Comments on: Welcome to MSN Money Readers and Buying the B Share (Nov 2007 Progress Report) http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/ Money Management and Personal Finance | The Dough Roller Sat, 21 Nov 2009 01:10:27 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: DR http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3674 DR Thu, 13 Dec 2007 10:38:42 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3674 Al, it's good to hear from you again! If my memory is correct, it's been a while. In terms of the price of BRK, the only thing I can see is that Progressive warned that earnings were down due to increased competitiveness in its auto insurance division. BRK is heavy in the insurance business, including auto insurance (Geico). Some may have viewed this as a ominous sign for BRK. The fact is that a significant portion of BRK's amazing earnings come from its insurance business. A major catastrophe (or series of major catastrophes) could upset the party at BRK. As somebody looking to buy, however, that would sure make my job a lot easier. Al, it’s good to hear from you again! If my memory is correct, it’s been a while. In terms of the price of BRK, the only thing I can see is that Progressive warned that earnings were down due to increased competitiveness in its auto insurance division. BRK is heavy in the insurance business, including auto insurance (Geico). Some may have viewed this as a ominous sign for BRK. The fact is that a significant portion of BRK’s amazing earnings come from its insurance business. A major catastrophe (or series of major catastrophes) could upset the party at BRK. As somebody looking to buy, however, that would sure make my job a lot easier.

]]> By: Al http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3671 Al Wed, 12 Dec 2007 23:45:07 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3671 Hi - I think buying the Baby Berk rather than a large cap fund is not a bad idea. BTW - What happened to both the A and B shares today - down by 2-3%? Any thoughts? Hi – I think buying the Baby Berk rather than a large cap fund is not a bad idea.
BTW – What happened to both the A and B shares today – down by 2-3%?
Any thoughts?

]]> By: DR http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3491 DR Fri, 07 Dec 2007 01:40:52 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3491 Patrick, I got your e-mail and really appreciate the gesture. And I agree you have to watch the fees, although I think I'll be investing enough to make it worth it. Patrick, I got your e-mail and really appreciate the gesture. And I agree you have to watch the fees, although I think I’ll be investing enough to make it worth it.

]]> By: Patrick http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3478 Patrick Thu, 06 Dec 2007 16:34:52 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3478 I would think twice about buying a partial share via Sharebuilder unless you are going to put in a good chunk of money each time. Sharebulder normally charges $4 per scheduled transaction (more if you want to buy via an unscheduled transaction). Unless you are putting in a lot at once, you will pay a lot of fees to buy that share by the time it is completely purchased. I would probably want to invest several hundred to $1,000 before I started buying partial shares of BRKB. This will reduce the overall amount of fees you pay. Also, I e-mailed you a link with a $55 bonus for signing up for Sharebuilder acct. This will give you a free headstart on your BRKB share! I would think twice about buying a partial share via Sharebuilder unless you are going to put in a good chunk of money each time.

Sharebulder normally charges $4 per scheduled transaction (more if you want to buy via an unscheduled transaction). Unless you are putting in a lot at once, you will pay a lot of fees to buy that share by the time it is completely purchased. I would probably want to invest several hundred to $1,000 before I started buying partial shares of BRKB. This will reduce the overall amount of fees you pay.

Also, I e-mailed you a link with a $55 bonus for signing up for Sharebuilder acct. This will give you a free headstart on your BRKB share!

]]> By: DR http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3394 DR Wed, 05 Dec 2007 03:47:47 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3394 Point well taken, which is why I think I'm going to follow Free From Broke's advice and open a Sharebuilder account. By the way, both my retirement and non-retirement investments are in a mix of low cost actively managed and index funds, so the B Share will represent a very small percentage of my investments. I'm working on a post to describe in detail my asset allocation, and hope to have it posted this month. Point well taken, which is why I think I’m going to follow Free From Broke’s advice and open a Sharebuilder account. By the way, both my retirement and non-retirement investments are in a mix of low cost actively managed and index funds, so the B Share will represent a very small percentage of my investments. I’m working on a post to describe in detail my asset allocation, and hope to have it posted this month.

]]> By: FourPillars http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3391 FourPillars Wed, 05 Dec 2007 01:55:52 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3391 I would suggest that you consider investing the money in something else ie index fund. At the rate you are going it might be a while before you have a Baby Berk to call your own. Once you have enough then you can buy the Berk. Mike I would suggest that you consider investing the money in something else ie index fund. At the rate you are going it might be a while before you have a Baby Berk to call your own. Once you have enough then you can buy the Berk.

Mike

]]> By: DR http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3390 DR Tue, 04 Dec 2007 23:48:19 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3390 I looked into that about 3 months ago. I called Share Builder and they confirmed that you can buy partial shares. Not a bad idea for the "Buying the B Share" program. I looked into that about 3 months ago. I called Share Builder and they confirmed that you can buy partial shares. Not a bad idea for the “Buying the B Share” program.

]]> By: Free From Broke http://www.doughroller.net/investing/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/comment-page-1/#comment-3377 Free From Broke Tue, 04 Dec 2007 15:18:20 +0000 http://www.doughroller.net/2007/12/04/welcome-to-msn-money-readers-and-buying-the-b-share-nov-2007-progress-report/#comment-3377 It's probably been mentioned before, but can you invest in the Berkshire Hathaway B share through Share Builder? I believe you can buy partial shares through them. It’s probably been mentioned before, but can you invest in the Berkshire Hathaway B share through Share Builder? I believe you can buy partial shares through them.

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