Before I forget here is a shot of one of the baby birds with its mouth open. Isn't it cute? Top picture was taken today (7/10). The bottom one taken 7/5. I'm sure hoping that all 4 hatched and are alive, but I do not know. I don't want to mess with the nest that much to find out.
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I have a short story about investing that I was told. One day about 44 years ago, a man was standing in line at the bank and he overheard the lady in front of him. She had in her hand some stock shares that she wanted to cash in. The bank teller told her she would have to go to a broker in order to do that and the woman was quite perplexed. The man behind her asked her what stock she was interested in cashing in. It was Heinz stock and she wanted $200 for it, the going market rate at that time.
The man told her he'd buy it from her and the teller told her they could handle that type of transaction as long as an officer of the bank handled the transfer. They waited for a bank officer and then completed their transaction. The lady got the money she wanted and the man left the bank that day with stock in Heinz he never had before. The stock split, and increased in value and split again, on and on for years. The dividends at first were reinvested, but the last 10 years, the man decided to get paid for the dividends to supplement his income. Then after owning 44 years, he was forced to sell his stocks in Heinz as the entire company was being acquired by an investment group. That $200 piece of paper grew to be worth over $40,000!! That man was never happier that he went to the bank that day back 44 years ago! That is fantastic to me! It sure gets me thinking I need to start saving more for retirement and I don't even have anywhere near 44 years for it to grow.
It is going to be another hot evening tonight. Sure glad I got my walk in early in the morning. I'm off to go turn on the air conditioning.
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