John Stankey was a drunken riverboat gambler with other people's money. That risk still exists today as he feels no sting from whacking multiple $50-$100B hornets nests. It's a safe bet that once the balance sheet has enough strength he will go out and do something stupid all over again.
9 replies (most recent on top)
“You should go out and start your own company if not happy with current strategy.”
Nah, I’ll just keep dumping the shares ya’ll award me and buy NVDA - doing my part keepin’ the price low.
Forget AT&T or T-Mobile stock. Cryptocurrencies will make you rich.
CDs pay more these days than T. Dump the match and put it in something else.
You could have always sold the AT&T stock and invested in T-Mobile yourself. ATT cannot require you to hold their stock. Just think if you would have sold the ATT stock and bought NVIDIA instead of T-Mobile?
Imagine matching or investing in Caterpillar Stock (CAT). CAT restarted dividends in 1982, TMUS started dividends in Q4 2023. Use the DRIP (Dividend Reinvestment Plan) to accumulate more shares, to accumulate more dividends, to accumulate more shares, etc. Morningstar website has good “Trailing Return” information.
CAT 15 Year Training Return: 16.44%
https://www.morningstar.com/stocks/xnys/cat/trailing-returns
TMUS 15 Year Training Return: 13.54%
https://www.morningstar.com/stocks/xnas/tmus/trailing-returns
VZ 15 Year Training Return: 6.65%
https://www.morningstar.com/stocks/xnys/vz/trailing-returns
T 15 Year Training Return: 4.77%
https://www.morningstar.com/stocks/xnys/t/trailing-returns
*Don’t get me started on NVIDIA (NVDA). WOW! 💰💵💲
https://www.morningstar.com/stocks/xnas/nvda/trailing-returns
https://www.investopedia.com/terms/d/dividendreinvestmentplan.asp#:~:text=A%20dividend%20reinvestment%20plan%2C%20or,dividends%20that%20will%20be%20reinvested.
We could retire by now!
The current 401k offerings thru Fidelity have outperformed the market. If you are attentive to the funds and stocks within, you can make changes and increase the returns. Always invest the maximum allowed by law, above what is being matched, plus the additional Roth offerings.
15 years ago was T-Mobile matching 401K contributions in stock?
You should go out and start your own company if not happy with current strategy.