I loved basketball in the 1980s and the Celtics were my favorite team. Loved Larry Bird. Anyway, my Dad got wind of a stock put out by the Boston Celtics. I forget how much I put into it but I think it was enough for 50 shares. I bought it and then received a cool green stock certificate in the mail. I held this for a long time and I think when the Limited Partnership failed it offered to buy my shares. I sold them at the vastly reduced rate but I think I sold them through D.A. Davidson without having to bring in the certificate. Anyway, I kept the certificate in my file cabinet for a long time and am sure I still have it somewhere. I was obviously a “Limited” partner who lost a lot on this stock too.
Sears
Sears was my first investment. Must have been in the early 1980s or so. I was interested in investing from an early age and my Dad recommended I buy Sears. Every Sunday I would be excited to open the Great Falls Tribune and look to see if the price went up… or down. Unfortunately this one went down to almost nothing. I don’t recall if I sold it or my Dad called the broker on my behalf but it was a nice big loss.
Why?
I am writing down my thoughts so that I can clarify my thinking.
Most of my thoughts will center around investments and other ideas to hopefully navigate the future better.