What Is Your Longest-Held Investment?

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Fishing50
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Re: What Is Your Longest-Held Investment?

Post by Fishing50 »

IWB (Russell 1000) 3/31/2003
1yr from military pension. 80 equites / 20 bonds for life, ZERO emergency fund, 100% taxable in equities (dividends in cash), 33% taxable, 30% Roth, 37% tax deferred. | Gone Fishing At 52yrs old!
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Kenkat
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Re: What Is Your Longest-Held Investment?

Post by Kenkat »

Vanguard Intermediate Term Tax Exempt, 1994
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mhc
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Re: What Is Your Longest-Held Investment?

Post by mhc »

My first investment was 10 silver half dollars I bought during the silver boom of the 1970s. I was just a kid. I remember hearing how much silver was going up, and I got my dad to buy them. Of course, I paid for them. I still have them packed away somewhere. I doubt the return has been very good.
Johm221122
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Re: What Is Your Longest-Held Investment?

Post by Johm221122 »

S&P 500 in some form since 1999
Extended Market and international explorer since 1999
A 401(k) account that is now a roll over IRA that was matching a dollar for dollar unlimited since 1999
U.S. series I savings bonds since 2000
stocknoob4111
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Re: What Is Your Longest-Held Investment?

Post by stocknoob4111 »

VOO acquired Jan 2018 is my oldest holding in my taxable.. my retirement accounts have been rolled out/in many times so don't have any old positions
Last edited by stocknoob4111 on Fri Jun 18, 2021 9:53 am, edited 2 times in total.
DetroitRick
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Re: What Is Your Longest-Held Investment?

Post by DetroitRick »

T Rowe Price New Horizons (symbol PRNHX), originally purchased February 1996.
quantAndHold
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Re: What Is Your Longest-Held Investment?

Post by quantAndHold »

VFIAX, sometime in the 90’s.
Yes, I’m really that pedantic.
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TxFrog
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Re: What Is Your Longest-Held Investment?

Post by TxFrog »

Paper I-Bonds from 2014 in my safe deposit box.
SueG5123
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Re: What Is Your Longest-Held Investment?

Post by SueG5123 »

Wellington, purchased in 1987 just days before “Black Monday”!!!
heyyou
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Re: What Is Your Longest-Held Investment?

Post by heyyou »

About 1980, my employer offered a new retirement investment thingy named "401k", that offered the provider's (State Street) in-house S&P 500 fund. The 401k had a higher investment limit than the annual $2000 his and hers IRAs of that period, but we could do both. Yes, I had to migrate the funds from State Street to VG when I retired, but the money was reinvested into the same index.
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Artful Dodger
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Re: What Is Your Longest-Held Investment?

Post by Artful Dodger »

Apple since the early 90s. I held various amounts up until the time I transferred my investments to Fisher in 2008, but my wife still held shares in a spousal IRA I'd set up for her, so in the family since the early 90s.
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cos
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Re: What Is Your Longest-Held Investment?

Post by cos »

UPRO since 2019, around the time I discovered Bogleheads.
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nedsaid
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Re: What Is Your Longest-Held Investment?

Post by nedsaid »

American Century Select Investor shares, first purchased on July 16, 1984. Haven't added to it for many years since it is in a taxable account and this fund is not very tax efficient. I have been taking capital gains and dividend distributions in cash for years.
A fool and his money are good for business.
LeftCoast
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Re: What Is Your Longest-Held Investment?

Post by LeftCoast »

MSFT shares purchased in 1995. My split-adjusted basis is about $5 per share. The stock closed today at $259. Over the years I've sold over half of my shares to fund various other investments, and in retrospect every sale was a mistake. These days I stick to buying VTI.
UpperNwGuy
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Re: What Is Your Longest-Held Investment?

Post by UpperNwGuy »

The Vanguard Total Stock Market Index Fund (VTSAX). It's the core of my portfolio.
Dottie57
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Re: What Is Your Longest-Held Investment?

Post by Dottie57 »

I’ve held vanguard SPP500 for o 20 years in 401k.
WyomingFIRE
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Re: What Is Your Longest-Held Investment?

Post by WyomingFIRE »

TSP G Fund, April 1987

We were first in the market in 1986, but my historic records aren’t so good.
Candor
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Re: What Is Your Longest-Held Investment?

Post by Candor »

I Bonds from 2003.
Time is your friend, impulse is your enemy. - John C. Bogle
Nummerkins
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Re: What Is Your Longest-Held Investment?

Post by Nummerkins »

Looks like the oldest I have right now is Tesla from 2012 and VTI from 2015. I've changed my index funds a bit and moved stuff around so none of them are particularly old.
Today's high is tomorrow's low.
slyboots
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Re: What Is Your Longest-Held Investment?

Post by slyboots »

Autozone. Bought in 2006. No better example of a slow-motion LBO. Original purchase price was about $95/share and I paid almost $10,000 for 100 shares, which seemed like a big commitment at the time. Now, 15 years later, it's trading for $1,386, which is a near-20% IRR over 15 years and that position alone represents well over a year of living expenses. The power of compounding.

In case you suspect I am a genius at picking investments, I will point out that at various points I also owned Sears Holding, Loews Corp, and the ill-fated Legg Mason Value Trust. Overall long-term IRR from investments since 2003 is about 9% which I will very happily accept. Almost everything is BH now except for a few fun side bets (e.g. Carnival Cruise Lines when it became clear that Covid vaccines were going to work).
pasadena
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Re: What Is Your Longest-Held Investment?

Post by pasadena »

VTSAX (those shares were bought as VTSMX and converted to Admiral at some point, I don't remember when) and VBTLX since 7/2016.
MarkNYC
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Re: What Is Your Longest-Held Investment?

Post by MarkNYC »

Berkshire Hathaway shares, bought in 1990.
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celia
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Re: What Is Your Longest-Held Investment?

Post by celia »

Couldn't tell you without digging out some old paper forms from before the internet (ie, online) existed. I've been at Vanguard about 40 years.

But I did inherit some company-held stock that was issued before I was born and still hold some of it in a Vanguard brokerage account now.
River in Sight
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Re: What Is Your Longest-Held Investment?

Post by River in Sight »

30 shares of MSFT I bought at 28.41 a share in August 2004 with earnings from my summer job. Up around 800% now. Wish I’d bought more.
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chris319
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Re: What Is Your Longest-Held Investment?

Post by chris319 »

In the spring of 1980 Hollywood was all abuzz over The Empire Strikes Back, so 25-year-old I bought $1,000 worth of 20th Century Fox stock. A few months later it shot up because Kirk Kerkorian and Marvin Davis were vying to buy the studio. I made like 50% on my money. The shares were tendered and I held nothing, so now what? My dumb broker at Merrill Lynch on Hollywood Boulevard put me in African gold-mining stocks (what-ev-or!). I didn't know what the Sam Hill I was doing. At the time I must have equated stocks with lottery tickets (California didn't have a state lottery at the time) and that the idea was to strike it rich with the right stock. Instant gratification.

Of the stocks that were available in mid 1980, I've looked at GE, IBM, KO, GM, DIS. A buddy turned me on to mutual funds and I remember looking at the Vanguard index fund at the time, but the virtues of index funds were not well known at the time.

The one stock I wish I had bought in mid 1980 is an old-fashioned, low-tech railroad: Union Pacific. It's done better than VFINX in that time. If I had put every dollar I ever invested into UNP, I would be a wealthy man today.

If I had waited until December of 1980 I could have bought shares of AAPL. I don't even want to think about it. It's ironic because as kids we used to ride our bikes past Steve Jobs's house every day on the way to school in Palo Alto. Who knew?
The only person you have to please in life is yourself.
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Third Son
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Re: What Is Your Longest-Held Investment?

Post by Third Son »

Abbott laboratories since 1985. The stock split three times. Once ABT split off Abbvie (ABBV) in 2013 I have had shares as well. They helped put my four kids through college.
"A part of all you earn is yours to keep" | | -The Richest Man in Babylon
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racy
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Re: What Is Your Longest-Held Investment?

Post by racy »

One share of Berkshire Hathaway purchased after Black Monday in 1987 for around $3000.
VanGar+Goyle
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Re: What Is Your Longest-Held Investment?

Post by VanGar+Goyle »

What is your longest-currently-held investment? IOW, what investment that you currently hold have you held longest?
For me it's QLD, the 2x NDX fund which I've held since 4/17/2017, over 4 years. I have no intention of selling it.
I have owned a stock since age 2 ( UGMA ) that is currently in the Dow Jones index,
through dividend reinvestment, many stock splits ( basically one a decade ), spin-offs, and stock market crashes.

I also have no intention of selling it, as the Cost Basis is complicated, over 98% of the value is LTCG,
annual dividends are more than original cost, and it will be donated to charity.
Well, you pay a little bit, we're a little bit tough. | You pay very much,very much tough. | You pay a too much, we're too much a tough. | How much you pay? ... Well, then we're plenty tough. - Marx
Escapevelocity
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Re: What Is Your Longest-Held Investment?

Post by Escapevelocity »

50 shares of Costco purchased in 2006. Up 631%.
Nate7out
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Re: What Is Your Longest-Held Investment?

Post by Nate7out »

chris319 wrote: Thu Jun 17, 2021 6:39 pm What is your longest-currently-held investment? IOW, what investment that you currently hold have you held longest?

For me it's QLD, the 2x NDX fund which I've held since 4/17/2017, over 4 years. I have no intention of selling it.

After the dot-com boom went kaboom, I had a system for trading individual stocks which was thoroughly backtested. I was being scientific about it and had a system all worked out using a subscription service. I traded the system religiously every Sunday night but the results were dismal. The system backtested well but it just didn't hold up in real-world trading, so I eventually ditched it. I became a buy-and-hold man and have never looked back.

Leveraged ETF's have done well for me, but I'm still playing catch-up to cover my dismal post-boom performance.
VTSAX from 2001. 20 years. (They were bought as VTSMX, later converted to VTSAX)
10 percent
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Re: What Is Your Longest-Held Investment?

Post by 10 percent »

Paper I / EE savings bonds from 2006....during military payroll savings plan
BogleBoogie
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Re: What Is Your Longest-Held Investment?

Post by BogleBoogie »

For me, it would be my education and baseball cards.
chem6022
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Re: What Is Your Longest-Held Investment?

Post by chem6022 »

VTI from 2002 is my longest held. I swapped into VTI from QQQ after having put a small inheritance into my first index fund the first week of March 2000. Yeah... Ouch! After experiencing an -80% real life drawdown I held on somehow but decided more diversification whenever prudent might be a good idea.
trueblueky
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Re: What Is Your Longest-Held Investment?

Post by trueblueky »

The Thrift Savings Plan for federal employee began April 1, 1987. The only fund at the time was G Fund. I still have some of that.
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Dale_G
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Re: What Is Your Longest-Held Investment?

Post by Dale_G »

Until recently, Vanguard Prime money market - 1982
Volatility is my friend
Broken Man 1999
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Re: What Is Your Longest-Held Investment?

Post by Broken Man 1999 »

Broken Man 1999 wrote: Fri Jun 18, 2021 8:20 am I bought 10 uncirculated silver dollars, years 1879-1888, when I was 12 or 13 years old. So, somewhere around 55 years. $23.50 for the 10 coins. I haven't priced them in years.

For Vanguard holdings it would be Total Stock Market Index bought in 2011. Started as mutual fund, now held as ETF.

My first Vanguard holding was Target Retirement 2025, purchased in 2003 when I rolled over my 401K plan from Fidelity. I switched out of the Target Retirement 2025 in 2011, to cut the ERs by buying the component pieces.

Broken Man 1999
Whoops, forgot I-bonds purchased in 2000 and 2001. Purchase price $57,350. Current price $172,820. I coulda, shoulda bought I-bonds every year afterwards, but I didn't. Dumb, dumb, dumb.
“If I cannot drink Bourbon and smoke cigars in Heaven then I shall not go." - Mark Twain
chuckb84
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Re: What Is Your Longest-Held Investment?

Post by chuckb84 »

If going by fund, several of the TSP funds. If going by category, the S&P 500 in various guises.
pseudoiterative
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Re: What Is Your Longest-Held Investment?

Post by pseudoiterative »

chris319 wrote: Sat Jun 19, 2021 5:22 am The one stock I wish I had bought in mid 1980 is an old-fashioned, low-tech railroad: Union Pacific. It's done better than VFINX in that time. If I had put every dollar I ever invested into UNP, I would be a wealthy man today.
Broken Man 1999 wrote: Sun Jun 20, 2021 5:27 pm I-bonds purchased in 2000 and 2001. Purchase price $57,350. Current price $172,820. I coulda, shoulda bought I-bonds every year afterwards, but I didn't. Dumb, dumb, dumb.
It might be the case that the decision making in both examples above was reasonably good even if looking back you both feel regret. Outcomes are driven partly by decision making and partly by factors outside your control ("luck"). It is misleading to judge the quality of decision making on what the outcome turned out to be.

Betting everything on a single undiversified investment (UNP) is a bad investment strategy and is a bad lesson to apply for future situations.

Popular books about the philosophy of randomness and decision making offer some consolation: if you haven't, have a read of Taleb's "fooled by randomness" and Annie Duke's "thinking in bets".
smectym
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Re: What Is Your Longest-Held Investment?

Post by smectym »

Vanguard Wellesley since the dawn of time...single stock: Duke Energy since 2013 (a DRIP)
DYoul
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Re: What Is Your Longest-Held Investment?

Post by DYoul »

Nicholas find after tax from 1985, $1000 now 50k
Fidelity Puritan IRA 1986
3k of Phillip Morris purchased 1993 now 100k :sharebeer
Bagels
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Re: What Is Your Longest-Held Investment?

Post by Bagels »

Philip Morris International
and Public Service of New Mexico (PNM)
If you have ProtonMail Plus, you probably have access to ProtonDrive now. I never got an announcement, but it's there, in Beta.
quadog
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Re: What Is Your Longest-Held Investment?

Post by quadog »

Dontridetheindexdown wrote: Thu Jun 17, 2021 7:42 pm Altria (MO) and its predecessor firms, since 1980, when I first began investing.
No offense, but I hope you can sleep well at night.
tomsense76
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Re: What Is Your Longest-Held Investment?

Post by tomsense76 »

anon_investor wrote: Thu Jun 17, 2021 6:54 pm Does VFIAX count if it was originally VFINX and Vanguard converted it to Admiral class shares?
Same
"Anyone who claims to understand quantum theory is either lying or crazy" -- Richard Feynman
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chris319
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Re: What Is Your Longest-Held Investment?

Post by chris319 »

It might be the case that the decision making in both examples above was reasonably good even if looking back you both feel regret.
Who said anything about regret? This is a fantasy thought exercise, as in "if I could turn back the calendar", which of course, I cannot.

If I have any regrets, it was staying too long in the dot-com bubble.
The only person you have to please in life is yourself.
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Marmot
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Re: What Is Your Longest-Held Investment?

Post by Marmot »

chris319 wrote: Thu Jun 17, 2021 6:39 pm What is your longest-currently-held investment? IOW, what investment that you currently hold have you held longest?

For me it's QLD, the 2x NDX fund which I've held since 4/17/2017, over 4 years. I have no intention of selling it.

After the dot-com boom went kaboom, I had a system for trading individual stocks which was thoroughly backtested. I was being scientific about it and had a system all worked out using a subscription service. I traded the system religiously every Sunday night but the results were dismal. The system backtested well but it just didn't hold up in real-world trading, so I eventually ditched it. I became a buy-and-hold man and have never looked back.

Leveraged ETF's have done well for me, but I'm still playing catch-up to cover my dismal post-boom performance.
Not sure of the worth of this string, it's more like who cares. That being said Proctor & Gamble and Clorox. Reason.... they are generational legacy shares handed down in the family since the 1930's. So for me, owned since 1980.
Marty....don't go to the year 2020....Dr. Emmett Brown
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tennisplyr
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Re: What Is Your Longest-Held Investment?

Post by tennisplyr »

I’ve held Fidelity Balanced Fund for about 30 years.
Those who move forward with a happy spirit will find that things always work out.
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Spinola
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Re: What Is Your Longest-Held Investment?

Post by Spinola »

TIAA Traditional is the only thing I have held across decades. Some of my vintages are earning 4%. Since discovering Bogleheads a few years ago, I have invested only in low cost index funds from TIAA (TIEIX Total US market Fund), Black Rock BTMKX- MSCI EAFE International Index Fund) in my 403b and Vanguard (VTI, VTV, VBR) in my Roth and SEP IRAs.. and ditched all the old funds I was in: TIAA Real Estate, Target Date fund and other higher ER funds..
minesweep
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Re: What Is Your Longest-Held Investment?

Post by minesweep »

Marseille07 wrote: Thu Jun 17, 2021 7:18 pm
LeslieSmiley wrote: Thu Jun 17, 2021 7:16 pm APPL since 1998
Very nice. This quote just came to me :D
Lieutenant Dan got me invested in some kind of fruit company. So then I got a call from him, saying we don't have to worry about money no more. And I said, that's good! One less thing.
I hope it didn't turn out to be a lemon company.
Time is your friend; impulse is your enemy - John Bogle | Learn every day, but especially from the experiences of others, it's cheaper! - John Bogle
WannabeBogleHead01
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Re: What Is Your Longest-Held Investment?

Post by WannabeBogleHead01 »

Vanguard Primecap in my Roth IRA
Silverado
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Re: What Is Your Longest-Held Investment?

Post by Silverado »

Broken Man 1999 wrote: Sun Jun 20, 2021 5:27 pm
Broken Man 1999 wrote: Fri Jun 18, 2021 8:20 am I bought 10 uncirculated silver dollars, years 1879-1888, when I was 12 or 13 years old. So, somewhere around 55 years. $23.50 for the 10 coins. I haven't priced them in years.

For Vanguard holdings it would be Total Stock Market Index bought in 2011. Started as mutual fund, now held as ETF.

My first Vanguard holding was Target Retirement 2025, purchased in 2003 when I rolled over my 401K plan from Fidelity. I switched out of the Target Retirement 2025 in 2011, to cut the ERs by buying the component pieces.

Broken Man 1999
Whoops, forgot I-bonds purchased in 2000 and 2001. Purchase price $57,350. Current price $172,820. I coulda, shoulda bought I-bonds every year afterwards, but I didn't. Dumb, dumb, dumb.
Yeah, the unfortunate part of this thread is it dredges up some long buried regret! Or really, creates regret where there wasn’t until you were 'forced' to think about things.
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