Two hours talk: IBM retired engineer as an investor

 Sept. 27, 2020

Introduction

GE has 20 billion pension liability. Same as IBM, a lot of retirees have pension plan with IBM. I like to take some notes and the look into more carefully later as an investor. Because of privacy, I do not know too much detail about IBM retired engineer and how he invests stock market. 

Highlights 

Here are some highlights:

1. Buy square stock, went up 200%, but miss another 100% gain. Total 300% gain
2. Watch CNBC 4 PM eastern time analyst TV show
3. Follow Jim Cramer's purchase, paid service. There is price up after Jim Cramer's purchase
4. Do not purchase oil stock
5. Do not do day trading, work on long term
6. There is pullback at the end of October
7. Diversification - 401 K, and individual stocks as well

Questions he asked me: 

1. Why do you like to purchase oil stock?
2. Why do you like to do short term trading like day trading?
3. Why do you like to gamble on short term - investing on stocks? 
4. ...