Blog Archives

Timothy Lutts Gives His Final Thoughts on Apple

January 28, 2013
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Last week, the day after Apple stock (AAPL) cratered thanks to a disappointing earnings report, we sent an email that included the phrase “We Told You So!” Was that a bit too much attitude? Perhaps. After all, no one likes a wise guy. But I wrote that line, and in the interest of taking full responsibility for it, I want to explain more fully what I was trying to communicate. The first point was that we (mainly me) had been writing for quite some time about Apple’s extreme popularity and the fact that the stock was ripe for a...

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Tim Lutts Discusses Apple (AAPL)

January 21, 2013
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About a week ago, I was talking to a friend who works at the local Apple store. It’s a part-time job for him (he has a full-time job, too), and he loves it; he’s been an Apple enthusiast for decades. And it’s got some nice perks, like employee discounts on products—though there’s a cap on how much he can buy. But the perk he was raving about is the one that allows him to use payroll deductions to buy Apple stock (AAPL) at a 15% discount. He’s putting aside 10% of his paycheck for that purpose, hoping it’s his...

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Tim Lutts Discusses The Miracle of Compound Growth

January 14, 2013
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Tim Lutts Discusses The Miracle of Compound Growth

In recent weeks, I’ve been writing a series called “Ten Stocks to Hold Forever.” You’ll find the fourth stock of the series discussed below, and background information on Ten Stocks to Hold Forever here. But first I want to spend a little time illustrating WHY holding a great growth stock forever can be smart. So without further ado, I’m proud to present “The Miracle of Compound Growth.” Imagine you start with $10,000. By following a proven investing system (mainly investing at the right time in a great growth stock and holding on) you’re able to double it, to $20,000....

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Tim Lutts Names the Third Stock to Hold Forever

January 3, 2013
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New Year’s Resolutions Every year of the past decade, I’ve made three New Year’s Resolutions. Most commonly, they involve my health and this business. And every year, I’ve kept track of whether I’ve successfully kept these resolutions (achieved these goals) or not. The tally: I’ve occasionally achieved all three in a year, and I’ve never failed to achieve at least one of the three. All told, over the decade, my record is 18 out of 30 goals, for a success rate of 60%. That’s not bad, and it’s also not a bad success rate for an investor, provided the...

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Tim Lutts Shares the Second Stock to Hold Forever

December 26, 2012
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Tim Lutts Shares the Second Stock to Hold Forever

How would you like to own this car? 1947 ROVIN D2 Or this one? 1959 SCOOTACAR MK 1 You can, if you attend the auction at Bruce Weiner’s Microcar Museum in February—and you bid high enough! Who’s Bruce Weiner and what’s a microcar? Well, you might call Bruce Weiner a bubblegum mogul. Beginning with gumball machines, the mechanically minded man acquired interests in four companies in the confectionery industry, one of which was the maker of Dubble Bubble chewing gum. Bruce grew his companies well, traveling the globe to keep tabs on factories and work new business deals. And...

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