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Monday, January 7, 2008

My Number One Goal For 2008

By the end of 2008 I want to own (1) One Share of Berkshire Hathaway B Stock, just one share. The B Stock is much cheaper (about $4,000) right now. The Berkshire Hathaway A Stock is currently trading at $133,000 per share, it lost $1,800 today, which is why I am electing the B Stock......which only lost $112 today.

So at $400 per month for 12 months, by December I would own (1) Share of Berkshire Hathaway Corp Stock B.

There are many reasons for wanting this particular stock, mainly because Warren Buffet is one of my heroes, but mainly because Warren Buffet and Berkshire Hathaway will be around a long time and more than likely will eventually pay dividends on their stock, probably after WB passes away. So at 26 years old, by the time I'm 30, my (1) share of Stock B should be would about $7,000 or more according to a 5 year statement I found on MSN.

Why am I posting this rather than my normal Cooper Photos, I thought maybe some of my "Family" would find this interesting enough to want to kick in together and help me buy a share of Stock A currently trading at $133,000.......any takers.

Stocks & Mutual Funds are more of a set it and forget it, you know like the Showtime Rotisserie. Could you handle losing $100 a day for 7 straight days or better yet, losing $1,800 a day for 7 days......or more.....I know two people who will read this will probably say NO, but I lack faith in those two people's investment advice anyway, considering these two people told me I was nuts for wanting to buy Google at the IPO price of just over $100......which I was stupid enough to listen to them, that's another long story, but lets just say it cost me a fortune the day it hit $400 per share. And you know who you are!!!!!!!!!!!! And no I don't forget anything.

So, my first official GOAL for 2008 is to acquire my first of many shares of Berkshire Hathaway Stock B.

Its not your typical goals or resolutions people would list but currently I don't need to lose weight, I'm not ready to quit smoking, and I have a job I like. So the traditional goals/resolutions that people come up with do not apply to me, so I had to create my own.

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