?

[raceanoncr]

Originally Posted by Fnix

Does UPS stock effect 401k growth also?

Nope. Entirely different.

[mathematics]

Originally Posted by raceanoncr

Nope. Entirely different.

not if you have UPS stock in your 401(k)...directly, or indirectly

[mathematics]

Originally Posted by raceanoncr

OK. I just showed all your posts to my 9-yr old granddaughter. Why? You've already called me ignorant, (well, you said to quit spreading my ignorance around), so I thought I'd ask somebody smarter.

She figured it all up and concluded that your stock deductions are NOT pre-tax. She said that this would make horrible sense. Why? When you sell some (now or in 30 yrs as you want to) you would be then taxed on entire purchase, I.E. your 10% deducted purchase price, your dividends, your gains, your entire stock selling price at the time. WOW! Sounds good!

She also took a look at my portfolio, zeroing in on UPS. I've been in since before the IPO. When it was in the 80's, near 85, I bought at middle 70's. Where is it now? Middle 70's. IF I were to sell these certificates now, would I make anything? Not a dime! Did your wizards at school teach you about cost-averaging?

Dividends at $.42 a share, with no growth? Not good!

Yeah, I'm dumb, but I think I'll listen to this 9-yr old.

I was wrong about it being pre-tax. Also, nobody put a gun to your head and made you buy company stock. if you don't like it, then sit it out and wait, or sell. the company has very good growth opportunities over the next 30 years, so i'm staying committed because, well, I'm only 25.

The wizards at school helped me learn how to make 36% YTD on my portfolio. But, hey, maybe your 9-year old daughter has a stronger intellect than me and can help you do better than that.

Anyway, I digress. My cost basis for my UPS shares is approx. $65. With the shares at 76, that's an approx. gain of 16 - 17%.

[mathematics]

actually, at $75.85 per share, my gain is 14.33% since 6/30/2006. would you like me to give you projections that include dividend increases?

[satellitedriver]

Originally Posted by mathematics

I was wrong about it being pre-tax. Also, nobody put a gun to your head and made you buy company stock. if you don't like it, then sit it out and wait, or sell. the company has very good growth opportunities over the next 30 years, so i'm staying committed because, well, I'm only 25.

The wizards at school helped me learn how to make 36% YTD on my portfolio. But, hey, maybe your 9-year old daughter has a stronger intellect than me and can help you do better than that.

Anyway, I digress. My cost basis for my UPS shares is approx. $65. With the shares at 76, that's an approx. gain of 16 - 17%.

At the age of 25, any stock you purchase, that has solid fundamentals, will serve you well over a long time frame.
I can only hope that you do not fall into the trap of quick profit and trying to time the market. 20% win that game, but 80% lose.
You are already ahead of the game, just do your research and play the long term.
Glad to see that you are working for your future.
PAX

[smf0605]

Originally Posted by mathematics

i took my total earned and subtracted the "deductions" and came up with an amount. then i subtracted the taxes and came up with the same net pay. this shows that despp is pre-tax.

Mathematics,
I know you figured out that your stock purchase isn't pretax, but neither is your UWay donation. You have pretax flex (not even all your benefits costs are pretax) and pretax on your 401(k), but that is it for pretax deductions.

[1989]

Originally Posted by mathematics

actually, at $75.85 per share, my gain is 14.33% since 6/30/2006. would you like me to give you projections that include dividend increases?

You only have potential gains...You don't have any gains until you sell...Here today, gone tomorrow.

[satellitedriver]

Originally Posted by 1989

You only have potential gains...You don't have any gains until you sell...Here today, gone tomorrow.

I like to say, ......Save today, more tomorrow.

[evoruby3]

Go for it. I'm part time also but I joined the stock program only
five years ago. Wished I'd had joined when I hired. The stock split
and I missed out. You can find more info at upsers.com.

[satellitedriver]

Originally Posted by upsgrunt

Hey Leddy,
Where's your source for that end of the world date? Just interesting to me, that's all.

The mayan calendar. A very accurate time piece carved in stone. Time stops on the calendar in December 2012.
Just my luck,
that is one week before I am eligble for retirement.
PAX

[feederdude]

Just when you think UPS is making decent moves in the news, the screw it up. Positive 3rd Qtr. results, then immediately following they announce that the 4th Qtr. is going to be the toughest in 4 years. What a terrific move to deflate the momentum they could have had.
I sold some shares yesterday because I didn't have faith in Corporate due to the fact that the stock hasn't moved in 7 years. The only thing they are concerned about is the dividend (which is not terrible) however, the ones that have the most to gain are division managers and above...they have options and big shares due to the $$$$$ they are pulling down. Well I was proven wrong at the opening of the trading day, when OUR stock was up big, then following the typical momentum block, they come out with the 4th Qtr. projections. Don't ya think they could have have waited for the positive news to sinl in, but NO, UPS can't allow anyone in the company to feel good about what they have accomplished.
In the end I'm glad I put some $$$$ on the sidelines. And this pains me to do this, I usually try to talk people out of shedding shares.
I through ranting, now I'll go count my pennies.
Feederdude

[terry mac]

Dave Ramsey would tell me to unload all the stock in ups, buy long term mutial funds with a track record of at least 5 years. I keep hearing him say this in my mind, as Ive heard him say that for years. Maybe Ill start out selling half of ups stock? I felt I had to write that down somewhere, no pen handy................

[BigBrownSanta]

Stock price today (Nov 11) is $70.71. The analysts are predicting a 12 month increase to $89. $18 in 12 months is a big jump. 26% to be exact.

Also, concerning the company's recent announcement to buy back $2 billion of company stock...

Are Stock Buybacks a Good Deal?

http://stocks.about.com/od/understan...buyb122204.htm

"Conclusion
Stock buybacks can be great for stockholders if done because that is the best use of cash and the price is right. However, watch out of financial slight of hand that seeks to cover up weak ratios or poorly managed employee stock option plans. "

Are they making a good decision or just covering up numbers?

[Dfigtree]

<<The analysts are predicting a 12 month increase to $89. $18 in 12 months is a big jump.>>

After the tech wreck of 2000-2003 you stil believe in analyst?

Maybe you did not mean the Analysts. Maybe you meant the Easter Bunny or perhaps the grand man himself, Santa.

Sell your stock and diversify. That is the best advice you are ever going to get.

[peacock71]

Good advice Mr. Tree!

Its OK to love UPS and not love UPS stock. A stock is a stock.

Go UPS!
P71

[BigBrownSanta]

I am in no way saying the analysts are right. I was saying that for UPS stock to get to $89 is a pipedream. UPS stock hasn't made anywhere near 26% in any 12 month period.