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I bought my original shared over 3 transactions in 2016 for the bargain prices of 14, 15, and 16 dollars and change per share.The stock is up over /share today for that 27% gainer.For more on that thought: Is There a Better Index than the S&P 500? The ML index fund returns are really approximate as we changed plans mid-year and all the stats went away but I think those are close.They’re indices, after all, how much are they gonna outperform or underperform?
Before I forget, here’s a link to the website if you want more information or a link to join the 100’s of thousands who have already discovered the magic.Here’s the thing, though: these folks hardly ever reveal their big strategy and past portfolio performance! If I’m wrong then show me why and how much more right you are with some damned results.Anyhow, our individual stocks are still up over 42% for the year and outpacing the S P’s nice 13.5% gain. Match Group owns the most popular of these, Tinder, along with about 20 other dating sites and I think that includes OK Cupid, Plenty of Fish, and Goldmember Swordfight. The reported earnings yesterday evening and added something like 500,000 members and the stock is going ape-shit crazy today as a result. All kidding aside, though, it’s a helluva day to get your jollies when your second largest holding (MTCH) is up 27% while the whole market is taking another steaming dump. It seems to me there has been a shift in modern dating to something called a “dating app.” where you find potential partners on this thing called the internet.
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